Metaverse and More: The Digital Innovation to Keep an Eye On
Host
Julia Boorstin, CNBC’s Senior Media & Tech Correspondent, Jon Fortt, CNBC’s “TechCheck” Co-Anchor & Eamon Javers, CNBC Senior Washington Correspondent
Speakers
Raffaella Camera, Unreal Engine Head of Brands and Advertisers Solutions
Yuji Higaki, Niantic Senior Vice President of Engineering
Phil Libin, mmhmm and All Turtles CEO & Co-Founder
Metaverse and More: The Digital Innovation to Keep an Eye On
The opportunities are endless when it comes to the metaverse. The potential of augmented and virtual reality for companies continues to grow each day. Leveraging tools for workforces is crucial to utilizing all aspects of digital reality to its fullest extent. These key points along with the current cybersecurity crisis were just some of the conversations at CNBC’s Technology Executive Council’s Town Hall.
Key Points
- Figuring out a solid approach is non-negotiable when tackling the metaverse. For Rafaella Camera, Head of Brands & Advertisers Solutions for Unreal Engines, taking a creator first approach has garnered massive success for the company. While a creator first approach isn’t for everyone, companies must figure out what works best in order to capitalize on their success.
- With such vast possibilities within the metaverse, companies must focus not on what they think or hope will attract consumers, but pay attention to what consumers actually want. Looking at successful virtual patterns over the years can greatly help steer companies in the right direction.
Social Media Matters
Host
Deirdre Bosa, CNBC “Techcheck” Co-Anchor
Speakers
Sree Sreenivasan, Visting Professor of Digital Innovation at Stony Brook University, CEO & Co-Founder of Digimentors
Social Media Matters
Social media is arguably the quickest tool to make or break a company. Combatting online trolls, establishing a strong presence online, creating a unique social media strategy are all critical components to consider for the world of HR and social media teams. These few tips and tricks were among the numerous offered at CNBC’s Workforce Executive Council’s Town Hall.
Key Points
- “What’s common sense in real life is common sense on social media,” Sree Sreenivasan, a professor of Digital Innovation and CEO/Co-Founder of Digimentors said of how companies should go about implementing social media strategies. If you wouldn’t do it in person, don’t do it online.
- Negative comments are inevitable in the digital world. Instead of focusing on combating these comments completely, social teams should be connected to HR on reputable online platforms in order to gain an in depth understanding of their policies and how they deal with these matters.
CNBC CFO Council Fed Matters — January 2022
Host
Steve Liesman, CNBC Senior Economics Reporter
CNBC CFO Council Fed Matters — January 2022
CNBC’s CFO Council met on January 25th for its first event of 2022.
Key Points
- According to a survey, 91% of respondents believe the fed. is late in addressing the issue of inflation. Respondents are still optimistic the economy will do well as long as it reaches a point where it is able to fight inflation.
- America however will still have to deal with supply chain issues as well as the effects of the virus on supplies. There has also been a significant rise in consumer demands over the past months.
On to 2022: Reporter Roundtable
Host
David Spiegel, Editorial Director
Speakers
Julia Boorstin, CNBC,Senior Media & Tech Correspondent
Jon Fortt, CNBC “TechCheck” Co-Anchor
Eamon Javers, CNBC Senior Washington Correspondent
On to 2022: Reporter Roundtable
The potential of the metaverse, possible Congressional regulation on cryptocurrency and social media risks, and the ongoing—and very serious—implications of a flaw in widely used internet software were among the topics at CNBC's Technology Executive Council’s Town Hall, the last event for 2021.
CNBC CFO Council Fed Matters — December 2021
Host
Steve Liesman, CNBC Senior Economics Reporter
CNBC CFO Council Fed Matters — December 2021
CNBC’s CFO Council met on December 14th, 2021, for the last event of the year.
Key Points
- In a recent development, surveys have found that hiring difficulties are a permanent concern. Aside from general difficulties in terms of hiring, the U.S. is now significantly behind in terms of women in the workforce as a result of childcare accessibility.
- Compared to November’s survey, this survey predicted the fed to taper at 30 billion. The biggest concern however shifted to whether or not the fed was moving too high too fast.
Peak Performance: Rethinking performance reviews in a hybrid world
Host
Meg Tirrell, CNBC Senior Health & Science Reporter, Dominic Chu, CNBC Senior Markets Correspondent
Speakers
Dr. Vin Gupta, Amazon Sr. Principal Scientist & Chief Medical Officer, COVID-19 Response
Bryan Hancock, McKinsey & Company Partner
Peak Performance: Rethinking performance reviews in a hybrid world
As the year draws to a close, companies are facing fresh challenges in the form of the omicron variant, the risk it poses, and confusion over what fully vaccinated really means. At the same time, questions remain about the best ways to deliver fair and equitable performance reviews as employees continue to split their time between being in the office and working remotely. We tackled both these important topics at the last WEC Town Hall of 2021.
Key Points
- Given what is known—and not known—about omicron, Dr. Vin Gupta, a critical care pulmonologist, affiliate faculty member and scientific health advisor at the University of Washington, says the psychological wellbeing of employees would be better served with more time and certainty about the risks posed by this latest variant.
- While changing return dates only makes CHROs’ jobs even more complex, the bigger issue that companies will soon need to address is the definition of fully vaccinated. Companies should prepare now to re-evaluate their definition of fully vaccinated to better reflect what we’re learning about omicron and communicate that clearly to their employees.
- Bryan Hancock, a partner with McKinsey & Co., said the challenge of fair performance reviews pre-dated Covid, but the pandemic amplified the need to get this right.
- It will require a new way of doing things but fairness and equity in performance reviews can be achieved when there is a premium placed on transparency and consistent and open communication between managers and employees.
3rd Annual TEC Summit
Host
Tyler Mathisen, “Power Lunch” Co-Anchor & Vice President, Events Strategy
Speakers
Gerald Chertavian, Year Up Founder & CEO
Anil Dash, Glitch CEO
Cherif Gamra, TechNext Inc. Director of Client Operations
Jared Isaacman, Shift4 Payments CEO & Founder and Inspiration4 Mission
Chris Magee, TechNext Inc. CEO & Co-Founder
Kevin Mandia, Mandiant CEO
Leon E. Panetta, Former United States Secretary of Defense
Simone Petrella, Cybervista CEO
3rd Annual TEC Summit
The 3rd Annual CNBC Technology Executive Council Summit was held on Wednesday, November 17, 2021 in New York, NY. The TEC Summit is CNBC’s flagship technology conference, and as our annual year-end member convening, an opportunity for top CIOs, CISOs, and CTOs to come together to hear from and dialogue with marquee speakers and industry experts, meet CNBC journalists, and spend quality time with fellow TEC member executives. Programming and discussions are designed to be thought-provoking, timely, and interactive, covering critical issues including digital transformation, developing tech talent pipelines, cybersecurity, and more. The half-day summit will begin with lunch at noon, followed by an afternoon of programming with ample networking time, then cocktails and dinner.
Key Points
- According to Anil Dash, CEO of Glitch and self-proclaimed tech optimist, the ability to check in with remote employees via different tools and platforms is liberating and productive for many, but there are differences. “Vulnerable people in your organization don’t experience surveillance as helpful,” he said.
- “We’re never going to solve this talent shortage if companies don’t address what’s happening at the entry level,” Simone Petrella, CEO of CyberVista told CNBC’s Jon Fortt. She said companies should put a bigger focus on evaluating the tech talent they have and then put in place upskilling programs to get them to the next level. Petrella added that the average cyber job takes six months to fill.
- The unrelenting frequency of cyber attacks on companies, hospital systems, schools and critical U.S. infrastructure has reached a boiling point, said Kevin Mandia, CEO of Mandiant, the company that discovered the SolarWinds attack nearly a year ago. “Everyone is tired of ransomware,” he told CNBC Senior Washington Correspondent Eamon Javers. But there are things companies can do. He urged TEC members to require two-factor authentication in their organizations and to make spear phishing training essential for all employees.
- “There’s just so much we don’t know about space yet,” said Jared Isaacman, Shift4 Payments founder and commander of the first all-civilian crew to orbit the Earth. He told TEC members that the role of the private sector in space exploration is a good thing, adding that capital can be deployed more efficiently than when it comes from the government.