Welcome to Relay Weekly No. 10.
Formula 1 is spending two weekends in Southeast Asia. Last weekend was Sepang, where Max Verstappen won the Bahrain Grand Prix (which had been moved to Malaysia). This weekend the paddock moves to Singapore, with the Marina Bay race on Sunday night.
Away from the circuit, there was a similar sense of things moving quickly.
Singapore put a number on the size of its digital economy, and the Monetary Authority of Singapore set out how it expects banks and other financial institutions to manage AI. Meanwhile, South Korean banks and Japanese companies reported customer data breaches. Nikkei Asia, citing Trend Micro, says Japanese organisations had already announced 600 cyber incidents by the end of September, close to the 644 recorded for all of 2024. AI is increasingly part of the conversation around these attacks.
The piece I published this week is about hiring software. When several employers use the same vendor, a candidate may be assessed by the same system more than once. Each employer may still make its own decision. In Singapore, a person at the company still has to decide who is hired. What is still unclear is whether one company's assessment is then used by the next employer.