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While the benefits of the information revolution are clear, the risks it brings should not be underestimated, says Andrew Lo

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The information revolution has transformed everyday life for billions of people throughout the world. For example, according to mobile phone research group GSMA Intelligence, there are currently over 5 billion unique mobile phone subscribers, out of an estimated global population of 7.6 billion. This is the equivalent of a mobile phone for every person on the planet between the ages of 15 and 65.

This enormous surge in connectivity, which allows a teenager in northern Canada to watch music

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