On today’s show we are talking about the tradeoff between security and convenience. Your phone is a device that has so much knowledge about you embedded within it. 

How long before the very devices that we rely upon to act as our communication device, our camera, our entertainment screen, our wallet, and the key to unlock the entry door to our home becomes too much of a liability?

The epidemic of identity theft has been problematic for some time. It used to be the case that identity theft could allow someone to get a credit card in your name. 

So the question is what do you as a real estate investor need to know to protect your properties? How do you prevent someone from entering a building who is not authorized to do so? 

Smart building systems are extremely convenient. But are they secure? How do you perform the evaluation to know whether you are buying the right system? 

These are more questions than answers. Even if you have an answer today, who knows whether the answer will still be correct in a year or a month or a week from now. The capability of AI systems is growing at an exponential rate. 

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