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Decreased uncertainty, improved decisions
Global Advisors is a leader in defining quantified strategies, decreasing uncertainty, improving decisions and achieving measureable results.
We specialise in providing highly-analytical data-driven recommendations in the face of significant uncertainty.
We utilise advanced predictive analytics to build robust strategies and enable our clients to make calculated decisions.
We support implementation of adaptive capability and capacity.
Our latest
Thoughts
Podcast – The Real AI Signal from Davos 2026
While the headlines from Davos were dominated by geopolitical conflict and debates on AGI timelines and asset bubbles, a different signal emerged from the noise. It wasn’t about if AI works, but how it is being ruthlessly integrated into the real economy.
In our latest podcast, we break down the “Diffusion Strategy” defining 2026.
3 Key Takeaways:
- China and the “Global South” are trying to leapfrog: While the West debates regulation, emerging economies are treating AI as essential infrastructure.
- China has set a goal for 70% AI diffusion by 2027.
- The UAE has mandated AI literacy in public schools from K-12.
- Rwanda is using AI to quadruple its healthcare workforce.
- The Rise of the “Agentic Self”: We aren’t just using chatbots anymore; we are employing agents. Entrepreneur Steven Bartlett revealed he has established a “Head of Experimentation and Failure” to use AI to disrupt his own business before competitors do. Musician will.i.am argued that in an age of predictive machines, humans must cultivate their “agentic self” to handle the predictable, while remaining unpredictable themselves.
- Rewiring the Core: Uber’s CEO Dara Khosrowshahi noted the difference between an “AI veneer” and a fundamental rewire. It’s no longer about summarising meetings; it’s about autonomous agents resolving customer issues without scripts.
The Global Advisors Perspective: Don’t wait for AGI. The current generation of models is sufficient to drive massive value today. The winners will be those who control their “sovereign capabilities” – embedding their tacit knowledge into models they own.
Read our original perspective here – https://with.ga/w1bd5
Listen to the full breakdown here – https://with.ga/2vg0z

Strategy Tools
Strategy Tools: The 7S Framework – A Comprehensive Guide
By John Khova Global Advisors digital consultant Introduction The McKinsey 7S Framework is one of the most enduring and widely recognised management models in strategic consulting and organisational design. It posits that organisational effectiveness depends not on...
Fast Facts
Fast Fact: Great returns aren’t enough
Key insights
It’s not enough to just have great returns – top-line growth is just as critical.
In fact, S&P 500 investors rewarded high-growth companies more than high-ROIC companies over the past decade.
While the distinction was less clear on the JSE, what is clear is that getting a balance of growth and returns is critical.
Strong and consistent ROIC or RONA performers provide investors with a steady flow of discounted cash flows – without growth effectively a fixed-income instrument.
Improvements in ROIC through margin improvements, efficiencies and working-capital optimisation provide point-in-time uplifts to share price.
Top-line growth presents a compounding mechanism – ROIC (and improvements) are compounded each year leading to on-going increases in share price.
However, without acceptable levels of ROIC, the benefits of compounding will be subdued and share price appreciation will be depressed – and when ROIC is below WACC value will be destroyed.
Maintaining high levels of growth is not as sustainable as maintaining high levels of ROIC – while both typically decline as industries mature, growth is usually more affected.
Getting the right balance between ROIC and growth is critical to optimising shareholder value.
Selected News
Term: Diffusion models
“Diffusion models are a class of generative artificial intelligence (AI) models that create new data instances by learning to reverse a gradual, step-by-step process of adding noise to training data.” – Diffusion models
Diffusion models are a class of generative artificial intelligence models that create new data instances by learning to reverse a gradual, step-by-step process of adding noise to training data. They represent one of the most significant advances in machine learning, emerging as the dominant generative approach since the introduction of Generative Adversarial Networks in 2014.
Core Mechanism
Diffusion models operate through a dual-phase process inspired by non-equilibrium thermodynamics in physics. The mechanism mirrors the natural diffusion phenomenon, where molecules move from areas of high concentration to low concentration. In machine learning, this principle is inverted to generate high-quality synthetic data.
The process consists of two complementary components:
- Forward diffusion process: Training data is progressively corrupted by adding Gaussian noise through a series of small, incremental steps. Each step introduces controlled complexity via a Markov chain, gradually transforming structured data into pure noise.
- Reverse diffusion process: The model learns to reverse this noise-addition procedure, starting from random noise and iteratively removing it to reconstruct data that matches the original training distribution.
During training, the model learns to predict the noise added at each step of the forward process by minimising a loss function that measures the difference between predicted and actual noise. Once trained, the model can generate entirely new data by passing randomly sampled noise through the learned denoising process.
Key Components and Architecture
Three essential elements enable diffusion models to function effectively:
- Forward diffusion process: Adds noise to data in successive small steps, with each iteration increasing randomness until the data resembles pure noise.
- Reverse diffusion process: The neural network learns to iteratively remove noise, generating data that closely resembles training examples.
- Score function: Estimates the gradient of the data distribution with respect to noise, guiding the reverse diffusion process to produce realistic samples.
A notable architectural advancement is the Latent Diffusion Model (LDM), which runs the diffusion process in latent space rather than pixel space. This approach significantly reduces training costs and accelerates inference speed by first compressing data with an autoencoder, then performing the diffusion process on learned semantic representations.
Advantages Over Alternative Approaches
Diffusion models offer several compelling advantages compared to competing generative models such as GANs and Variational Autoencoders (VAEs):
- Superior image quality: They generate highly realistic images that closely match the distribution of real data, outperforming GANs through their distinct mechanisms for precise replication of real-world imagery.
- Stable training: Unlike GANs, diffusion models avoid mode collapse and unstable training dynamics, providing a more reliable learning process.
- Flexibility: They can model complex data distributions without requiring explicit likelihood estimation.
- Theoretical foundations: Based on well-understood principles from stochastic processes and statistical mechanics, providing strong mathematical grounding.
- Simple loss functions: Training employs straightforward and efficient loss functions that are easier to optimise.
Applications and Impact
Diffusion models have revolutionised digital content creation across multiple domains. Notable applications include:
- Text-to-image generation (Stable Diffusion, Google Imagen)
- Text-to-video synthesis (OpenAI SORA)
- Medical imaging and diagnostic applications
- Autonomous vehicle development
- Audio and sound generation
- Personalised AI assistants
Mathematical Foundation
Diffusion models are formally classified as latent variable generative models that map to latent space using a fixed Markov chain. The forward process gradually adds noise to obtain the approximate posterior:
q(x_{1:T}|x_0)
where x_1, \ldots, x_T are latent variables with the same dimensionality as the original data x_0. The reverse process learns to invert this transformation, generating new samples from pure noise through iterative denoising steps.
Theoretical Lineage: Yoshua Bengio and Deep Learning Foundations
Whilst diffusion models represent a relatively recent innovation, their theoretical foundations are deeply rooted in the work of Yoshua Bengio, a pioneering figure in deep learning and artificial intelligence. Bengio’s contributions to understanding neural networks, representation learning, and generative models have profoundly influenced the development of modern AI systems, including diffusion models.
Bengio, born in 1964 in Paris and now based in Canada, is widely recognised as one of the three “godfathers of AI” alongside Yann LeCun and Geoffrey Hinton. His career has been marked by fundamental contributions to machine learning theory and practice. In the 1990s and 2000s, Bengio conducted groundbreaking research on neural networks, including work on the vanishing gradient problem and the development of techniques for training deep architectures. His research on representation learning established that neural networks learn hierarchical representations of data, a principle central to understanding how diffusion models capture complex patterns.
Bengio’s work on energy-based models and probabilistic approaches to learning directly informed the theoretical framework underlying diffusion models. His emphasis on understanding the statistical principles governing generative processes provided crucial insights into how models can learn to reverse noising processes. Furthermore, Bengio’s advocacy for interpretability and theoretical understanding in deep learning has influenced the rigorous mathematical treatment of diffusion models, distinguishing them from more empirically-driven approaches.
In recent years, Bengio has become increasingly focused on AI safety and the societal implications of advanced AI systems. His recognition of diffusion models’ potential-both for beneficial applications and potential risks-reflects his broader commitment to ensuring that powerful generative technologies are developed responsibly. Bengio’s continued influence on the field ensures that diffusion models are developed with attention to both theoretical rigour and ethical considerations.
The connection between Bengio’s foundational work on deep learning and the emergence of diffusion models exemplifies how theoretical advances in understanding neural networks eventually enable practical breakthroughs in generative modelling. Diffusion models represent a maturation of principles Bengio helped establish: the power of hierarchical representations, the importance of probabilistic frameworks, and the value of learning from data through carefully designed loss functions.
References
1. https://www.superannotate.com/blog/diffusion-models
2. https://www.geeksforgeeks.org/artificial-intelligence/what-are-diffusion-models/
3. https://en.wikipedia.org/wiki/Diffusion_model
4. https://www.coursera.org/articles/diffusion-models
5. https://www.assemblyai.com/blog/diffusion-models-for-machine-learning-introduction
6. https://www.splunk.com/en_us/blog/learn/diffusion-models.html
7. https://lilianweng.github.io/posts/2021-07-11-diffusion-models/

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