#IMF, winter, 2020: Shaping a #Data#Economy - by Murat Sonmez, Member of the Managing Board of World Economic Forum, Head of the Forum's Centre for the Fourth Industrial Revolution, San Francisco.
"The world needs a new system of governance for the buying & selling of data"
"Tech was already speeding ahead when the global #pandemic began. Now it is in even higher gear. More than 80% of business executives are accelerating plans to digitalize work processes & deploy new tech. By 2025, employers will divide work equally between #humans & #machines."
"How can we ensure that all of society benefits, & not just the privileged few? ... #Data is the key to unlocking the potential of the #4IR. It fuels AI, precision medicine, robotics, & the IoTs"
Precision PH Summit, w/ White House & Gates Found., 2016:
"Building #trust - Underpinning progress across 4IR technologies, whether it’s diagnosing rare diseases or improving agricultural yields, is trust. Without trust in the data we are sharing, the system could #collapse."
"One obvious answer is to use blockchain... #Blockchain’s peer-to-peer security architecture, transparency, & rapidly evolving features—such as #smartcontracts & tokens—make it an ideal platform..."
The Ecology of Trust Mechanization for #4IR primer:
Some will recognize author Murat Sonmez (head of Centre for the Fourth Industrial Revolution Network & managing director of #WorldEconomicForum) from this April 5, 2020 #4IR thread:
"Harvesting the oceans under the Blue Economy": "The #OECD suggests that the #ocean economy is likely to outpace the global economy in the next 15 years."
"Framed as perhaps the last untapped, under-explored & under-exploited region in the world, the Pacific #Ocean is set to be a contested space for resources."
"The #BlueEconomy heralds a new race to carve up the Pacific, turning the Pacific Ocean, from surface to seafloor, into a crowded/contested space. Pacific state leaders are courted w/ economic gains that are a fraction of the value of the ocean resources that will be #extracted."
"The fourth industrial revolution - it's a fusion of the physical, the digital & the biological world. It's changing not only what we are doing, it's changing who we are."
Schwab: "The speed is mind boggling. What I'm particularly concerned about, is how little the world is prepared."
Satya Nadella, #Mircosoft: "It's really the notion of digital technology pervasively impacting every walk of life & every [] industry, in all parts of the globe."
"A Cloud for Global Good"
"Tech for Good"
"Responsible AI"
"the new King of Wall Street is leading the charge...
..there could be as much as $120 trillion up for grabs...It’s tied to the $5-trillion global transport. industry, the $9 trillion healthcare industry, the $850-billion airline industry.. the $26-billion food delivery segment"
"world's first #carbonoffset ride-sharing platform to an electric vehicle subscription service... #ESG investors are loving it.
And its "people & planet first" motto fits in perfectly with the new kings of #WallStreet.
From Climate Naysayers to #COVID Believers: Money Talks"
The big lie: "#Alphabet [#GOOGLE] is one of the leaders in the Big Tech push to go green. Not only is Alphabet powering its #datacenters w/ renewable #energy, it is also on the cutting edge of innovation... investing in new tech. & green [] to build a more sustainable tomorrow."
"Due to the crucial role of placenta in supporting the foetus's #development & in acting as an interface w/ the external environment, the presence of potentially harmful #plastic#particles is a matter of great concern."
"...scientists say there is an urgent need to assess the issue, particularly for infants. In October, scientists revealed that babies fed formula milk in #plastic bottles are swallowing millions of #particles a day."