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From Here? Through the Wormhole Year 2030 Should We Maintain our - PowerPoint PPT Presentation

Nov 05, 2023 •168 likes •245 views

Where Do We Go From Here? Through the Wormhole Year 2030 Should We Maintain our Current Approaches? 2019 MCMC Researc arch h Symposium um 21 Nove vember 2019 Dr. Peter Lovelock Director, TRPC Singapore | Hong Kong | Melbourne Where

  1. Where Do We Go From Here? Through the Wormhole Year 2030 – Should We Maintain our Current Approaches? 2019 MCMC Researc arch h Symposium um 21 Nove vember 2019 Dr. Peter Lovelock Director, TRPC Singapore | Hong Kong | Melbourne

  2. Where are we heading? “Objectives drive behaviour” BUSINESS SOCIETY GOVERNMENT TECHNOLOGY • • • • Digital, real-time payments Hyper-connected digital Fully digital AI & ML • • • E-commerce dominance natives Smart cities, homes and VR & AR • • • Sharing economy Trans-humans military (… smart leaders ?) Cloud, Quantum computing • • • • Innovative Super-centenarians Automated Ubiquitous connectivity • • • products/services; Changing expectations Personalized Big Data • • Constant reinvention responsiveness DLTs • • • Privacy/digital Sustainability/ Competition and exposure Environmental Consumer POTENTIAL • Data breaches repercussions Protection CHALLENGES? • • • Cybersecurity Ethics/Safety Quality Control • attacks/incidents New actors

  3. Where are we coming from? “Framing the future by learning from the past” Les esson #1 Those who meaningfully understand these KEY MIL KEY ILESTONES IN IN DI DIGITAL REV REVOLUTION technologies remain few. Governments should play a greater role in de develo loping un unders rstandin ing, and shaping 1969: Internet predecessor APRANET established 19 19 1984: First mobile phone introduced the direction and scope of growth/change. 19 1989: Tim Berners-Lee develops HTML, introduces the WWW 19 1992: Launch of commercial dial-up Internet; first audio and video distributed over the Internet 1993: Netscape launches 19 Les esson #2 19 1994: Sm Smart phones introduced Digital revolution has thus far ridden on a supply- 19 1995: Amazon, Craigslist and eBay go live, completing the driven development model — assuming demand Internet’s transformation to a commercial platform 19 1998: Google search engine born will naturally come. This has led to the digital 2000: Broadband introduced 20 exclusion of some in society. De Demand-driv iven 20 2002: Cloud technology begins with AWS launch init itia iatives need to be considered. 2004: Era of social media begins with Facebook 20 2005: YouTube launched 20 2007: The iPhone launched 20 Les esson #3 2011: Bitcoin becomes first widely accepted digital currency 20 20 2012: Google begins testing autonomous vehicles Technology should not be viewed as a tool to 2016: AlphaGo beats Go master 20 capture markets but an ena nabler of markets, 2019: 5G commercially deployed 20 innovation, and social development.

  4. What t are we tr tryin ing to achie ieve? “Don’t become set by your goalposts—but be clear on the playing field” Access to Cyber-/ Digital Basic Digital National Ethics Literacy Services Security Sustainable Digital Development Fair Data Competition Reduce Digital Privacy Policy Protectionism Interoperable International Network Digital Standards Neutrality Safety Economies

  5. What t do we need to get th there? “The rules of engagement” Engender multi-stakeholder , collaborative approaches towards market development and growth Develop new regulatory PRESENT FUTURE models within more holistic policy agenda setting Establish sandboxes , standards , and codes of conduct to guide innovation and development, and encourage interoperability

  6. When/how should we ta take th the next steps? “Mapping the future” Globa bal/Regional C Challenges i in the Next W Wave o of Development Pers rsis istent di digit ital Budget 2020 is evidence of government’s strong • literacy gap commitment to digital transformation wit within in the the co country, but lacking focus on inter-economy opportunities. Government should collaborate more with regio ional/ • Alig ignment of f ASE SEAN counterparts to promote growth of regional regulatory regim imes digital economy, for e.g. on use of international standards — to increase interoperability, create access to more markets etc. Su Sustainabil ility Continue investment into edu ducation and development of • a relevantly skilled workforce — should see this as a long- term rm fou foundational com commit itment to support expected Buil Bu ilding tru trust exponential advancement of technologies and its digital economy.

  7. Three Propositions The long-term trend will be towards valuation of the asset: Prop. 1 Data + what it enables New public-private models will emerge for joint development initiatives: Prop. 2 emerging around data access , sharing and use There will emerge a baseline set of digital economy and digital trade measurements: Prop. 3 based upon the use of data ( production of data, consumption of data) and trade in data

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