Life has changed almost beyond recognition in the last few decades. Artificial intelligence (AI) has substituted entire job fields intelligent software can now review legal documents, a job which was previously only carried out by lawyers. Machine learning means technical systems can pull together entire libraries of information in a single handheld device. Virtual spaces now exist where people from all over the world can share, connect and chat instantly.
In 2019, its clear that digital innovations will continue to change society and the economy, but its uncertain whether these new technologies will benefit the global transformation to sustainability. Will digital technologies allow everyone to live in a world where their development isnt dependent on exhausting finite resources and increasing emissions?
There is certainly reason to be optimistic. Digital technologies can make energy and resource use more efficient. By analysing the optimal amount of water each crop needs and by using a smart irrigation system accordingly, farming can become infinitely more efficient. Digital systems can assess the optimal use of vehicles too. Instead of one person owning one car which is only used for an hour each day and then sits parked for the rest of the day, several people can share one electric car, reducing the number of vehicles needed overall.
For the first time, digital technologies can comprehensively trace, document, and analyse each resource and product as it flows across global supply chains. This could create circular economies, in which resources such as water and rare Earth metals arrive where theyre needed and waste such as plastic rubbish doesnt escape to pollute the environment.
Digital monitoring can help scientists to better understand how ecosystems around the world such as forests, reefs and glaciers are changing in real time. This can help conservationists understand how to protect and restore the environment, while ensuring that governments and private companies are held accountable for their public commitments to preserve natural habitats. The Global Forest Watch already does this its an open-source web system that uses satellite data to monitor forests and their destruction.
But so far, this potential hasnt been harnessed to make the global economy greener. Instead, theres been an explosion in high energy computing centres, which are needed to sustain the expanding internet, its social media platforms and big data analysis. By 2022, global data flows will have more than tripled since 2017. As long as fossil fuels dominate the global energy mix, expanding these computing centres will accelerate climate change.
Solutions to global problems like climate change and the instability of financial markets need the cooperation of all countries. But a knowledge divide between the global north which could secure access to sophisticated digital infrastructure with its wealth and the global south would hold worldwide solutions back.
The digital revolution is transforming societies just as the printing press and the steam engine triggered new eras of human civilisation. But without using these digital disruptions to make the global economy more sustainable, the powerful tools of the digital revolution will just multiply existing problems.
AI systems can substitute a major part of a well qualified work force, but without policies in place to support workers to retrain or enjoy the benefits of working less, unemployment and poverty could skyrocket. Meanwhile, authoritarian regimes already use digital monitoring to control their citizens and influence their behaviour.
World leaders need to ensure public administrations are up to speed to effectively and ethically govern these digital disruptions. Most governments around the world currently lack expertise on AI, machine learning, and virtual reality many bureaucracies are still paper-based. Governments are struggling to adapt to the new realities, which pose important questions about data privacy laws and the need and desire to increasingly benefit from digital systems.
Read more: Tech companies collect our data every day, but even the biggest datasets can't solve social issues
Governments need to ramp up investments in digital infrastructure, channelling it towards making everything about the modern world sustainable. They need to ensure that everyone can profit from the new opportunities of the digital age and that no one is left behind. This includes investing in broadband networks and expanding education for the next generation of digital engineers.
Combining AI, big data analysis, genome research and developments in cognitive sciences opens the door to a completely new world. In many ways, the pace of the digital revolution can redefine what it means to be human, enhancing our physical, psychological, and cognitive capabilities.
The digital era is the new reality whether people like it or not. The world stands at a crossroads its in all humankinds interest to take the pathway towards sustainability. Digital technology can take us there better and faster than ever before if we steer it in the right direction.
See the article here:
- Recruitment - Wikipedia - January 27th, 2017 [January 27th, 2017]
- Resource-based economy and pay-it-forward | The Moneyless ... - January 30th, 2017 [January 30th, 2017]
- A Resource Based Economy - worldsocialism.org - January 30th, 2017 [January 30th, 2017]
- Trump's Flawed Logic Regarding US-Mexico Relations - Fair Observer - February 7th, 2017 [February 7th, 2017]
- Economic freedom achievable through knowledge based economy, innovative technical skill development - President - Asian Tribune - February 7th, 2017 [February 7th, 2017]
- Younger generation inheritors of knowledge-based economy: President - Lanka Business Online - February 7th, 2017 [February 7th, 2017]
- Morguard - 2017 Real Estate Investment Trends to Watch in Canada - Canada NewsWire (press release) - February 7th, 2017 [February 7th, 2017]
- Ask Yourself These Two Questions About America's Economic Future - Fortune - February 8th, 2017 [February 8th, 2017]
- The Informal Economy and Decent Work: A Policy Resource ... - February 8th, 2017 [February 8th, 2017]
- Thunder Bay's population experiencing low growth - Tbnewswatch.com - February 9th, 2017 [February 9th, 2017]
- Substantial investment in agriculture needed to ensure enough food for all - Daily Nation - February 9th, 2017 [February 9th, 2017]
- Can Russia project power while battered by economic woes? - Asia Times - February 9th, 2017 [February 9th, 2017]
- When will Russia finally break its 'resource curse'? - Russia Direct - February 10th, 2017 [February 10th, 2017]
- TEA & TWO SLICES | On Giant Snow Penises And Christy Clark's Shudder-Worthy Interview - Scout Magazine (blog) - February 10th, 2017 [February 10th, 2017]
- Can Russia project power while battered by economic woes ... - MENAFN.COM - February 11th, 2017 [February 11th, 2017]
- Siemens backs Qatar''s economic ambitions with innovation - MENAFN.COM - February 12th, 2017 [February 12th, 2017]
- The 'Dutch disease' reexamined: Resource booms can benefit the wider economy - USAPP American Politics and Policy (blog) - February 13th, 2017 [February 13th, 2017]
- Charles Lawton: Here's a proposal to create real equality of job opportunity - Press Herald - February 14th, 2017 [February 14th, 2017]
- India can't write-off coal-based energy so soon: World Coal Association - Economic Times - February 14th, 2017 [February 14th, 2017]
- The pathologies of redistributive resource transfers - Livemint - February 15th, 2017 [February 15th, 2017]
- Jessica Wright: Well-managed farmland benefits community, watershed - Conway Daily Sun - February 15th, 2017 [February 15th, 2017]
- Evaluate FLSA for its Ability to Keep Pace with Today's Workplace, SHRM Tells House Subcommittee - SHRM - February 16th, 2017 [February 16th, 2017]
- Officials hope fiber optic expansion helps diversify Decatur's economy - The Decatur Daily - February 16th, 2017 [February 16th, 2017]
- 10th Biennial Nehalem Bay Estuary Cleanup set - Tillamook Headlight-Herald - February 16th, 2017 [February 16th, 2017]
- Howard gives Barnett a hand on hustings - The West Australian - February 18th, 2017 [February 18th, 2017]
- EDITORIAL COMMENT: Let's celebrate President's birthday with ... - Chronicle - February 20th, 2017 [February 20th, 2017]
- Kentucky Main Street Program Communities Contributed $110M to State Economy in 2016 - WMKY - February 20th, 2017 [February 20th, 2017]
- GM, Steelcase see a web of opportunity in the circular economy - GreenBiz - February 21st, 2017 [February 21st, 2017]
- The sputtering energy economy: Can it be revved up? - Meridian Star - February 21st, 2017 [February 21st, 2017]
- The difference between Malcolm Turnbull and Justin Trudeau - The Australian Financial Review - February 21st, 2017 [February 21st, 2017]
- In the Face of a Trump Environmental Rollback, California Stands in ... - Yale Environment 360 - February 22nd, 2017 [February 22nd, 2017]
- Report: Boundary Waters nets $77 million from summer visitors - Duluth News Tribune - February 22nd, 2017 [February 22nd, 2017]
- DENIM SPIRIT: An economy based on abundance - Finger Lakes Times - February 23rd, 2017 [February 23rd, 2017]
- HR International to hold confab on African economy - Guardian - February 24th, 2017 [February 24th, 2017]
- Event promotes innovation and technology expansion - News - Castlegar News - February 24th, 2017 [February 24th, 2017]
- The Venus Project Plans to Bring Humanity to the Next Stage of Social Evolution. Here's How. - Futurism - February 24th, 2017 [February 24th, 2017]
- Best returns since 1900? Resource based countries, including ... - Financial Post - February 24th, 2017 [February 24th, 2017]
- Economic growth projected for Saskatchewan in 2017 | Regina ... - Regina Leader-Post - February 24th, 2017 [February 24th, 2017]
- Energy as a Model for US-Mexico Economic Partnership - RealClearEnergy - February 24th, 2017 [February 24th, 2017]
- Science and Technology: Minister says FG will harness natural ... - Pulse Nigeria - February 24th, 2017 [February 24th, 2017]
- Montana Jobs Not Well Positioned - Big Sky Business Journal - Big Sky Business Journal - February 25th, 2017 [February 25th, 2017]
- The future of WA's economy: Life beyond mining - WAtoday - February 27th, 2017 [February 27th, 2017]
- Verdant Zeal set to celebrate decade of providing media solutions - Guardian - February 28th, 2017 [February 28th, 2017]
- Lessons from Canada's scientific resistance - Bulletin of the Atomic Scientists - February 28th, 2017 [February 28th, 2017]
- St Ann can do better Earl Jarrett - Jamaica Gleaner - February 28th, 2017 [February 28th, 2017]
- Firm canvasses technology strategy - The Nation Newspaper - March 3rd, 2017 [March 3rd, 2017]
- Mandryk: Next Saskatchewan boom needs to be from our heritage fund - Regina Leader-Post - March 3rd, 2017 [March 3rd, 2017]
- Bank of Canada channels Al Gore - Toronto Sun - March 3rd, 2017 [March 3rd, 2017]
- Australia's economy has been growing for 25 years straight Quartz - Quartz - March 4th, 2017 [March 4th, 2017]
- The Venus Project envisions a sustainable redesign of our cities and civilization - Inhabitat - March 4th, 2017 [March 4th, 2017]
- State's high-tech hits $1 billion economic milestone - Daily Inter Lake - March 7th, 2017 [March 7th, 2017]
- The startup economy - Canadian Lawyer Magazine - March 7th, 2017 [March 7th, 2017]
- Nehalem Bay Estuary Cleanup - North Coast Citizen - March 7th, 2017 [March 7th, 2017]
- Pipelines to be a 'fundamental' issue for NDP leadership race: Julian - Hill Times (subscription) - March 8th, 2017 [March 8th, 2017]
- Prime Minister Trudeau, no fan of the middle class - Hill Times (subscription) - March 8th, 2017 [March 8th, 2017]
- Finally, Democrats Have A Pro Wrestler In Their Corner - Huffington Post - March 9th, 2017 [March 9th, 2017]
- WA election: Labor outlines campaign costings and debt reduction plan - ABC Online - March 9th, 2017 [March 9th, 2017]
- WA election: Death threats, One Nation legal action, stadium stoush campaign trail action - ABC Online - March 9th, 2017 [March 9th, 2017]
- Russia, Israeli firm agree to invest $100 mln in Russia's dairy industry - Reuters - March 10th, 2017 [March 10th, 2017]
- Maine deserves a chance to capitalize on the North Woods monument - Bangor Daily News - March 10th, 2017 [March 10th, 2017]
- MAN, RMRDC, others to promote resource-based MSMEs,funding - The Nation Newspaper - March 10th, 2017 [March 10th, 2017]
- Jobs, education focus of Gov. Brown's Prineville visit - KTVZ - KTVZ - March 10th, 2017 [March 10th, 2017]
- HIKE NETARTS BAYOCEAN SPIT - North Coast Citizen - March 11th, 2017 [March 11th, 2017]
- Jobs versus or for the environment? - Budgeeter News - March 11th, 2017 [March 11th, 2017]
- Canada Invests $325 Million in the Fish and Seafood Sector - Yahoo Finance - March 11th, 2017 [March 11th, 2017]
- We are taking steps to overhaul economy through knowledge-based ... - TheNewsGuru (satire) (press release) (blog) - March 11th, 2017 [March 11th, 2017]
- Canada Invests $325 Million in the Fish and Seafood Sector - Marketwired (press release) - March 12th, 2017 [March 12th, 2017]
- Saskatchewan gender, immigrant wage gaps among widest in Canada - Saskatoon StarPhoenix - April 8th, 2017 [April 8th, 2017]
- Week in Film: Endless LOLs, an Acid Western, and Great Advice ... - Bedford + Bowery - April 8th, 2017 [April 8th, 2017]
- Famous fish the focus of 'steelhead ecology' hike - Tillamook Headlight-Herald - April 8th, 2017 [April 8th, 2017]
- 'Explore Nature' sets Cape Lookout hike - Tillamook Headlight-Herald - April 8th, 2017 [April 8th, 2017]
- Califonria Lawmakers approve billion dollar gas tax | KBAK - Bakersfield Now - April 8th, 2017 [April 8th, 2017]
- Globe editorial: On pipelines, Ottawa must have the final say - The ... - The Globe and Mail - June 6th, 2017 [June 6th, 2017]
- Politics biggest determinant of economic future, says Page - Tbnewswatch.com - June 6th, 2017 [June 6th, 2017]
- Our Turn: Pass SB 129, save 900 New Hampshire jobs - Concord Monitor - June 6th, 2017 [June 6th, 2017]
- We'll Always Have Paris: Trump's Impact On The Climate Agreement - HuffPost - June 6th, 2017 [June 6th, 2017]
- A strategy that will make Canadian innovation flourish - The Globe and Mail - June 6th, 2017 [June 6th, 2017]
- Ocean Conference Side Events Highlight Cooperation on SDG 14 ... - IISD Reporting Services - June 7th, 2017 [June 7th, 2017]
- We must tap 'blue economy' for progress - Daily Nation - June 8th, 2017 [June 8th, 2017]
- Minnesota Power Proposes Next Step in EnergyForward Plan - POWER magazine - June 9th, 2017 [June 9th, 2017]