Technological innovation is continuing to transform the world, with the potential to propel us all towards reaching the 2030 Sustainable Development Goals (SDGs) said the UN Secretary-General António Guterres on Friday, at the Saint Petersburg International Economic Forum in Russia.
But as much as it is a “vector of hope, it is also a source of fear”, that will cause massive disruption to labour markets as they adapt with an “enormous amount of jobs both created and destroyed by artificial intelligence”, added the UN chief.
Sharing the stage with Russian President Vladimir Putin, and Chinese President Xi Jingping, along with other national leaders, Mr. Guterres highlighted the publication this coming Monday of his High-Level Panel on Digital Cooperation, co-chaired by China’s Jack Ma, founder of the Ali Baba conglomerate, and Melinda Gates of the Gates Foundation; a leading former Microsoft executive, before she and her husband Bill devoted their energies fulltime to running the world’s largest philanthropic organization.
Their report will issue recommendations on the way forward for the so-called Fourth Industrial Revolution, with Panel members having spent months listening to input from industry, the private sector, governments, academia, civil society and inter-governmental organizations across the world. It was set up almost a year ago.
“We need a massive investment in education – but also a different kind of education” said Mr. Guterres in Saint Petersburg, “not just learning things, but learning how to learn, and learning across the lifetime. And we also need a new generation of safety nets, for effective social protection for the people negatively impacted.”
He noted other major risks, such as the “crippling impact of cyber-attacks, as well as the threats to privacy and violations of human rights. And the internet is simultaneously a remarkable vehicle for connecting people and a weapon for dividing them through hate speech”, he added, noting that still only half the world was even online.
“Our shared challenge is to reduce digital inequality, to build digital capacity and ensure that new technologies are on our side and are a force for good”.
Mr. Guterres told world leaders that “our shared duty…is to show that we care and that international cooperation can deliver”, noting this was the driver behind his UN reform agenda, a new disarmament agenda, strengthened counter-terrorism efforts and the forthcoming plan of action against hate speech.
Guterres underlines Russia’s ‘important role’
After meeting President Putin on Friday, the UN chief said the event in the historic Russian city was an “important opportunity” to address issues vital to the Organization “and in particular, in this Forum’s context, the Sustainable Development Goals and the possibility of a fair globalization.”
I would also like to underline the very important role that Russia plays in support of multilateralism and the UN – support that is even more important, in (the) difficult times we are living in”, he told reporters.
“As a founding member, permanent member of the Security Council, Russia is an absolutely indispensable actor in the international scene today if we want a more balanced world,” he concluded.
Cybersecurity: A Crucial Element of Socio-economic Stability and Prosperity
Cybersecurity has become a key safeguard to future socio-economic prosperity and stability as industries are transitioning towards data- and technology-driven business models and governments grapple with the implications of the Fourth Industrial Revolution. More than 80% believe that risk of cyberattacks will increase in the year ahead. With an estimated pricetag of $90 trillion worldwide, there is a rising imperative to safeguard individuals and businesses.
Under the theme Enabling Leadership for a Secure Digital Future, over 150 leaders and experts in the cybersecurity, policy, regulation and technology fields are meeting at the second annual World Economic Forum Annual Meeting on Cybersecurity in Geneva, Switzerland, to address three priorities: Strengthening global cooperation for digital trust and security, securing future digital networks and technology, and building skills and capabilities for the digital future.
Meeting participants include government representatives from G20 countries, civil society organizations and academia, and prominent cybersecurity leaders from companies representing a cross-section of industries in the private sector. Ten international organizations, 18 countries and over 20 specialized agencies are taking part.
“As the international organization for public-private cooperation, the World Economic Forum is leading a global effort to drive systemic change on the most pressing cybersecurity issues. We believe that this change will be most impactful if the private sector and the public sector work on solutions together,” said Alois Zwinggi, Head of the Centre for Cybersecurity.
Key sessions include preparing for future threats, how to secure smart cities, increasing security by replacing passwords and building cyber-resiliance. Leadership, governance and cooperation were key themes.
The Forum, as the International Organization for Public-Private Cooperation, is offering its Platform on Cybersecurity and Digital Trust to allow the participants to drive the cybersecurity agenda for the coming year, to share information on emerging cyber-threats, jointly assess the risks of emerging technologies and collaborate on urgent action to combat cybercrime.
Building Emerging Technology Governance Key to Realizing Saudi Arabia’s Vision 2030
Governments and companies around the world are investing heavily in emerging technologies to boost growth. The Middle East and North Africa region could see approximately $400 billion added to its economies over the next 15 years if artificial intelligence (AI) solutions are adopted. In Saudi Arabia alone, investment in AI is forecast to add 12.4% to GDP.
To help accelerate the development and implementation of emerging technologies while mitigating risks, the King Abdulaziz City for Science and Technology (KACST) today announced the launch of the Centre for the Fourth Industrial Revolution Saudi Arabia with the World Economic Forum.
As the latest Affiliate to join the World Economic Forum Centre for the Fourth Industrial Revolution Network, this new hub will benefit from the agile governance methodology designed in San Francisco and will apply it to pilot projects in the country. The Centre for the Fourth Industrial Revolution Saudi Arabia will be run and managed locally to help the country achieve its Vision 2030.
“To use the technologies of the Fourth Industrial Revolution such as AI and blockchain, and many others, for driving economic development and social progress, we need global cooperation,” said Klaus Schwab, Founder and Chairman of the World Economic Forum. “On the eve of its G20 presidency, we welcome the Kingdom of Saudi Arabia with the establishment of a new Centre for the Fourth Industrial Revolution in Riyadh, to shape those technologies in a way that serves society.”
In the region, Saudi Arabia has been undertaking large-scale digitalization efforts as part of its National Transformation plan and in the run-up to its G20 presidency. The commercial 5G roll out, recent establishment of the Saudi Authority for Data and Artificial Intelligence and the high percentage of mobile phone and internet use show that the country is taking steps towards shaping the trajectory of Fourth Industrial Revolution technologies.
The World Economic Forum Centre for the Fourth Industrial Revolution Network was founded in 2017 to accelerate the development of emerging technologies by bringing together a multistakeholder community to co-design agile governance policies. To facilitate this process, the Forum launched an Affiliate Centre programme in early 2019 to help countries develop national Fourth Industrial Revolution strategies and public-private initiatives.
Affiliate Centres tap into and share research across the Forum’s global network. The Centre for the Fourth Industrial Revolution Saudi Arabia will focus on the following emerging technology portfolio areas: artificial intelligence; blockchain; data policy; internet of things, smart cities and robotics; and mobility.
PwC rated as a Leader among European and Asia Pacific Cybersecurity Consulting Providers
PwC announced that it was cited as a Leader in in both The Forrester Wave™: Cybersecurity Consulting Services In Asia Pacific, Q4 2019 and The Forrester Wave™: European Cybersecurity Consulting Providers, Q4 2019.
In the APAC-focused report, Forrester stated that: “PwC shines with impressive IP-based consulting. PwC targets its impressive range of assets — like its value-at-risk offering and virtual-reality simulated cyber crisis environments — at boards and executives. It aims to use these assets to create a deeper understanding of and support for key security challenges among those stakeholders. PwC also has strong intellectual property (IP)-based consulting offerings for CISOs, such as its identity and access management automation and ethical hacking bot. PwC regularly engages regulators throughout Asia Pacific and provides thought leadership sessions to board institutions in the region, such as the Australian Institute of Board Directors.”
The APAC report goes on to say that: “PwC has a demonstrated ability to use its global strengths to adapt to agile ways of working. Reference clients were happy with the firm’s expertise, noted that PwC was a true partner and advisor across the region, and praised the firm’s positive internal culture.”
Paul O’Rourke, Asia-Pacific and Global Financial Services Cyber Leader, PwC said: “We are really pleased with this result. Our comprehensive cybersecurity solutions assist businesses with assessing, building and managing their cybersecurity capabilities and enabling effective incident response to a myriad of potential threats. With our successful track record across various domains of cybersecurity, we help our clients to strategically assess, design, implement, operate and improve cybersecurity programs from strategy through execution.”
Grant Waterfall, EMEA Cybersecurity and Privacy Leader, PwC said “PwC, and specifically each member of our teams that work with clients each day to build business and consumer trust through a more secure digital society, are extremely proud to receive this recognition from Forrester Research. Over the past year, cybersecurity has been elevated to Firm-wide platform at PwC, representing a formal commitment to our clients, markets, and employees, that cybersecurity will be top priority for how we serve each of them and grow our brand for the future.”
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