dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Social Links
  • zedreviews.com
  • citi.io
  • aster.cloud
  • liwaiwai.com
  • guzz.co.uk
  • atinatin.com
0 Likes
0 Followers
0 Subscribers
dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
  • Cities
  • Technology

Unlocking Technology For The Global Goals

  • January 22, 2020
Total
0
Shares
0
0
0

Existing Fourth Industrial Revolution (4IR) innovations have the potential to accelerate the attainment of 10 out of the 17 Sustainable Development Goals (SDG) adopted by the United Nations (UN) General Assembly. This is according to a recently published World Economic Forum (WEF) white paper, Unlocking Technology for the Global Goals.

WEF also reports that 70% of the 169 SDG targets are supported directly by 4IR innovations. This emphasizes the dent that the 4IR technologies can make with respect to our attainment of global goals once they are fully developed.

Gateway to transformation

Upon the study of over 300 technology applications, WEF was able to pinpoint the transformative characteristics that are enabled by the Fourth Industrial Revolution. Some of these include:

  •  increasing the productivity of systems
  • enabling transparency and stakeholder
  • accountability
  • aiding the shift to decentralized systems;
  • supporting new models to unlock finance
  • Accelerating discovery from new insights to new materials.

Barriers to growth

These transformative traits are of course desirable.  Intuitively, we would want to develop 4IR innovations further in order to attain these traits. However, there are also obstacles along that we must first overcome in order to make our world suitable for accelerated growth:

  • poor data access and quality
  • lack of basic infrastructure
  • inadequate governance and policy environment
  • upskilling and reskilling needs
  • a lack of viable business models and commercial incentives for scaling

A need for an enabling environment

Apart from addressing these issues, we must also create an enabling environment that will continually accelerate innovation and encourage investment to these new innovations. At the same time, WEF also notes that there is a need for the establishment of a viable market that will accommodate the innovations being deployed. With this, WEF identifies a set of enablers that we must also consider:

  1. Responsible technology governance
  2. Leadership to mobilize commitment and standards
  3. Partnerships for collaboration and collective action
  4. Public policy and regulation for 4IR
  5. Finance mechanisms to stimulate market solutions
  6. Collaborative R&D agendas in order to highlight problems, efficiently handle innovation finance as well as talent.
  7. Democratization of data and tools
  8. Heightened upskilling and reskilling efforts

Call to action

With all of these laid down, we can clearly see that there are a lot of things that we must  do in order to attain the SDGs that we have set. Embracing the innovations brought by the Fourth Industrial Revolution is one way we can catalyze growth.

In the midst of all these developments, there is a need for business and government leaders who are willing to deliver. We need leaders who can commit themselves in establishing technology frameworks that are strong but at the same time responsible.

While we need policies that will encourage innovation, we also need to make sure that the stakeholders are taken into account every step of the way.

WEF specifically pointed out that  policies should be able to drive:

  •  fit-for-purpose policy and regulation
  •  upskilling and reskilling
  • Financing
  • data commons efforts
  • directed R&D
  • labour-market reforms

Needless to say, encouraging growth in 4IR tech is not the only way for us to attain our global goals. However, it is undeniable that doing so will yield a significant contribution.

Total
0
Shares
Share
Tweet
Share
Share
Related Topics
  • Fourth Industrial Revolution
  • Policies
  • SDGs
  • Sustainable Development Goals
dotlah.com

Previous Article
  • Lah!
  • Technology

Singapore And World Economic Forum Driving AI Adoption And Innovation

  • January 22, 2020
View Post
Next Article
  • Cities
  • Technology

A Better Daily Commute Is Possible – Just Ask Residents In These Cities

  • January 23, 2020
View Post
You May Also Like
View Post
  • Technology

Malaysia’s ‘ASEAN Shenzhen’ needs some significant legal reform to take off — here’s how

  • dotlah.com
  • August 25, 2025
View Post
  • Gears
  • Technology

Samsung Electronics Debuts Odyssey G7 Monitors, Showcasing Top Games on Its Displays at Gamescom 2025

  • Dean Marc
  • August 20, 2025
View Post
  • Artificial Intelligence
  • Technology

Thoughts on America’s AI Action Plan

  • Dean Marc
  • July 24, 2025
View Post
  • Technology

ESWIN Computing launches the EBC77 Series Single Board Computer with Ubuntu

  • dotlah.com
  • July 17, 2025
View Post
  • Gears
  • Technology

Samsung Galaxy Z Fold7: Raising the Bar for Smartphones

  • Dean Marc
  • July 9, 2025
View Post
  • Cities
  • Technology

Meralco PowerGen’s PacificLight starts up 100 MW fast-response plant in Singapore

  • dotlah.com
  • June 20, 2025
View Post
  • Technology

Apple services deliver powerful features and intelligent updates to users this autumn

  • Dean Marc
  • June 12, 2025
View Post
  • Artificial Intelligence
  • Machine Learning
  • Technology

Apple supercharges its tools and technologies for developers to foster creativity, innovation, and design

  • Dean Marc
  • June 11, 2025


Trending
  • 1
    • Lah!
    NTUC FairPrice Will Not Draw On National Stockpile Of Face Masks; Working To Secure New Supplies
    • February 1, 2020
  • 2
    • Technology
    Harvesting Clean Water From Moist Air
    • July 12, 2019
  • 3
    • Lah!
    4 Emerging Trends And Challenges For Renewable Energy In 2020
    • May 6, 2020
  • bikes-fabio-fistarol-Nnl2c0NFKwE-unsplash 4
    • Cities
    Zero Emissions Areas Tackle Multiple City Struggles: Why Aren’t They Everywhere?
    • September 22, 2021
  • 5
    • Technology
    NEA Call Tender For Virtual Reality Solutions To Enhance Training For NEA Enforcement Officers
    • February 12, 2020
  • 6
    • Lah!
    CapitaLand Staff Volunteers To Put In 6,000 Hours Towards Community Distribution Of Free Hand Sanitiser At 16 Malls In Singapore in support of Temasek Foundation’s Stay Prepared initiative
    • March 19, 2020
  • 7
    • Cities
    • Lah!
    Income Expands Coverage Of Electric Vehicles With New Usage-Based Motor Insurance Model
    • June 28, 2021
  • 8
    • Cities
    DBS Clinches Global Accolade For Innovation In Digital Banking
    • August 3, 2021
  • 9
    • Science
    • Technology
    Don’t Ban New Technologies – Experiment With Them Carefully
    • August 23, 2019
  • Unleashing creativity 10
    • Featured
    • People
    Unleashing Creativity In Environmental Global Political Economy. Part 1.
    • July 3, 2023
  • 11
    • Cities
    Life In A Big City When You Are A Student
    • March 25, 2020
  • 12
    • Business
    UOB Asset Management Launches Mobile Robo-adviser, UOBAM Invest, For Retail Investors To Invest In Personalised, Dynamic Portfolios With Ease
    • July 29, 2020
Trending
  • 1
    Malaysia’s ‘ASEAN Shenzhen’ needs some significant legal reform to take off — here’s how
    • August 25, 2025
  • French Fries 2
    Air Fryer: The One Cooking Appliance to Rule Them All – Best All-Around Picks in 2025
    • August 22, 2025
  • 3
    Samsung Electronics Debuts Odyssey G7 Monitors, Showcasing Top Games on Its Displays at Gamescom 2025
    • August 20, 2025
  • 4
    HP Cranks Up the Game with Smarter Systems, Cooler Builds, and Gear That Hits Different
    • August 14, 2025
  • 5
    New Trump tariffs: early modelling shows most economies lose – the US more than many
    • August 6, 2025
  • Scuba Diving 6
    Wetsuit or Drysuit? As always, it depends. This quick guide can help you choose.
    • August 2, 2025
  • 7
    Thoughts on America’s AI Action Plan
    • July 24, 2025
  • 8
    Introducing Surface Laptop 5G: Seamless connectivity, built for business
    • July 23, 2025
  • 9
    Press Start (Or Hit Enter)! Your Go-To Loadout for Streamers and Gamers.
    • July 19, 2025
  • 10
    ESWIN Computing launches the EBC77 Series Single Board Computer with Ubuntu
    • July 17, 2025
Social Links
dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Connecting Dots Across Asia's Tech and Urban Landscape

Input your search keywords and press Enter.