In a world of ever-increasing complexity, we believe that emerging technologies will help economic actors navigate fast and frequent changes in business and society. Such innovation will also help them seize the opportunities to generate the social and economic value that is being created by these changes.
These technologies have varied implications for different economic actors. Governments should take the lead and implement a comprehensive digital policy to drive technology adoption and socioeconomic progress. In partnership with Financial Institutions, Governments can leverage emerging technologies to drive financial inclusion and democratize economic opportunities, for instance by providing small businesses with access to finance. Governments can also further develop their country’s financial infrastructure to enable seamless commerce, underscoring how policymakers can help Corporates and Financial Institutions to realize the full potential of emerging technologies. Companies should seize this opportunity to commercialize innovations such as the Internet of Things (IoT), Robotics, 3D Printing, Artificial Intelligence etc., to improve their economic and social viability.
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