Fourth Industrial Revolution (4IR) technologies such as Artificial Intelligence (AI), Robotics, Machine Learning (ML), and Internet-of-Things (IoT) are transforming the way we live, work and organise our daily lives. However, the disruptive nature of these technological innovations, the rapid pace of the transformation, and the increased complexity and interdependence of today’s economies and societies, create difficulties in planning for and predicting the future.
The increasing digitalisation of global value chains also has significant implications for relations between policymakers and regulators, and the private sector, on the one hand, and between companies in different countries, on the other. Standards and regulatory systems are increasingly confronted with a situation in which they struggle to keep pace with the rate of innovation. In the same vein, policymakers have to perform a delicate balancing act between driving the rapid adoption of innovative technologies, while at the same time solving a number of legal, ethical, technical and safety-related issues. Companies, in particular suppliers in developing countries, may find it difficult to produce inputs that meet the increasingly high standards necessary for digitalised production.
In this increasingly connected world, it is of critical importance that we, as governments, companies, communities and global citizens, embrace the spirit of collaboration and international cooperation, steering policies and mobilising technologies in a way that reflects emerging best practice for the benefit of global economies and society as a whole, without stopping innovation or erecting unnecessary barriers to the private sector. Intelligent standard setting acts as an enabler by establishing certainty at all stages of the value chain and supporting the smooth integration of all actors, including those of developing countries and SMEs, and ultimately also contribute to the achievement of the Sustainable Development Goals (SDGs).
This session will bring together a panel of policymakers discussing not only the importance of international cooperation in developing sustainable, inclusive, forward-looking practices but also to provide a deeper understanding of the importance of global standards. Establishing reliable standards will help guide the use of advanced technologies in an age of rapid digital transformation.
Please be sure to register your interest in attending by completing the below form at your earliest availability. Space is limited and will be allocated on a first come, first served basis. You will receive a notification from our team confirming your place within two business days of submitting your registration.*
Please also be sure to allow yourself ample time to pass through security and and make your way to the South Dining Room, as it will be extremely busy. We suggest you plan to arrive at the South Dining Room by 12:45pm to avoid any delays.