Digital Futures

Artificial intelligence (AI) is on a winning streak. In 2005, five teams successfully completed the DARPA Grand Challenge, a competition held by the U.S. Defense Advanced Research Projects Agency to spur development of autonomous vehicles.1 In 2011, IBM’s Watson system beat out two longtime human champions to win Jeopardy! In 2016, Google DeepMind’s AlphaGo system defeated the 18-time world-champion Go player. And thanks to Apple’s Siri, Microsoft’s Cortana, Google’s Google Assistant, and Amazon’s Alexa, consumers now have easy access to a variety of AI-powered virtual assistants to help manage their daily lives. The potential uses of AI to identify patterns, learn from experience, and find novel solutions to new challenges continue to grow as the technology advances. Moreover, AI is already having a major positive impact in many different sectors of the global economy and society. For example, humanitarian organizations are using intelligent chatbots to provide psychological support to Syrian refugees, and doctors are using AI to develop personalized treatments for cancer patients. Unfortunately, the benefits of AI, as well as its likely impact in the years ahead, are vastly underappreciated by policymakers and the public. Moreover, a contrary narrative—that AI raises grave concerns and warrants a precautionary regulatory approach to limit the damages it could cause—has gained prominence, even though it is both wrong and harmful to societal progress. To showcase the overwhelmingly positive impact of AI, this report provides a description of the major uses of AI as well as details on 70 real-world examples of how AI is already generating social and economic benefits. Policymakers should consider these benefits as they evaluate the steps they can take to support the development and adoption of AI.

Experts say the rise of artificial intelligence will make most people better off over the next decade, but many have concerns about how advances in AI will affect what it means to be human, to be productive and to exercise free will.
Digital life is augmenting human capacities and disrupting eons-old human activities. Code-driven systems have spread to more than half of the world’s inhabitants in ambient information and connectivity, offering previously unimagined opportunities and unprecedented threats. As emerging algorithm-driven artificial intelligence (AI) continues to spread, will people be better off than they are today?

Our Shared Digital Futures is a publication shaped by leaders from business, government, academia and civil society who collectively acknowledge the need for shared goals and coordinated action to shape an inclusive, sustainable, digital future. Facilitated by the World Economy Forum’s System Initiative on Digital Economy and Society, the paper reviews current status, offers an illustrative list of ongoing initiatives at global and local levels, and identifies developments to watch in at least six shared goals around universal internet access and adoption, digital transformation, digital identity, governance, cyber resilience, and data. It calls on global leaders and organisations to strengthen cooperation and to evolve shared platforms for shaping our digital future.
The publication seeks to serve as a conversation starter, as the world celebrates the milestone of more than half of the world’s population now connected to the internet, and while less than half of those already online trust that technology will make their lives better.

Technology in many ways is perfectly conceived to operate in the workplace, bringing an ability to operate around the clock at increasing levels of accuracy and productivity. Since the Industrial Revolution, machines have been the ideal colleague, performing some of the most mind-numbing tasks and freeing up human partners to do more interesting and productive things. However, in the near future, new digital technologies are set to take the next step, graduating from the factory floor to the boardroom and applying themselves to more complex, cognitive activities. Technologies such as artificial intelligence (AI) are a game changer for automation in the workplace. Like ambitious young go-getters, they promise to take on more responsibility and make better decisions, and the implications for workers, companies, and policy makers are significant and pressing.

2025 may seem like a long way off. The pressing issues of today necessarily preoccupy European leaderships. But consider this reality: youngsters who are 10 years old today (2009) will be entering the prime of life by 2025. Many millions of 10-year-olds in Europe and around the world are already “digital natives” – born and raised in a world of digital communications. Behind them will come wave upon wave of youngsters, particularly in today’s young emerging societies and economies, with increasing numbers growing up with ever-more powerful digital tools. Indeed, given current trends any distinction between “the digital world” and any other worlds will have become largely academic by 2025. Over the past 15 years digital communications have already transformed the way ever-increasing numbers of us behave individually and collectively in our working and social lives. But this is just the beginning as the pace of change itself accelerates.

While enormous resources are being spent on digital transformation programs by the private sector, the results are underwhelming. According to estimates, this year over $1.2 trillion will be spent by companies worldwide on their digital transformation efforts and yet analysis suggests that only 1% of these efforts will actually achieve or exceed their expectations. The Digital Enterprise: Moving from experimentation to transformation is a practical guide on how to envision, structure, and sequence successful digital transformation efforts. It is an effort by the World Economic Forum, in collaboration with Bain & Company, to help senior executives avoid common patterns of failure and ask the right questions.

Digital skills are vital for individuals and national economies to prosper in a rapidly-changing world, benefiting from the opportunities of digital and remaining resilient to potential risks. More than 90 per cent of jobs in some categories now demand digital skills. Yet in 2016, just 56 per cent of Europeans had adequate digital skills for the world they live in, and 37 per cent of the workforce lacked adequate digital skills. In this project we examined the development and approach of Grow with Google, a project which operates through national programmes matched closely to the contexts and needs of individual countries, in six case study countries (Sweden, Germany, France, Spain, Italy and Nigeria) in order to identify key themes and learning to support ongoing good practice in growing a digital skills ecosystem.

Digital technologies have opened up ways of discovering the world, creating an unprecedented access to knowledge and information. Fostering vast communication and connection opportunities, they came with the promise of furthering free and open democratic deliberation. And they have initially delivered: facilitating freedom of expression, enabling easier and faster access to information and greater transparency, boosting media diversity, and creating broader opportunities for civic engagement and political participation. Social media in particular now allow for unparalleled connectivity of a truly interactive nature. They help people stay in touch with friends and family, and find people who share the same passions, interests or beliefs across borders, facilitating new groups and communities of interest to form and grow.

Although there is little argument about the fact that climate change and the digitalisation of the economy are the two main trends that will matter most over the coming decades, to date they have predominantly been considered separately rather than together. The first step towards shaping our future is being able to think about it, however, and the compartmentalisation of research efforts (climate change on the one hand and digitalisation on the other) is unhelpful in this respect. Yet cross-cutting investigations present a challenge since the academic communities and social dynamics underlying both fields of research are entirely distinct. The aim of this Foresight Brief is therefore merely to initiate a debate by analysing the different versions of these two narratives. The author then examines the potential interrelation and ranking of these narratives and explores the emergence of digital and green capitalism and its consequences. The publication concludes by proposing a scenario involving a two-step approach to change.