Digital Future: What’s in Store for Us?
Digital technologies change all aspects of human life
The way we communicate changes. We barely talk to people next to us. We use phone to talk to people who are far away. So, it means communication will completely change — Ozcan Saritas, Editor-in-Chief, Foresight.
Russia’s seemingly most archaic and conventional economy segments – such as oil industry – are going through major change. For example, St. Petersburg has Gazpromneft’s digital transformation centre, where our colleagues are making increadible breakthroughs in making this segment digital and progressive — Vadim Kovalev, First Deputy Executive Director, Russian Managers Association.
Artificial intelligence is dramatically changing the whole financial segment. The areas where we apply artificial intelligence showcase improvement of at least 30%: it is either cost reduction or revenue increase; this is significant — Alexander Vedyakhin, First Deputy Chairman of the Executive Board, Sberbank.
Digitalization sets new challenges for the humanity
Cutting-edge digital technologies penetrate all aspects of a society’s life, even the ones where yesterday such technologies seemed unapplicable because they needed to earn trust. Digitalization provides breakthrough opportunities, but challenges are also string — Vadim Kovalev, First Deputy Executive Director, Russian Managers Association.
Digital technologies offer a new level of complexity, they penetrate all segments of the economy, all aspects of human life, that is why we get lots of new conditions that require a different toolset — Leonid Gokhberg, First Vice Rector, Director of the Institute for Statistical Studies and Economics of Knowledge, National Research University Higher School of Economics .
Digital inequality is a key challenge – or one of the key challenges – on the way to the digital economy that is now being widely discussed — Leonid Gokhberg, First Vice Rector, Director of the Institute for Statistical Studies and Economics of Knowledge, National Research University Higher School of Economics .
Mechanisms to attract investment in the digital segment need improvement
It is important that people spend on the digital economy just as much as business does. If we take a look at the government support mechanisms for the digital economy, they barely concern households – except for Internet availability – it means there are no instruments to attract private investment — Leonid Gokhberg, First Vice Rector, Director of the Institute for Statistical Studies and Economics of Knowledge, National Research University Higher School of Economics .
Permanent growth of data volume
One of the digital transformation aspects is information. Data volume is growing exponentially. Over the last year alone, we have created 90% of all data that exists in the world, while we use only 1% of it — Ozcan Saritas, Editor-in-Chief, Foresight.
Defining the new role of humans in this world
We have about 25 billion devices that by 2025 will communicate with each other, and in the future, there will be a system called Human-in-the-loop, i.e. humans will become part of this cycle. That is why we need to learn how to coexist with machines — Ozcan Saritas, Editor-in-Chief, Foresight.
The most important thing is that people will completely change their role in the world and in the economy. The groundwork for it is people getting their intellectual development informationally upgraded. We will basically become machines for creating something new — Roman Shpakov, Chief Executive Officer, JCS Finance Group QBF.
This is an exponential growth, a nonlinear one. So, in 20–30 years we will have a device smaller than a flash drive but with a higher capacity than a human brain. But it will be installed in our brain, so you will never lose it — José Luis Cordeiro, Director of the Millennium Project.
Aspiration for digitalization is of primary importance. If we have it, everything else is solvable — Vyacheslav Shulenin, Deputy Chairman of the Management Board, State Development Corporation "VEB.RF".
Nowadays, people have to go to work. Will they have to do it in the future, or will the work come to them? Will we have to go to shopping, or maybe shopping will get delivered to us? That is why we need a comprehensive solution for life. We need to think about they way we live, eat or communicate, etc. — Ozcan Saritas, Editor-in-Chief, Foresight.
The material was prepared by the Russian news agency TASS