United Nations Conference on Trade and Development Technology and Innovation Report 2021

United Nations Technology and Innovation Report 2021

Introduction

The United Nations Technology and Innovation Report 2021 examine the likelihood of frontier technologies widening existing inequalities and creating new ones. It also addresses the national and international policies, instruments and institutional reforms that are needed to create a more equal world of opportunity for all, leaving no one behind.

The report shows that frontier technologies already represent a $350 billion market, which could grow to $3.2 trillion by 2025. This offers great opportunities for those ready to catch this technological wave.

The Technology and Innovation Report 2021 urges all developing nations to prepare for a period of deep and rapid technological change that will profoundly affect markets and societies. All countries will need to pursue science, technology and innovation policies appropriate to their development stage and economic, social and environmental conditions. This requires strengthening and aligning Science, Technology and Innovation systems and industrial policies, building digital skills among students and the workforce, and closing digital divides.

Catching Technological Waves

The great divides between countries

Human development has been spurred by changes in technology. But so, has inequality. Today’s staggering inequalities began to appear with the industrial revolution. The pace of technological change is accelerating due to digitalization and frontier technologies. New technologies can have severe downsides if they outpace a society’s ability to adapt

Forging ahead at the Digital Frontiers

This report covers 11 frontier technologies:

  • AI
  • IOT
  • Big data
  • Blockchain
  • 3d Printing
  • Robotics
  • Drones
  • Gene editing
  • 5G
  • Nanotechnology
  • Solar Pv

As a group, these 11 technologies already represent a $350-billion market, which by 2025 could grow to over $3.2 trillion

Only a few countries currently create frontier technologies, but all countries need to prepare for them. To assess national capabilities to equitably use, adopt and adapt these technologies the Technology and Innovation report 2021 has developed a ‘readiness index.’ The index comprises five building blocks: ICT deployment, skills, R&D activity, industry activity and access to finance.

To view and download the complete report visit: https://patseer.com/2021/03/united-nations-technology-and-innovation-report-2021/