“Technology is neither good nor bad; nor is it neutral”. Melvin Kranzberg leading theorist of technology.
Hyperconnectivity and the World Economic Forum
Digital hyperconnectivity impacts every region and industry sector. Through the World Economic Forum’s global, regional and industry activities, the organization is well placed to bring together different voices across the sectors and communities to reach a holistic and integrated picture of our changing world. The Hyperconnected World is a cross-community platform that integrates this work across the Forum to help pool insights, resources and participants. The purpose is to provide a collective view that will help all stakeholders grasp the nature of such a hyperconnected world and choices they are faced with.
Opportunities of hyperconnectivity
Digitization creates an enormous potential for a smarter and more sustainable society; to exponentially increase knowledge and reduce errors and waste through increased efficiency and automation. Increased opportunities for communication and collaboration can unleash human creativity and ingenuity and then scale these innovations through technology. Societies can also significantly benefit through increased freedom and more transparent conduct of all actors.
Challenges of hyperconnectivity
There are some major risks associated with hyperconnectivity. Hyperconnectivity could exacerbate inequality in the world, both through differing access to digital technology as well as rapid changes in skills required to survive and thrive. Hyperconnectivity is also creating a new level of security risks, from accidents and “flash crashes” to cyberterrorism and increased surveillance. Digital technology has the potential to lead to a world in which individuals face data and decision overload, and a marked change in the very nature of human social relationships. Perhaps the biggest risk is getting hyperconnectivity wrong and ending up with inadequate solutions for the future.
It links the following active World Economic Forum projects:
- Shaping Norms and Values in Digital Media
- Delivering on Digital Infrastructure
- Connected World (Mobility)
- Partnering for Cyber Resilience (PCR)
- Rethinking Personal Data
Reach out to your Forum contact to discuss future opportunities:
Darko Lovric, Associate Director, Hyperconnected World firstname.lastname@example.org