GMIS 2019 delegates discussed the role of artificial intelligence in bridging investment and technology gaps and achieving the UN Sustainable Development Goals and considered the concept of ‘Investment Promotion 4.0’ at a special event organized by the United Nations Industrial Development Organization (UNIDO).
«Modern society faces an investment gap — a shortage of investments that aim to ensure technological innovation and develop infrastructure. The goal of the ‘Investment Promotion 4.0’ concept is to maximize the effect of using Industry 4.0 technologies, including artificial intelligence, as well as to encourage investment in developing nations in order to reduce the investment gap,» UNIDO Director General and Co-Chairman of the Global Manufacturing and Industrialisation Summit Li Yong said.
The session participants noted that developing nations will face more job losses as a result of modern technologies being used.
«Governments should actively implement new HR strategies and innovative programmes in the labour market as well as train and retrain staff so that they can provide the new services that are emerging in the modern world,» Head of ITPO UNIDO (Bahrain) Hashim Suleiman Hussein Mohamed said.
The discussion addressed the state’s role in promoting investments in technology projects as well as the feasibility of a tool for public-private partnership.
«Norilsk Nickel has launched an initiative to produce tokens that are supported by the volume of our products. This will enable us to reach a new class of investors. In this process, the state’s role is to create a regulatory framework that will allow for the development of this product,» said Andrey Bugrov, Senior Vice President and Deputy Chairman of the Board of Directors at MMC Norilsk Nickel and Vice President of INTERROS Holding Company.
