Shaping the Future of Technology Governance: IoT, Robotics and Smart Cities

Connected devices outnumber people worldwide. These devices, commonly known as the internet of things (IoT), come in many forms, from smart building technologies that monitor and manage energy usage to connected vehicles that help anticipate and avoid potential collisions. By 2025, the number of IoT devices is projected to exceed 40 billion, fuelled by continued technological advances and the plummeting costs of computing, storage and connectivity.

As IoT technologies continue to spread to all aspects of daily life, and even become embedded in the human body, questions about data ownership, accuracy and privacy protection take on greater importance. Similarly, in an interconnected world where electric grids, public infrastructure, vehicles, homes and workplaces are capable of being accessed and controlled remotely, the vulnerability to cyberattacks and the potential for these security breaches to cause serious harm are unprecedented.

Our Platform works with key players from the public and private sectors to accelerate the impact of IoT technologies, build trust in consumer IoT, unlock the shared value of IoT data, enable an inclusive roll-out of 5G and next-generation connectivity, and promote the responsible adoption of smart city technologies.

This news was previously published on: https://www.weforum.org/platforms/shaping-the-future-of-technology-governance-iot-robotics-and-smart-cities-a598a5ec27