Rebuilding after COVID: The challenge is digital

(Credit: Unsplash)

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum.

Author: Yousef Al-Ulyan, Vice-President, Information Technology, Saudi Aramco

• The challenges of disruptive technologies must be managed.

• Increased digitalization because of the pandemic has made this more pressing.

• Governments and business must work together in what could be a second ‘Bretton Woods’ moment for the world.

It is no understatement to say that the technologies of the Fourth Industrial Revolution are causing disruption. Artificial intelligence, blockchain, autonomous systems, robotic process automation, smart city technology and more, are all taking root worldwide – with largely beneficial results.

But disruption this is, and we are all too aware that there are also challenges presented by these emerging technologies. While change is positive, it has to be managed. The world needs more thinking on how to help advanced technology achieve its full potential, while preventing harm.

The four threat areas

There are four areas where international cooperation and forward-looking policies can help. The first – and one which particularly affects Aramco as a company – is cybersecurity. More data and more digital transformation also mean greater cybersecurity risk. This threat is as important as any physical threat. And many of its dimensions are cross-border in scope, needing greater and more effective international coordination and cooperation – and clear frameworks and laws that address data integrity and ownership.

The second is education and what’s known as “upskilling”: Our educational systems need to prepare our young people for the challenges and opportunities of the digital world, and we need to provide unskilled workers with the training and digital literacy they need so they can continue to make a positive contribution in their jobs. Better and more relevant education will be our best defense against the threat of structural unemployment brought about by digital disruption.

The third area concerns the broader social, financial, investment and international cooperation policies we need to address and mitigate the greater impact of high technology on lower income and repetitive jobs, which could potentially widen inequality. This is a trend that has been exposed by the COVID-19 pandemic and needs to be proactively addressed before it worsens social fragmentation.

In the fourth area, we need international collaboration to deepen our understanding of the social and ethical impacts of emerging technologies, particularly on the young.

“We need international collaboration to deepen our understanding of the social and ethical impacts of emerging technologies”

Shoring up the defences

On the first point, cybersecurity is a concern for all industries and services now, and Aramco has moved aggressively to strengthen its own defenses. The transformation was internal at first: We deployed cutting-edge cybersecurity systems, transformed security operations into intelligence-driven defense, included cybersecurity in key corporate committees, set up programmes to address internal and external threats, and greatly enhanced the skills and knowledge of our staff through specialized training and advanced academic programmes.

But we soon understood that we would only be as strong as our weakest link. This meant reaching out to our business ecosystem, including both national and international partners, with a supply-chain cybersecurity programme to eliminate cyber-risks originating from third parties.

“We soon understood that we would only be as strong as our weakest link”

We also established collaboration programmes with national and international cybersecurity institutions, universities and government agencies responsible for critical infrastructure. Locally, we established two cybersecurity chairs with leading universities to enhance cybersecurity education as well as research and development.

But we know that even greater collaboration and cooperation at a global level is needed to keep cybercrime at bay. In the meantime, we have also been working to build trustworthy multinational clouds to keep data safe, signing agreements with Cognite and Google that will position Saudi Arabia to be a regional hub and exporter of advanced cloud and digital transformation services and technologies.

Upskilling Saudi Arabia

Education is the second area where companies are playing a role, but where governments can make a much bigger impact in equipping people for the digital age. At Aramco, for example, our digital training programme, launched in 2019, has already reached 11,000 of our 70,000 employees, with the goal of upskilling 25,000 employees by 2025. We’ve also helped establish the National Information Technology Academy to train young Saudis in IT skills with a focus on 4IR technologies, and we are establishing the largest centre of excellence in the MENA region to host digital and cloud academies.

“Our digital training programme, launched in 2019, has already reached 11,000 of our 70,000 employees”

In terms of the third and fourth issues around broader social challenges, organizations such as the IMF, OECD and others understand that digitalization is fundamentally transforming the way we live and work; that this has consequences for the well-being and cohesion of societies; and that it is having a deep impact on businesses in all sectors, through effects on productivity, employment, skills, income distribution, trade and the environment.

The 21st-century Bretton Woods moment

Addressing the board of governors of the IMF in October, its managing director, Kristalina Georgieva, said the world faced “a new Bretton Woods moment”. The challenge of building a better world after COVID-19, she said, was tantamount to the task of rebuilding peace and prosperity after World War II, when the World Bank and IMF were created at a conference in Bretton Woods, New Hampshire, in the US. Harnessing the opportunities of digitalization, and overcoming its disruptive impact, are a big part of the present challenge. digital, COVID-19, EDISON Alliance

What is the Forum doing to close the digital gap?

COVID-19 has exposed digital inequities globally and exacerbated the digital divide. Nearly half of the world is still not online.

With more basic services moving online and the pandemic highlighting affordability challenges in wealthier nations, these deep digital gaps are exacerbating inequality and preventing the achievement of the UN Sustainable Development Goals (SDGs).

At The Davos Agenda, the World Economic Forum launched the EDISON Alliance, the first cross-sector alliance to accelerate digital inclusion and connect critical sectors of the economy.

The EDISON Alliance will prioritize digital inclusion as the platform of platforms for partners with a common purpose for achieving the SDGs. Its vision is to ensure that every person can affordably participate in the digital economy.

Companies are invited to join the EDISON Alliance – read about how in our Impact Story.

Our digital world needs this new Bretton Woods moment. We need governments and institutions to work together to promote policies that continue to foster digital innovation, while preventing harm. In this task, our leaders will find willing partners in the corporate sector.

the sting Milestones

Featured Stings

Can we feed everyone without unleashing disaster? Read on

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Stopping antimicrobial resistance would cost just USD 2 per person a year

5 challenges for government adoption of AI

A Sting Exclusive: “Sustainable development goals: what role for business?” Commissioner Mimica asks live from European Business Summit 2015

Christmas spending: Who can afford not to cut?

How teaching ‘future resilient’ skills can help workers adapt to automation

High-Level Forum on providing protection to Afghans at risk

How India is harnessing technology to lead the Fourth Industrial Revolution

It’s time to end the stigma around mental health in the workplace

Yes, together we can make a change! YO!Fest and EYE 2016

More urgency needed to help increasing numbers ‘locked out’, before 2030, says UN’s Bachelet

Climate change is forcing 20 million people a year from their homes, Oxfam says

COVID-19 has been a setback for women. Gender-responsive policies can stem the losses

Gig workers among the hardest hit by coronavirus pandemic

This Brooklyn farm company is training a new generation of urban farmers

Empathic AI could be the next stage in human evolution – if we get it right

UN chief urges emergency fund support as one of the ‘most effective investments’ in humanitarian action

LGBTQ+: The social evolution of a minority

EU job-search aid worth €9.9 million for 1,858 former Air France workers

Armed groups threaten every child in Central African Republic, UNICEF warns

Inegalitarian taxation on labour haunts Europe’s social model

Here’s how one business leader is tackling injustice: It starts with personal commitment

To my Chinese friend

UN agency warns conditions around Yemen’s key port city of Hudaydah still ‘very bad’, as staff rush to deliver aid

Commission launches debate on responding to the impact of an ageing population

Honeybees are transforming the lives of mangrove farmers in Viet Nam – here’s how

Migration crisis update: mutual actions and solidarity needed as anti-migrant policies thrive

India vs Virus: voices from the COVID front line

Coronavirus: 70% of the EU adult population fully vaccinated

Azeri natural gas will keep the EU warm soon

Black Lives Matter – for Pakistan’s Sheedi community too

Go early, go hard and keep it simple: how Senegal is staying ahead of the COVID-19 pandemic

Busting the myths about coronavirus

4 key steps to decommissioning coal-fired power plants

Coronavirus response: Team Europe supports Somalia with three EU Humanitarian Air Bridge flights

‘Huge’ stakes, ‘daunting’ job to tackle gender-based violence, UNICEF chief tells ground-breaking conference

We need tech solutions that value human interaction more than ever

European Commission adopts new tools for safe exchanges of personal data

Health Systems and Society: ways to reinforce the human power during the pandemic

Eight years after Fukushima, nuclear power is making a comeback

World Wildlife Day: UN chief urges ‘more caring’ relationship with nature

US – Russia bargain on Syria, Ukraine but EU kept out

How COVID-19 is driving a long-overdue revolution in education

Portugal: €4.66 million in aid for 1,460 dismissed workers and jobless young

‘A new chapter’ dawns for democracy in Guinea-Bissau: top UN official

Statement by Executive Vice-President Margrethe Vestager on the Commission’s proposal for a new Regulation to address distortions caused by foreign subsidies in the Single Market

5 surprising ways major cities are going green

The right approach to addressing overcapacity problem from a Chinese perspective

WEF Davos 2016 LIVE: “Chinese economy has great potential, resilience and ample space for policy adjustment”, China’s Vice President Li Yuanchao reassures from Davos

New neighbours: Could Venus really be home to alien life?

Remarks by Commissioner Virginijus Sinkevičius on the Zero Pollution Action Plan

Chart of the day: When do young Europeans leave home?

UN chief condemns attack targeting international forces in northern Mali

Emotional stability and the COVID-19 pandemic: is it possible to reconcile them?

Volkswagen scandal update: “We want clarity fast, but it is equally important to have the complete picture”, Commission’s spokesperson underscores from Brussels

Nordic noir: The unhappiness epidemic affecting young people in the world’s happiest countries

Climate change: cutting the good by the root?

Why the global trade of chemicals is key to COVID-19 recovery

What does the future of energy look like, how do we get there, and who will benefit?

Brexit: PM May must hush Boris Johnson to unlock the negotiations

Eurozone needs more than some decimals of growth

GSMA Reveals Global Partners for MWC21 Barelona

More Stings?

Speak your Mind Here

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: