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Jakarta Post

Insight: Frontier technologies pathway for prosperity

  • Sri Mulyani Indrawati

    Finance Minister

Jakarta   /   Wed, October 9 2019   /  12:22 am

Rapid technological transformation is one of the defining factors in shaping the future of our economy — at the national, regional and global levels. Frontier technologies bring new opportunities, as well as wide-ranging impacts and policy implications. This transformation has affected economic performance, fostered production efficiency, revolutionized society and accelerated globalization. This trend is a key issue of our time and should spur renewed momentum for policy cooperation.The current wave of technological change is unique in terms of the breadth of its scope and the pace of change. It affects how goods, services and ideas are exchanged. The fast-declining costs of these technologies make them more affordable and accessible. Therefore they are radically transforming people’s lives and livelihoods. However, will the digital age benefit the world’s poorest people? With 3 b...