The World Economic Forum (WEF) has announced the launch of the Connected Future Initiative, the latest among its efforts to promote what is known as Digital Public Infrastructure (DPI).
The global scheme, aiming to introduce digital IDs, digital payments, and data exchange platforms by 2030, counts the UN, the EU, and Bill Gates among its major supporters.
The WEF presents its new initiative as a way to establish the parameters for public-private cooperation, and “unlock the full potential of globally scaled, interoperable and future-ready digital public infrastructure.”
Those behind the initiative suggest their goal is to essentially strengthen DPI by incorporating technologies like extended reality (XR) and quantum computing, in addition to AI and biometrics, while pushing for global standards and DPI interoperability.
WEF also promises that the new initiative is supposed to secure “ethical and responsible” innovation, and lumps in issues like governance, data privacy concerns (as the second on the list), and equitable access while deploying “next-gen DPI.”
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