PNG, Taipei focus on technological advancements

Business

PAPUA New Guinea and Chinese Taipei will host the inaugural Digital Innovation Forum next week to spearhead talks on how technological advancements can be managed by businesses worldwide.
This will be co-chaired by the Apec business advisory councils (Abac) of both countries and will run from July 19-21 in Chinese Taipei.
An Abac PNG advertisement on the New York Times and British Broadcasting Commission said: “The digital economy is growing exponentially, continually evolving to creating a surge in disruptive business models in all industries throughout the world.
“It is estimated that artificial intelligence will eliminate 1.8 million jobs by 2020, but also create 2.3 million new ones.
“Block chain technology is adding whole new levels of security and protection to personal and sensitive information. “The Digital Innovation Forum is a unique and powerful convention bringing together key industry leaders in a cross-sector group of players from government and business for debate and conversation.”
ABAC PNG member Wayne Golding said the event was an ideal opportunity for PNG to create a legacy forum on an important global issue.