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United Nations 2045 Roundtable – Building A Trustworthy Economy

AI World Society (AIWS.net), the Boston Global Forum (BGF), and United Nations (UN) Academic Impact collaborate to organize the United Nations 2045 Roundtable. This is a content of the United Nations 2045 Initiative. Chief of United Nations Academic Impact and Editor-in-Chief of the UN Chronicle Ramu Damodaran will be the moderator of the roundtable. The content of UN Roundtable is an official content of UN Academic Impact and UN Chronicle Magazine; and will be posted on AIWS.net at AIWS Roundtable.

Guest speakers of UN 2045 Roundtable are leaders, distinguished thinkers, and thought leaders that will discuss new ideas, solutions, recommendations, and suggestions to shape a smart, effective, peaceful, and secure world in 2045. The first UN 2045 Roundtable is the UN Charter Day 2045 Roundtable June 26, 2020 with the topic “A New Social Contract in the Age of AI and Intellectual Society”.

On July 24 2020, the United Nations Academic Impact and the Boston Global Forum are very honored to invite Professor Alex Pentland from MIT as a distinguished speaker together with Mr. Ramu Damodaran as an esteemed moderator on the topic “Building A Trustworthy Economy”. Professor Alex Pentland, Faculty Founding Director of MIT Connection Science, Mentor of AI World Society Innovation Network (AIWS.net), and a co-author of the Social Contract 2020. He is one of the most-cited scientists in the world, and Forbes recently declared him one of the “7 most powerful data scientists in the world” along with Google founders and the Chief Technical Officer of the United States.

As we know, today’s financial systems are not trusted by citizens because they are inherently unstable and winner-take-all, so for most people the system offers only failure.  Today, new digital technologies allow the fine-grain feedback needed to build systems that are dramatically more stable, which reward everyone’s contribution to society, and provide everyone with a realistic opportunity to build a good life.

During the keynote presentation, Professor Alex Pentland presented a new term – “the Trustworthy Economy”, which is the new economy, based on data, digital technologies, and Artificial Intelligence (AI). Data becomes more important and is considered as a “new oil” in our current digital society, especially with the development of AI. Data is only valuable in aggregate, and the value depends on the context. However, it also requires data protection for privacy and data management for world society interests. Thus, Professor Alex initiated a new institution as Data Union for digital identity and ownership rights, audit and accountability and criminal system. Data Union could also monitor governments and companies, as well as support local collectives for leading social reform and innovation.

Following to keynote presentation, we have received well-rounded discussions from excellent panelists including Professor Alex Pentland (MIT), Ramu Damodaran (UN), Nguyen Anh Tuan (Co-founder AIWS.net), Bill Ottman (Co-Founder and CEO of Minds.com), Marc Rotenberg (Director of CAIDP, Michael Dukakis Institute), Anders Corr (Principal of Corr Analytics), Marcel Zutter (Chairman of Parsumo Invest), Allan Cytryn (Former CTO of Goldman Sachs), Anders Hjorth Agerskov (Lead Public Sector Specialist, World Bank), Barry Nolan (Senior Adviser to the US Congress), Jeff Saviano (Global Tax Innovation Leader of EY, MIT Connection Science Fellow), Lyndon Haviland (Chair of the Board of Directors for The CUNY Graduate School of Public Health and Health Policy Foundation), Quy Nguyen (a Member of Young Leaders, AIWS.net). During the roundtable, the panelists also shared the opinions and ideas on how to use and manage data for a good purpose because data is complicated and changing, so institution need to control and manage data such as GDPR for privacy data regulation, data audit for avoiding bias and misuse, as well as easy data transfer with the approval. This also requires a collaboration from citizen, corporation, as well as guidelines from government as well as united nation.

The event “Building A Trustworthy Economy” is a successful initiative on Trustworthy Economy and an important contribution for improving life outcomes and better society. The History of AI Initiative considers Trustworthy Economy a History of AI event also. This is very meaningful for the UN 2045 Initiative.