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OECD Digital Economy Outlook 2024 (Volume 1)

Embracing the Technology Frontier

image of OECD Digital Economy Outlook 2024 (Volume 1)

The OECD Digital Economy Outlook 2024, Volume 1: Embracing the Technology Frontier provides new insights on key technologies that underpin the digital technology ecosystem and their impacts. Using big data and machine-learning techniques, Volume 1 provides new estimates of the growth rate of the ecosystem’s core – the information and communications technology (ICT) sector. It then looks toward the technology frontier with perspectives on the future of artificial intelligence (AI) and how it can be shaped into a positive force. Volume 1 also analyses how people, firms and governments are adopting digital technologies, offering insights into the scale and scope of digital divides and how to boost equal opportunity and inclusion. To that end, it looks at the critical need for next generation wireless networks to provide unlimited connectivity everywhere. Moving beyond the hype of immersive technologies, Volume 1 examines the proven ability of virtual reality (VR) to scale, while identifying its opportunities and risks. Finally, it shines a spotlight on mental health in digital environments, including those most at risk.

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The future of artificial intelligence

The artificial intelligence (AI) landscape has evolved significantly since 1950 when Alan Turing first posed the question of whether machines can think. Today, AI is transforming societies and economies. It promises to generate productivity gains, improve well-being and help address global challenges, such as climate change, resource scarcity and health crises. Yet, the global adoption of AI raises questions related to trust, fairness, privacy, safety and accountability, among others. Advanced AI is prompting reflection on the future of work, leisure and society. This chapter examines current and expected AI technological developments, reflects on the opportunities and risks foresight experts anticipate, and provides a snapshot of how countries are implementing the OECD AI Principles. In so doing, it helps build a shared understanding of key opportunities and risks to ensure AI is trustworthy and used to benefit humanity and the planet.

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