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5G technology will boost and drastically reform the producing operations, - says the Chairman of the BoD of Nokia Corporation Risto Siilasmaa

In his opinion that he shared during the session “The World under the Technological Revolution: how the 4.0 industry influences the global growth?” on the second day of the XII Astana Economic Forum, countries will start to apply the 5G in 2028.

“The traces of technologies can be seen everywhere except for the productivity statistics. Today’s technological and industrial revolutions happen not in a stable world, where the productivity grew before. Approximately 30% of the created economic value underwent the digitization. This cannot but impact the economies”, - believes R. Siilasmaa.

At the same time, he emphasizes, under the global digitization, the productivity grew by 7% only, and in fact the gain of productivity is just 7%. As the result the digitization of the economic world does not allow a universal introduction of new technologies. Therefore, Nokia Corporation believes that the 5G technology will become “the driver and the quite useful tool.” “Why namely the 5G can help us? It gives some advantages that did not exist before because it is much more radical. If we take an example of surgical operations done by means of computers, the 4G cannot provide the surgeons with the same that the 5G can. The quality of 5G, which we will use will be much higher”, - the Chairman of the Nokia BoD is sure.

According to the research conducted by the Corporation, the 5G will be used everywhere in 2028. These new technologies will substantially impact the growth of productivity in 5-10 years and “will substantially change the geography of the world”.

At the same time in the opinion of the professor of economy of the Columbian University, the founder of the global competitiveness index, Xavier Sala-i-Martin, the main factor of the global growth is the technologies however people will be sought-after by the companies.

“We are experiencing a new revolution. Because a lot of new technologies appeared – nanotechnologies, biotechnologies, artificial intellect. I will concentrate on the most radical - the artificial intellect. When we use this name we think of smart robots that will appear in the future. But these are not those robots, these are statistic tools that use algorithms and quite a lot of data to forecast. In fact the robots are not that intellectual. And some companies have announced already that they would not need the human resources and they will replace everything with robotic technology. This is not right because the human intellect is needed anyway, it will analyze and adequately assess the statistical data that the equipment will be intensively gathering”, - believes Sala-i-Martin.

 

 


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