This article was published by The Future Society in Seminars & Summits, The AI Initiative on November 21, 2018

World Bank 2018 Annual Summit

Main insight

The shift is global, and is having a profound impact on people and the economy. E-commerce is poised to become a $6-trillion market by 2021.

Seminars & SummitsThe AI Initiative
November 21, 2018
2 min read

Nicolas Miailhe had the privilege of joining a panel on “disrupting development: digital platforms and innovation” organized by the World Bank during the plenary session of its 2018 Annual Summit in Bali, Indonesia.

The panel chaired by President Kim and Jack Ma was moderated by Karishma Vaswani (Correspondent, BBC Asia Business) brought together Heng Swee Keat (Singapore Finance Minister), Penny Mordaunt (UK Secretary of State for International Development), Nandan Nilekani (former Chairman of Infosys and Director of the Aadhar “Unique Identity Authority in India), and Mats Granryd (Director General of GSMA)

Online platforms are quickly transforming the way we conduct business, shop for everyday products, look for a job, catch up with friends, or access public services.

The shift is global and is having a profound impact on people and the economy. E-commerce is poised to become a $6-trillion market by 2021. More than 1/5 of the world’s population has an account on at least one social network. And many governments now have websites that allow individuals to file their taxes or register a company.

This could be a game-changer for developing countries. The expansion of digital platforms can spur economic growth through the emergence of entirely new business models, promote meaningful interaction between governments and citizens, and provide innovative solutions to complex development challenges.

So how can we make the most of these opportunities? And how can countries create the right conditions to support effective, secure, and inclusive digital platforms? Join our distinguished lineup of public and private leaders to discuss!