The COVID-19 pandemic surfaced the shortcomings of the world’s collective approach to data. Inability – and sometimes unwillingness – to share and use data to combat COVID-19 or to protect against predatory uses of data have negatively impacted society. A lack of trust combined with asymmetric economic interests are slowing progress.

Feb 1, 2022 · As an organizational form, data cooperatives empower individuals by giving them complete control over the quality and quantity of the data they share. Via such controls, data cooperative not only establish an ecosystem of trust but also complement the recent data-protection laws such as the GDPR in the European Union and the CCPA in the United ...

May 27, 2024 · Discussions highlighted the varied perspectives on data ownership or data rights, and the reluctance of some entities to share information, underscoring the need for a trust-enhancing culture. Strategies such as transparent data use policies, robust third-party verification systems, and demonstrating the tangible benefits of data sharing are ...

For many business leaders, collaboration equals data sharing. A research report by the European Commission on B2B data sharing cited fear of data privacy breaches as the main barrier to making data available to others, resulting in costly missed business opportunities. Indeed, collaboration is often associated with mistrust and concerns about ...

Jan 16, 2025 · While promising unprecedented innovation, GenAI (Generative AI) models are also resource-hungry. Data centres and data transmission networks are already responsible for 1% of energy-related greenhouse gas emissions. Data centre electricity usage is expected to double by 2026, and AI is set to generate a 160% increase in demand for data centre ...

Jun 25, 2023 · Share best practices and knowledge on quality management and data governance. Share access to new technologies, tools, and training, e.g., through digital platforms. IT service providers can offer tailored solutions for SMEs.

Sep 17, 2022 · Transparent recording and reporting of sustainable business data are key to achieving ESG metrics and climate goals. Companies across different industries cannot achieve these outcomes in isolation. Carbon data networks enable sharing of emissions data along with other sustainability data with suppliers and industry partners.

Jan 5, 2024 · With over 2.3 zettabytes of global health data, accessibility to the right data is crucial for innovations like artificial intelligence (AI). However, the siloed and highly regulated nature of health data poses challenges. Balancing data privacy while finding ways to share anonymized information is key to fostering innovation.

Dec 2, 2015 · The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is tied to no political, partisan …

May 4, 2023 · It predicts a 40% jump in the number of AI and machine learning specialists by 2027, a 30-35% rise in demand for roles such as data analysts and scientists or big data specialists, and a 31% increase in demand for information security analysts. This would add a combined 2.6 million jobs.