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WEF founder invites PH to join technological collab center


The World Economic Forum founder invited the Philippines to be part of a center geared at working and sharing the newest technologies for economic development.
Courtesy: Presidential Communications Office

PH in global tech collab center

According to the Presidential Communications Office, WEF founder and executive chairman Prof. Klaus Schwab recently met with President Ferdinand Marcos Jr. in Davos, Switzerland.

Schwab then told Marcos that they will invite the Philippines to have a presence when the platform is inaugurated. This is technological collaboration center is seen to help countries develop economically.

When we inaugurate it, we will invite the Philippines to be amongst the first countries to have a… we call it a residence where you can showcase your investment opportunities in a much more effective manner compared to video conferencing because you bring people in the next of what’s happening, Schwab said.

He noted WEF now has several service centers working on the newest technologies like artificial intelligence.

And the idea is to share their own experience. It’s always in support of technology, Schwab said.

He cited India as an example where WEF looks at the application of the newest technologies to increase agricultural activity. The WEF also has a center in San Francisco that looks into crypto and blockchain.

The WEF head said there are currently a lot of discussions on the internet on three-dimensional, virtual interaction communities combined with artificial intelligence. This pushed WEF to develop a global collaboration platform.

So this will be the technology of the future which will be applied very much also in education, in healthcare, because you can have consultation, the WEF executive chairman explained.

Marcos said he would task the Department of Information and Communications Technology (DICT) to engage with the WEF.

The Philippine president is currently in Davos, Switzerland to attend the WEF’s annual event, where he showcased the Philippines’ economic achievements. He also highlighted his administration’s goals to help the Philippine economy in its recovery from the impact of the health crisis.

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