A recurrent theme at IGF 2022 is harnessing advanced digital technologies, such as artificial intelligence, blockchain, biotechnology and robotics, for the greater social good. These frontier technologies have the immense potential for driving the successful implementation of the Sustainable Development Goals. However, their misuse can threaten human rights, generate unemployment, and foster the spread of inequalities, especially for developing countries who lag behind in the application of these technologies. If harnessed effectively, advanced technologies can accelerate financial inclusion, prevent future pandemics, and help combat climate change. According to UNCTAD Technology and Innovation Report 2021, new technologies already represent a $350 billion market which could grow to $3.2 trillion by 2025. Advanced technologies can also allow for the reductions of 5% to 10% of greenhouse gas emissions. Delegates called for more capacity-building, greater multi-stakeholder engagement and the coherent development of policies that effectively harness the use of advanced technologies. The private sector was cited as a crucial partner as they are at the forefront of innovative technological advances.
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