1. Analyse the probable impact of frontier technologies on developing countries.(250 words)
Why this question:
The article explains the fact that Frontier technologies are set to transform people’s lives, and developing nations must harness this revolution. But there is a danger that the gains will not reach the world’s poorest.
Key demand of the question:
One must provide for a detailed analysis of the probable impact of frontier technologies on developing countries.
Analyze – When asked to analyse, you have to examine methodically the structure or nature of the topic by separating it into component parts and present them as a whole in a summary.
Structure of the answer:
The rapid technological transformations that started from the Industrial Revolution to the digital revolution, have boosted economic performance, improved efficiency, accelerated the pace of globalization, and transformed human society in the process.
Explain that Frontier Technology or Industrial Revolution 4.0, the latest wave of disruptive technological change is fundamentally altering how goods, services and ideas are exchanged. However, the disruptive nature of technology is nothing new, and it offers promising new opportunities, while at the same time posing a challenge to policymaking.
Discuss in detail what are frontier technologies and their applications.
Explain the associated challenges in detail.
Specifically discuss the case with developing countries; The Pathways for Prosperity Commission on Technology and Inclusive Development has shown that developing countries can still harness the new wave of frontier technologies for the benefit of all.
Conclude with way forward.