Fluxus CEO Fanyu Lin to serve on World Economic Forum’s Global Internet of Things Council

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Apr 8, 2020

 

 

Fluxus CEO Fanyu Lin will serve on the World Economic Forum’s Global Internet of Things (IoT) Council, to help steward the Forum’s effort in shaping the global agenda on IoT at a time of rising public interest in the technology’s social and economic implications.

“The rapid spread of coronavirus has shaken our businesses, our governments, and our societies. It has also underscored the critical role that technology and technology governance can – and must – play in strengthening our global resilience and readiness in times of crisis. 

Now, more than ever, we need global leaders from government, industry, the start-up community, civil society, and academia to come together to provide strategic guidance to the international community on governance and cooperation priorities for emerging technologies. There is currently no place in the international system where this kind of high-level, strategic dialogue on the governance of IoT across stakeholders and regions takes place on an ongoing basis.”

– Jeff S. Merritt, Head of Internet of Things, Robotics and Smart Cities, World Economic Forum

It is estimated by Cisco that IoT can inject $14 trillion of economic value to the global economy by 2030. According to the Council’s research, issues related to how the benefits of IoT will be distributed fairly in society are identified as the largest governance gap. The Council is driving collective actions towards reaching a global baseline consensus on governance across the IoT ecosystem to maximize the positive benefits and minimize harm economically, socially and environmentally, for all of society.

“From intelligent manufacturing to grid optimization to our connected homes, the incremental adoption of IoT in housing-related industries is not only paving ways for a smarter construction model to occur, but also pushing the boundaries of what a smart home can mean for communities from the bottom of the pyramid across the economic spectrum.” – Fanyu Lin, CEO of Fluxus.

 

 

 

Articles authored by Martin Signer

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