Stelvio Partners Fusiones y Adquisiciones

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The Technological Singularity

In the technology world the concept of a ‘Singularity’ is generally defined as the moment in which theoretically the evolution of technology might escape the human control. This means that a moment could come, in which Artificial Intelligence, machine intelligence, could theoretically surpass human intelligence, which could have unpredictable consequences. Some believe that this could happen between the years 2030 and 2050, although important progress is being achieved.

The global number of intelligent personal mobile devices is currently estimated at close to 5 billion, which means about 60% of global population, although the total number of mobile connections is currently estimated at more than 15 billion. The number of current personal computers globally is believed to achieve some 2.5 billion. The number of global supercomputers has apparently surpassed 500.

However, still every year not only a huge number of all of these and other devices are built and sold, but they have also ever greater performances. The simultaneously concurrent continuous improvement of the performance of communications, as well as of data management architectures -in essence Cloud technologies- and the continuous improvement of the main data management tool, software, makes us strongly believe that global computing capability and complexity (global digitalization) will continue to accelerate in the next years.

This unstoppable evolution will force us all to face at least the two main risks and questions, which are related:

First, we have to face the issue of cybersecurity, i.e., the security in all our different forms of interaction with technology and communications. The increasing digitalization also significantly increases the possibilities for those who are always willing to find an illicit and immoral benefit with technology.

Second, we must answer the double ethical and moral questions of What shall the priorities be for the increasing decisions to be taken for us by machines and systems? and How do we manage the straddle between the benefit and the privacy of our data and the information we produce?

This evolution in the next months and years will force all countries, institutions, companies and persons to take important decisions about how we organize and manage technology.