Paul Stannard – The globalisation of Enabling technologies for a sustainable future. …

by Adrienne Lawler
April 14, 2019

I was in Davos last month speaking about the impact of Nanotechnology on the future of our Smart cities. This year the theme was globalisation 4.0, and I was really interested in hearing how technology will influence globalisation in the future and how it can solve some of the past issues of globalisation.

I heard many speakers and delegates during my visit and I have taken away these key points from my time at Davos this year.

One of the things I learnt this year was that there is a major shortfall in the funding required to make Smart Cities a reality across the world. At one of the sessions I attended, Phillip J. Weights an ambassador of Private Banking GmbH, eloquently explained that there is a $2 Trillion shortfall in funding for Smart Cities across the world, which means that a Smart living future is not realistic without more collaborative global thinking and funding. This means that with growing populations and a decline in government funding there is a disconnect that only new enabling technologies and accelerated funding can fill.

Another major topic of discussion was healthcare and how broke the systems, mechanisms and processes are for delivering the worlds healthcare systems. The ongoing talk of a more democratised global healthcare Eco system will only happen if we start addressing properly the use of big data and personalised medicine in a more coherent way. This means that we must start to build point of care solutions using Nano enabled technologies that will massively reduce the need for large infrastructure and vastly improve outcomes through mobile diagnostics, other Nano medicines and biotechnology. Bill Gates spoke at Davos this year about the best investments he ever made were in healthcare.

Also, it was great to see the UK pushing hard for a co-ordinated approach to tackling the over use of Antibiotics in our food production or via prescription from by healthcare professionals.

Finally, we heard speaker after speaker talk about the tipping point of Climate Change and that we cannot wait for there to be more plastic in our seas than fish by 2050. Or more CO2 in our atmosphere than is possible for life to be sustained. All the above can be solved with a collective will from the bottom up to top down. The media have to highlight the problems and solutions, but we need smart investors, citizens and stakeholders to start to adopt new enabling technologies that hold, the key to our futures.

In many places like parts of dry regions of Africa, Australia, the Middle East, and California, there has been water shortages and new nanotechnologies could transform water resources within regions with difficult climates or poor sanitation.

There are still more than 2 billion people in the world who don’t have access to clean water and sanitation and nano scale innovation is rapidly showing it can change this for the future with smart impact investments.

The wealth of the world is growing in line with population growth but the support for funding and accelerating Nanotechnology, Biotechnology, AI, and other enabling technologies in our urban world has to become an accelerated priority.

Governments charging people just a bit more loose change for using plastic bags or fizzy drinks really is not going to change the course of time during this fourth industrial revolution 4.0 . Let’s all create a Smart future as the money won’t function if the world can’t function with us in it.      

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