Are we ready for the upcoming technological storm?

Are we, as a society, ready for developments in Artificial Intelligence (AI), 5G and The Internet of Things, creating a 'perfect technological storm'- Researchers of the Delft University of Technology study this matter. In an extensive report, commissioned by the Panel for the Future of Science and Technology (STOA) they elaborate on the question if society is prepared for these converging, fast developing technologies. The report also brings forward clear recommendations. On future challenges such as ethical use of data, preserving privacy and digital safety, but also to prevent improper and inaccurate use of AI or data. "Our study suggests that the merger of Internet of Things (IoT), Artificial Intelligence (AI), blockchain and virtual and augmented reality raises a host of new moral, social and political challenges that extend well beyond what is usually discussed in for example the AI ethics literature. Action is needed by the EU, and other players, to address these issues upfront and to prepare society for properly dealing with them." Says Ibo van de Poel, Professor in Ethics and Technology at the Faculty of Technology, Policy and Management at Delft University of Technology. Together AI, 5G and IoT represent a 'perfect technological storm' and a potent opportunity for value creation.