60th Anniversary Talks at WTSA-16 to explore the future of Artificial Intelligence and Mobile Money

The CCITT/ITU-T 60th Anniversary Talks at WTSA-16 will bring together thought leaders in the spheres of Artificial Intelligence and Digital Financial Services, or ‘mobile money’, to discuss the trajectory of related innovation and its value to the pursuit of the United Nations’ Sustainable Development Goals.

The 60th Anniversary of CCITT/ITU-T celebrates the many experts that contribute their time and expertise to the development of the ITU standards that bring cohesion to the unceasing innovation of the ICT community.

The CCITT/ITU-T 60th Anniversary Talks will be held on 26 October, moderated by Stephen Ibaraki. The talks will be followed by a Gala reception sponsored by the United Arab Emirates, the Republic of Korea and Rohde&Schwarz.

9:00-10:00: Talks on Digital Financial Services

The ubiquity of mobile phones offers an unprecedented opportunity to bring basic financial services to the over 2 billion adults worldwide without access to a bank account. However, despite their great potential to increase financial inclusion, the use and impact of Digital Financial Services (DFS) has yet to achieve significant scale.

The DFS market and regulatory environment are case studies of convergence. The competitive landscape of the financial-services market is changing as non-bank actors enter the fold, and the creation of an enabling regulatory environment for DFS remains a significant challenge, with DFS calling for a convergence of the responsibilities of a country’s regulators.

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17:30-19:00: Talks on Artificial Intelligence

The future will see large parts of our lives influenced by Artificial Intelligence (AI). Machines can execute repetitive tasks with complete precision, and with recent advances in AI, machines are gaining the ability to learn, improve and make calculated decisions in ways that will enable them to perform tasks undertaken by journalists, teachers, doctors and other professions previously thought to rely on human experience and ingenuity.

AI has great potential to contribute to the creation of a more human-centric ICT environment. Billions of connected devices, things and objects will gain the ability to learn from patterns observed in their environment, communicating these learnings to a larger ecosystem of intelligent devices capable of adapting their behaviour autonomously in the interests of greater efficiency and sustainability.

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