The role of Metaverse in Eurasian technological development
The challenges of new technologies, especially artificial intelligence, were discussed at the technology panel of the Budapest Eurasia Forum. A book of studies prepared for the two-day conference was also presented.
The role of Metaverse in Eurasian technological development
New Age – New Road

The role of Metaverse in Eurasian technological development

MNB Deputy Governor Barnabás Virág presented Eurasia Volume of Studies - Geo Awakenings (Photo: Róbert Hegedüs)
Hunor Hoppál 22/12/2023 07:00

The challenges of new technologies, especially artificial intelligence, were discussed at the technology panel of the Budapest Eurasia Forum. A book of studies prepared for the two-day conference was also presented.

Zoltán Cséfalvay, Head of the MCC's Technology Futures Workshop, spoke to Sir John O'Reilly, Rector of Khalifa University. ChatGPT is not technically significant, but socially significant, according to Sir O'Reilly. He sees the world changing at an accelerated pace during the fourth industrial revolution, and in terms of artificial intelligence, we are at the discovery and implementation stages.

Zoltán Cséfalvay, Head of the MCC’s Technology Futures Workshop asked Sir John O’Reilly, Rector of Khalifa University about the possibilities of AI (Photo: Róbert Hegedüs)

The technology panel roundtable discussion was moderated by Péter Fáykiss, Director of MNB, and featured an exchange of views between Ronit Ghose, Managing Director and Global Head of the Future of Finance at Citi Research, Bruno Lanvin, President of the Smart City Observatory, Zhang Yiqiang, Vice Dean of School of Information Science and Technology of Fudan University, and Zhang Liping, Deputy Director-General of Financial Research Institute pf Development Research Center of the State Council (China).

According to Bruno Lanvin, by putting augmented reality and artificial intelligence into a common database, a larger Metaverse can be created, a framework that also allows for risk-free technological experimentation.

Zhan Yiqiang believes that new technologies will become part of everyday life over time, and that it is worth embracing them and using them for good, rather than rejecting them. Zhang Liping believes that we need to look at how new solutions such as BlockChain can become part of traditional financial management.

According to Ronit Ghose, the producers of new technologies are not well-versed in culture and politics, while the shapers of culture and politics lack technological knowledge, and bridging this asymmetry will be a major challenge in the coming years.

Ronit Ghose and Zhang Liping (Photo: MNB/Márton Koncz)
Péter Fáykiss and Bruno Lanvin (Photo: MNB/Márton Koncz)
The technology panel concluded with the launch of the English-language book Geo Awakenings - Bulding a sustainable future in the emerging Eurasian era, edited by Barnabás Virág, Deputy Governor of the MNB, and Marcell Horváth, Executive Director of the central bank. In his speech, Barnabás Virág said that the publication contains studies produced this year that explore the links between geopolitics and sustainability within the Eurasian network.

The author is a journalist

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