Ahead of TEISS2018, Dr. Martin Schulz, Senior Economist at the Fujitsu Research Institute (FRI) shares his thoughts on Japan’s Society 5.0 and the threats and opportunities of IoT security.
Schulz sees IoT as the right and necessary technology to deal with an ageing society such as in Japan, where the working age population is dropping rapidly.
“We need to look at technologies from a much more comprehensive view; not just from an industry or business view but how to integrate them, how to develop societies and how to build sustainable ecosystems,” Schulz explains.
Revolution and evolution
Schulz says that in order to integrate man and machine, we must bridge revolution and evolution.
He adds that from Japan’s perspective, Society 5.0 is much more than just IoT or the application of technology. It is about adapting the technologies we have, in a sustainable way.
He states: “We are clearly riding a technology revolution now, but we humans are evolving at a slower pace. This means not just adapting to the fastest technology developments but ensuring your society is kept up to speed with technologies.”
For this to happen, security is essential. “Not just cyber security but security of people, wellbeing and of ecosystems. You need security for growth in an ageing society because it cannot recovery when disaster strikes and assets and wealth are lost,” he advises.
Japan’s aim is not to replace the old analogue system with disruptive innovation or a new digital system, but rather connecting them. This “co-creation” brings new value to the consumer by way of additional security, efficiency and sustainability.
Schulz says that growth is no longer coming from countries but from cities. He cites London, Tokyo and Shanghai as examples where there is a focus on smart cities and urban development.
Resilience, transparency and trust must be at the core of such complex systems. New value, Schulz believes, is created by connecting people and businesses but this also comes with new risks. “Governments need to focus on educating and informing people of these risks,” he states.
With regards to TEISS2018, Schulz is looking forward to gauge the current mood in Europe with the advent of GDPR and Brexit and how businesses are preparing for them.
You can hear Dr. Martin Schulz speak on Tuesday 20th February 2018 at TEISS2018
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