How do we develop digital trust in the era of AI? A look at future trends from the White Paper “Future TRUST Proposal 2028”
2024/7/2
As artificial intelligence (AI) drives rapid advancements in various technologies, trust is gradually becoming the cornerstone of digital transformation. The latest white paper, “Future TRUST Proposal 2028” released by Turing Space, delves into building trust among people in an increasingly AI-driven world and examines the impact of future digital identities and digital credentials on global society.
Table of Contents
I. Digital Trust Challenges in the AI Era
- A. The Potential and Risk of AI Technology
- B. The Relationship Between Data Usage and Trust
- C. Public Skepticism and Operational Responsibility
II. The Necessity of Transnational Digital Identity
- A. Advantages of Digital Identity
- B. Addressing Resume Fraud
- C. Convenience for Global Business and Travel
- D. Responding to Geopolitical and Natural Crises
III. The Impact of Digital Credentials on a Sustainable Environment
IV. Download Today to Learn More about Future Trends
I. Digital Trust Challenges in the AI Era
A. The Potential and Risk of AI Technology
Rapid AI and machine learning development bring immense opportunities, such as automated production and personalized healthcare. However, it also causes some risks, for instance, digital fraud, identity theft, and data breaches. The complexity of AI technology makes it difficult for users to understand how their data is being used, which can affect the establishment of trust. The widespread application of these technologies requires transparent data processing procedures and robust security measures to ensure the safety and privacy of user data.
B. The Relationship Between Data Usage and Trust
Without strong digital trust, the application of AI in areas such as business processes, healthcare, and finance may be severely undermined by public skepticism and operational responsibility issues. According to data from the National Association of Insurance Commissioners (NAIC), insurance fraud in the United States results in losses of up to $306.7 billion annually.
C. Public Skepticism and Operational Responsibility
Transparency and accountability are key to building trust in the application of AI technology. Companies need to ensure transparency of data usage and take responsibility for any issues that may arise, to enhance public trust in AI technology.
II. The Necessity of Transnational Digital Identity
A. Advantages of Digital Identity
The widespread application of digital identity enhances transparency and credibility across various industries, laying the foundation for a global trust framework. By using multiple digital credentials to build an individual’s digital identity, it is possible to create a reliable multi-party trust network even in the presence of asymmetric information.
B. Addressing Resume Fraud
Resume fraud is a pressing issue that needs to be solved. According to an article by Apollo Technical, the U.S. Department of Labor estimates that the cost of a bad hire is approximately 30% of the employee’s first-year earnings. However, a digital identity system can effectively deal with this problem.
C. Convenience for Global Business and Travel
A borderless digital identity system allows global citizens to simplify the cumbersome verification processes of different countries, enabling them to move freely and seamlessly prove their identity. This facilitates the convenience of global business, travel, and remote work.
D. Responding to Geopolitical and Natural Crises
In a world where geopolitical and natural crises continually challenge global stability, a universally accepted digital identity system becomes crucial. Such a system can not only speed up aid during disasters but also protect the rights of displaced populations.
III. The Impact of Digital Credentials on a Sustainable Environment
A. Decreasing Paper Waste and Carbon Footprint
Traditional physical documents and paper consumption are not only costly but also put immense pressure on the environment. The widespread adoption of digital identity systems and digital certificates significantly reduces paper waste and carbon footprint, promoting global sustainable development.
B. Environmental Benefits of Green Operations
These technologies not only lower reliance on Earth’s resources but also realize the environmental benefits of green operations, aligning with the current global trend of businesses transitioning towards sustainability.
IV. Download Today to Learn More about Future Trends
This white paper demonstrates how digital innovation enhances information transparency and trust in a global society. It highlights the critical role these technologies play in the AI era and their impact on the environment. Promoting the adoption of borderless digital identities and digital credentials can ensure the security and verifiability of the digital world, laying a solid foundation of mutual trust for global sustainable development and the application of AI technology. As technology continues to advance, we look forward to a more transparent, fair, and sustainable digital future.
About Turing Space
Turing Space is a TrustTech startup founded by Jeff Hu in 2020, dedicating to addressing the complexity of certifications among industries worldwide. We build up a borderless digital trust network with blockchain technology, advancing global digital transformation, aiming to become the cornerstone of international trust transmission.
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