Thursday, October 28

Telefónica urges the creation of a new regulatory framework for artificial intelligence

The president of Telefónica, José María Álvarez-Pallete

The president of Telefónica, José María Álvarez-Pallete

The president of Telefónica, José María Álvarez-Pallete, has urged this Monday in the framework of the Mobile World Congress in Barcelona to the EU establish “a new regulatory framework and competition rules to build a strong digital Europe”, in the framework of a new situation in which telecommunications networks “are no longer limited to transporting data, but make possible the world of artificial intelligence in which up to 40% of internet traffic is not human, but which is generated by machines that talk to each other. ” Álvarez-Pallete has warned that in the new era of digitization “an enormous amount of data will be produced that can be transformed into information by artificial intelligence” and therefore a new regulatory framework is needed that preserve both the interests of investment companies and the population. In his opinion, the progress underway has made the challenge for companies and the Administration to be “converting data into knowledge”, for which it is necessary to “take digitization to the next level, make it smart, let artificial intelligence develop your full potential. ” “This can only happen with the support of next-generation digital infrastructure and a strong telecommunications sector whose relevance to the economy and society is now more significant than ever, “he added.

Álvarez-Pallete has placed next-generation connectivity as “the first ingredient” of the new intelligent digitization at the Mobile inauguration in Barcelona. At his side, as a second ingredient, “technologies such as Edge Computing, the cloud, cybersecurity, IoT and Big Data”. And, as a last ingredient, the forecast of a substantial increase in the data generated by digitization and transformed into information by artificial intelligence. “The true evolution is there“, has exposed Álvarez-Pallete.

The data ‘boom’ opens, according to Pallete, “an extraordinary opportunity” but governments “have to attract investment in the intelligent digital infrastructure that will make all of this possible,” said Pallete. “Europe needs a sustainable telecommunications sector, otherwise we will fall further behind in the global race for digital leadership“concluded Pallete.” We need a new Digital Agreement to manage the digital transition with values ​​and people at the center “, has defended the head of Telefónica.

Álvarez-Pallete’s intervention took place in the first of the four days in which this edition of Mobile will take place. Telefónica attends the Congress in person, with a 952-square-meter stand, and with a wide virtual proposal, reflected in a twin or digital stand through which you can follow all the news about the company’s participation in the MWC. In total, the Group will show up to 34 success stories with clients that will reveal the solutions, services and applications with which Telefónica accompanies companies, sectors and apps in their digital and technological transformation.

This need for combine the potential of digitization and connectivity with values In recent years, people have been a more or less latent source of conflict in the telecommunications sector. But also the development of technological advances has collided with geostrategic tensions between the US and China, evidenced in the conflict with Huawei, which pointed to leadership in 5G and the development of microchips. The defense of personal information is a key element to curb the development of large technology multinationals. ‘Our connected world’ has been the nexus of the conference table in which Pallete has participated.

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