Organised by the Malaysian Research Accelerator for Technology and Innovation (Mranti), the I-Nation Global Summit 2024 was officially launched on Monday (Dec 2) in Kuala Lumpur.
The annual flagship event emphasises innovation and collaboration, with a particular focus on sustainability, climate change and biodiversity.
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The annual flagship event emphasises innovation and collaboration, with a particular focus on sustainability, climate change and biodiversity.
Read more at https://tinyurl.com/yj4esks6
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
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NewsTranscript
00:00Three, two, one.
00:07Ladies and gentlemen, with that the iNation Global Summit 2024 is officially launched.
00:13The theme of this year's summit, collaborate, innovate, elevate, advancing impactful innovation
00:21together, perfectly encapsulates the essence of this gathering. A shared commitment to
00:28fostering collaborations, igniting creativity, and shaping a sustainable and innovative future.
00:36The iNation Global Summit 2024 is more than just a conference. It is a manifestation
00:44of our shared aspirations for a future built on innovation, sustainability, and inclusivity
00:51for local, regional, and global societies. By convening experts, leaders, and missionaries,
01:00this summit creates a powerful platform to exchange ideas, inspire actions, and craft
01:07solutions to address global challenges while uplifting our communities. Ladies and gentlemen,
01:15as the Deputy Prime Minister and Minister of Energy Transition and Water Transformation,
01:20I'm committed to steering Malaysia towards a sustainable and resilient future. This journey
01:26encompasses both our nature landscape and the management of our water resources.
01:33A cornerstone for our strategy in the Water Sector Transformation 2040, or WST2040,
01:40which addresses challenges such as water scarcity and climate vulnerability. By integrating
01:48innovative concepts like virtual water accounting and water footprint analysis,
01:54WST2040 seeks to optimize water resources management across sectors, ensuring sustainable
02:03and equitable access for all. Technology plays a pivotal role in this transformation. For instance,
02:10IoT enables smart water meters monitor usage in real time, reducing wastage and improving
02:18efficiency. Similarly, AI-driven predictive analytics optimize energy grids in anticipate
02:28demand and minimize carbon footprints. The private sector is also vital in achieving national
02:35sustainability goals. Investments in renewable energy and the adoption of environmental,
02:42social, and governance, or ESG principles, underscores the importance of public-private
02:48collaboration in driving impactful change. Ladies and gentlemen, this summit comes
02:56at a pivotal moment in Malaysia's journey toward becoming a leading technology hub.
03:02One area where we are seeing rapid progress is renewable energy, with Malaysia on track to
03:09increase its renewable energy capacity to 31% of the national energy mix by 2025. This shift
03:18not only supports our national sustainability goals, but also positions us as a key leader,
03:25a key player in the region's green transition, a critical focus as we prepare
03:31to assume the role of Chair of ASEAN in 2025. Holding the ASEAN Chairmanship is both an honour
03:40and a responsibility, reflecting our dedication to driving progress across security,
03:46economic growth, and social cultural development. Guided by the theme,
03:51inclusivity and sustainability, we are committed to ensuring that all ASEAN nations
03:59benefit from shared prosperity and technological advancement.
04:04Going to trend six, a logarithm are new decision-makers. It is the compilation
04:12of what customers are generating are what makes decisions, not the CEO or top managers.
04:20AI can analyse the most nuanced and intricate patterns in human behaviours or other processes
04:27and phenomena by classifying and clustering, although it may not tell us the reasons and
04:35detailed reasons behind it. Now the challenge is there is an urgent need to cultivate essential
04:42skills for effective collaboration with AI, including a deep understanding of AI tools,
04:49capabilities and limitations, and thus allowing future professionals in many fields to discern
04:55when to rely on AI-generated insights and when to apply a professional judgment.