Jordan ranked tenth in the Arab world and 80th globally on the leading technological readiness index

Alanbat - Sara Shqair

 Jordan ranked tenth in the Arab world and 80th in the world in the leading technological readiness index of 2023, according to the report issued by the United Nations Conference on Trade and Development entitled "Technology and Innovation 2023".

  The technological change launched by renewable and other green technologies opens new windows of opportunity to resilience-building against threats, develop strong and more diversified economies, and move to better development paths with less environmentally burdensome economies.

 The report examines 17 of these "leading technologies" – including artificial intelligence (AI) to turn green hydrogen into biofuels, highlights potential economic benefits, and assesses countries' capabilities to use, adopt and adapt these innovations.

The report included the Leading Technology Readiness Index 2023, where 166 countries were ranked as ready to start using leading technologies with the following five indicators: ICT, skills, industry, research and development, and finance.

These technologies have seen tremendous growth in the past two decades. In 2020, the total market capitalization reached $1.5 trillion and it will be able to reach $9.5 trillion by 2030. The Internet of Things (IoT), comprising a wide range of devices across multiple sectors have taken over. The technologies are primarily provided by a few countries, including America, China, and countries in Western Europe.