The PSB stated the need for an adaptive financing mechanism for special technology
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- The PSB stated the need for an adaptive financing mechanism for special technology


The high—tech sector and the field of dual technologies are characterized by development in rapidly changing conditions, and financing mechanisms for product development, production and supply chains must meet this challenge - they must be adaptive and customized to the technological specifics in each specific case. This was stated by PSB Chairman Peter Fradkov during his speech at the panel session of the United Russia party "Dual-use Technologies and the future of global Leadership", held as part of the XXVIII St. Petersburg International Economic Forum.
"You can't be a technology leader just because that's the way it's supposed to be. The situation is changing, and decisions in the field of high technology are being made quickly, whether by large—scale industry or small enterprises. And a quick response to changing circumstances in terms of the technological aspect requires non—standard financing mechanisms. In particular, this is not direct financing or capital investment of individual companies, but the creation of a fund of funds that would allow targeted support for individual solutions, taking into account their individual characteristics: the stage of development and production, technological specifics, and a specific area." — said Fradkov.
Peter Fradkov also touched upon the issue of changing role models when using artificial intelligence, in particular, in dual-use technologies, when artificial intelligence takes over the functionality of information collection, analysis, optimization, and a person sets the scope for using artificial intelligence capabilities.
"For example, the field of development of unmanned systems — apparently, a person must determine the scope of use, the rules of the game when creating virtual ranges, when virtual testing of these advanced weapons systems, because this is a different economy, a different cost of decision—making, and eventually other financing and planning systems, taking into account individual characteristics," concluded Peter Fradkov.
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