Fourth Industrial Revolution k. Schwab
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The Fourth Industrial Revolution represents a new stage of development in the Digital, Physical and Biological fields. It is characterized by emerging technology breakthroughs in fields such as artificial intelligence, robotics, the Internet of Things, 3D printing, nanotechnology, biotechnology, materials science, energy storage, and quantum computing. This revolution will disrupt most industries in all countries, transforming the nature of work and requiring new skills from individuals. Both opportunities and challenges will arise from these changes at the individual, national and global levels. Collective action is needed to shape this revolution for the benefit of humanity.
Fourth Industrial Revolution k. Schwab
- 2. “We Are At The Beginning Of A Revolution That Is Fundamentally Changing The Way We Live, Work And Relate To One Another” K. Schwab Founder and Executive Chairman, World Economic Forum
- 3. Agenda What It Is What it will bring How It Will Impact Us What Can Be Done
- 4. 1 Historical Context Mechanical production Steam & Water 1st Mass production Electricity and Assembly line. 2nd Digital Revolution Computer & Electronics 3rd Cyber Digital System Physical Digital Biological 4th
- 5. Megatrends Digital Biological Physical The fourth industrial revolution, however, is not only about smart and connected machines and systems. It is the fusion of these technologies and their interaction across the physical, digital and biological domains that make the fourth industrial revolution fundamentally different from previous revolution .
- 6. MEGATRENDS- Physical Physical trends are the easiest to see because they are tangible Autonomous vehicles 3D printing Advanced robotics New materials trucks, cars, drones, aircrafts, boats, etc.. additive manufacturing more adaptive and flexible, with advanced sensors, they can understand and respond in a better way. lighter, stronger, recyclable, adaptive, smart (eg. self-cleaning) Physical
- 7. MEGATRENDS- Digital • IoT (internet of things) • A relationship between things (products, services) and people. • Blockchain • New approaches for engagement and collaboration, blockchain creates trust without a neutral central part. • Platforms • Matching supply and demand in a very accessible way. Some of these trends are a bridge between physical and digital:
- 8. Biological MEGATRENDS Genome: Today a genome can be sequenced in a few hours Progress has been achieved in reducing costs and achieve unthinkable things Synthetic biology: customising organism by writing DNA.Data: Increase medicine precision with targeted therapies.
- 9. Studies show technologies like artificial intelligence will eliminate some jobs, while creating demand for new jobs and skills. Some experts warn of a “winner-take-all economy,” where high-skilled workers are rewarded with high pay, and the rest of workers are left behind.
- 10. Impact 01 Economy 02 Business 03 National 04 Individual 04 Society
- 11. Growth Impact Economy Technology and innovation are at an inflection point and will soon unleash a surge in productivity New technologies will dramatically change the nature of work across all industries. low-risk jobs in term of automation will be under uncertainty. Workforce will do a portfolio of things to generate income. Employment New Skill Nature of Work
- 12. Customer expectations Moving to a world of continuous adjustment and refinement while ensuring that the human dimension to the interaction remains at the heart of the project Am I going to be disrupted?” but “When is disruption coming, what form will it take and how will it affect me and my organization?” Data-enabled products Continuous learning from data and analy New Collaborations Not only marketing partnerships but real collaborations New operating mo This now-world requires companies to respond in real time wherever they are. Impact Business
- 13. • Disruptive changes are redefining how public institutions and organisations operate. • Technology will increasingly enable citizens providing a new way to voice their opinions. • Cities need to act like entrepreneurs, they have to compete in attracting talents. Impact National Governments Should Be Essential Partners In Shaping The Transition To New Scientific, Technological, Economic And Societal Frameworks” K. Schwab
- 14. Impact Individual The Fourth Industrial Revolution Is Not Only Changing What We Do But Also Who We Are. It Will Change Our Identity In Many Aspects: • Behaviours • Privacy • Ownership • Consumptions • Time For Work • Time For Leisure
- 15. Not Everyone Needs To Be A Data Scientist But Everyone Needs To Be Data Literate Skills for Tomorrow
- 16. Digital Technology Knows No Borders. Which Countries Will Be Able To Leapfrog? Tipping points expected to occur by 2025 .How best to prepare and respond
- 17. Challenges Cyber Security Autonomous Weapons Militarization Of Space Wearable Devices Biological Weapons Social Media Identity, Morality and Ethic Human Connection Managing Public and Private Information The (Dis)empowered Citizen Inequality The changing nature of conflict
- 18. Contextual (The Mind) – How We Understand And Apply Our Knowledge Emotional (The Heart) – How We Process And Integrate Our Thoughts And Feelings And Relate To Ourselves And To One Another Inspired (The Soul) – How We Use A Sense Of Individual And Shared Purpose, Trust, And Other Virtues To Effect Change And Act Towards The Common Good Physical (The Body) – How We Cultivate And Maintain Our Personal Health And Well-being And The Energy Required For Both Individual And Systems Transformation The Way Forward