VIDEO – Understanding The Fourth Industrial Revolution

Mobile supercomputing; intelligent robots; self-driving cars; neuro-technological brain enhancements; genetic editing. The evidence of dramatic change is all around us and it’s happening at exponential speed, promising to change life in new and unforeseen ways and will affect every industry and society. While the world has the potential to connect billions more people to digital networks and dramatically improve the efficiency of organizations and governments; organizations might be unable to adapt and governments could fail to employ and regulate new technologies to capture their benefits. Therefore, it is essential to learn how humankind can benefit from this revolution, while addressing its challenges.

In his book The Fourth Industrial RevolutionProfessor Klaus Schwab, founder and executive chairman of the World Economic Forum, puts the most recent changes into historical context, outlines the key technologies driving this revolution, discusses the major impacts on governments, businesses, civil society and individuals, and suggests ways to respond.