New Norms, New Rules, New Institutions (2): Will the Fourth Industrial Revolution have a human heart?

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That brings us to the question of impact. In short, we will see the effects of this revolution everywhere. Let me give three examples.

  • The impact on business and economies. Entrepreneurship and agility will become much more important, and generally, small and medium enterprises have such agility more than incumbents. In the future, it will not be the big fish which eats the small fish, it will be the fast fish that eats the slow fish. Take Google as an example, which created Alphabet as a platform for several smaller and more focused businesses. In banking, the “fintech” or financial technology revolution will cause rapid disintermediation. In the end, the business models of each and every industry will be restructured.
  • The impact on skills and labour. In the past we had creative destruction. Jobs destroyed by innovation could be replaced by new roles in new sectors. Today, we are no longer certain how this will happen. Technology will replace many jobs in the upper-skilled sector. Only countries that are preparing for this, by upskilling and reskilling, will win.
  • The impact on governments. I believe governments will be more important than ever before. Indeed, in this fast paced new world, the increased tempo of innovation will have to be supported by more responsive standards and rules in government. Governments can approach the revolution in two ways. They can either say: ‘everything that is not forbidden is allowed’. Or they can say: ‘everything that is not allowed is forbidden’. In the end, they will have to find a middle way.“

Кратко и јасно. Основне карактеристике Четврте индустријске револуције из угла оснивача и извршног директора Светског економског форума господина Шваба.

Хоће ли „победити“ људи или роботи зависи од нас самих, од правила игре и моралних и етичких стандарда које сада поставимо. Зато је и истакнута улога државе за коју Шваб каже да је потребнија него икада.

Ко има ухо да чује, нека чује!

See on Scoop.itSustainable Economics


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