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Why governments need to respond to the Fourth Industrial Revolution (Klugman)

Why governments need to respond to the Fourth Industrial Revolution by Iain Klugman published by World Economic Forum (9/2018).

“Around the world, the ground appears to be shifting beneath our feet as we hurtle through a period of unnerving change, marked by disturbing weather patterns, xenophobic protectionism, mass migration, failed states, science denial, cyberterrorism, a loss of faith in institutions and many other factors.

What’s more, global energy markets are in flux. Supply chains are dauntingly complicated. And in most industrialized nations, societies are ageing, which raises tough questions about who will pay for the extended retirement of so many people.

At the same time, the power of technology, with its abundant promise, has accelerated due to dramatic gains in data storage, processing power and algorithm-driven analytics. Month after month, new systems, applications and business models surface and then explode into the market, offering radical new solutions in domains such as health and transport, even while disrupting long-established businesses and throwing countless people out of work…”

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