The Fourth Industrial Revolution, discussed by:
– Zachary Bookman, Chief Executive Officer, OpenGov, USA
– Paul Kagame, President of the Republic of Rwanda
– Anand Mahindra, Chairman and Managing Director, Mahindra & Mahindra, India
– Satya Nadella, Chief Executive Officer, Microsoft Corporation, USA
– Sheryl Sandberg, Chief Operating Officer and Member of the Board,
Facebook, USA
Moderated by:
Andrew R. Sorkin, Columnist, New York Times, USA
Quick background: the first industrial revolution is the one we all know (steam-powered machinery and manufacturing, from the 1780s). The second came with mass production techniques and electrification, starting around 1870. The third, around 1970, involved electronics, IT and automation, and the fourth involves greater integration and merging of the digital, physical, and human worlds (so-called cyberphysical systems).
I’ve watched a few of these Davos 2016 videos now, and I’m seeing common themes:
– overall optimism that the opportunities of new technology outweigh the threats;
– a warning that there are still significant threats (not least from the pace of change), and we need to think about them and deal with them intelligently;
– an awareness that we, as societies, have to choose whether everyone will get access to the benefits, rather than confining them to the already-well-off (on which Anand Mahindra’s comment is, “To raise the quality of life is the biggest business opportunity going”);
– the potential for a great contribution from those who currently don’t have that access (including women);
– the important role of government policy in creating an environment for innovation and then reflecting society’s consensus in its direction of the outcomes;
– how government will become more connected to its citizens and more transparent;
– how, at the same time as old jobs disappear, new ones are created by technological advances (non-tech jobs as well);
– how vital it is to retain a human connection and human values while using (morally neutral) technology, and how being connected to one another with empathy can improve the overall tone and condition of society at large.
Something new: the idea that smart villages can be the future, rather than more and more migration to cities. This is something I’ve been thinking about for a while, and it’s going to make its way into some future fiction, in all likelihood.
https://www.youtube.com/watch?v=mtXfzd53wRQ&feature=share