The Fourth Industrial Revolution

Description

The founder and executive chairman of the World Economic Forum on how the impending technological revolution will change our lives We are on the brink of the Fourth Industrial Revolution. And this one will be unlike any other in human history. Characterized by new technologies fusing the physical, digital and biological worlds, the Fourth Industrial Revolution will impact all disciplines, economies and industries - and it will do so at an unprecedented rate. World Economic Forum data predicts that by 2025 we will see- commercial use of nanomaterials 200 times stronger than steel and a million times thinner than human hair; the first transplant of a 3D-printed liver; 10% of all cars on US roads being driverless; and much more besides. In The Fourth Industrial Revolution, Schwab outlines the key technologies driving this revolution, discusses the major impacts on governments, businesses, civil society and individuals, and offers bold ideas for what can be done to shape a better future for all.

Professor Klaus Schwab is founder and executive chairman of the World Economic Forum, the International Organization for Public-Private Cooperation. In 1998, he created the Schwab Foundation for Social Entrepreneurship, which seeks to identify, recognize and disseminate initiatives in social entrepreneurship that have the potential to be replicated on a global scale. An engineer and economist by training, Professor Klaus Schwab holds doctorates in Economics (summa cum laude) from the University of Fribourg; in Engineering from the Swiss Federal Institute of Technology; and a Masters of Public Administration from the Kennedy School of Government at Harvard University. He has received numerous international and national honours.

The world has fast entered a data and technology-driven era where new opportunities but also challenges are emerging. In this book, Klaus Schwab and the World Economic Forum contribute significantly to one of the most important issues of our time - how to move forward in the Fourth Industrial Revolution * Jack Ma, Executive Chairman, Alibaba Group Holding, People's Republic of China * It's no secret that technologies are reshaping the world's economies and societies. To manage the risks and spread the benefits, we have to act now, and in the interest of stakeholders everywhere * Andrew McAfee, Co-Founder, MIT Initiative on the Digital Economy, MIT, USA * Sheds light on what's at stake for society and how leaders can play a part in shaping the course of history. Klaus makes a powerful call in the book: "We have to shake things up before technological inertia determines our future for us." Act now * Zhu Min, Chairman, National Institute of Financial Research, People's Republic of China * The technologies of the Fourth Industrial Revolution are extraordinary. Leadership has to be equally extraordinary to manage the complexities of systemic change * Eric Schmidt, Technical Advisor, Alphabet, USA * This book is essential for gaining a perspective on some of the critical challenges that rapid technological change poses to us all: ensuring the wellbeing of societies, understanding the evolving role of governments, and rethinking how the global economy will work in the 21st century * Roberto Azevedo, Director-General, World Trade Organization (WTO), Geneva * The World Economic Forum shows us that improving the state of the world will mean seriously thinking about, and empowering, all of those whose lives are transformed by technologies * Peter Maurer, President, International Committee of the Red Cross (ICRC), Geneva * Prosperity with technology means defending the rights of women on the frontline of change, defending the dignity of work for all workers and improving working conditions around the world. A Fourth Industrial Revolution that can do that would benefit us all * Sharan Burrow, General Secretary, International Trade Union Confederation (ITUC), Brussels * The Fourth Industrial Revolution is being felt profoundly around the world. Chapter by chapter, special insights from some of the best minds from the World Economic Forum's community show just where leadership focus is needed * Luis Alberto Moreno, President, Inter-American Development Bank, Washington DC * The challenge is clear: if we want to create technologies which benefit us all, and help us create more just and inclusive societies, we need to ensure that the values of human dignity and equality become a core design and use principle * Shalil Shetty, Secretary-General, Amnesty International, United Kingdom *