Fourth industrial revolution

“The Fourth Industrial Revolution (4IR) is the fourth major industrial era since the initial Industrial Revolution of the 18th century. It is characterized by a fusion of technologies that is blurring the lines between the physical, digital and biological spheres, collectively referred to as cyber-physical systems.”

“Digital is the main reason just over half of the companies on the Fortune 500 have disappeared since the year 2000.” – Pierre Nanterme, CEO of Accenture

“You cannot wait until a house burns down to buy fire insurance on it. We cannot wait until there are massive dislocations in our society to prepare for the Fourth Industrial Revolution.” – Robert J. Shiller, 2013 Nobel laureate in economics, Professor of Economics, Yale University

“Imagine a robot capable of treating Ebola patients or cleaning up nuclear waste.” – Dileep George, artificial intelligence and neuroscience researcher

“We must develop a comprehensive and globally shared view of how technology is affecting our lives and reshaping our economic, social, cultural, and human environments. There has never been a time of greater promise, or greater peril.” – Klaus Schwab, Founder and Executive Chairman, World Economic Forum

Posted in 4IR, Fourth Industrial Revolution

Leave a Reply

Your email address will not be published. Required fields are marked *