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books.google.co.za The fourth industrial revolution Klaus Schwab Currency, 2017 World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolution, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wearable sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manufacturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individuals. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frameworks that advance progress. From the Hardcover edition. View at books.google.co.za [PDF] vassp.org.au Cited by 2560 Related articles All 21 versions vint.sogeti.com The Fourth Industrial Revolution Jaap Bloem, Menno Van Doorn, Sander Duivestein, David Excoffier, René Maas, Erik Van Ommeren Things Tighten, 2014 A rumor started at the end of the previous century, that “Things will be arriving on the Internet.” Due to the long nose of innovation, as Bill Buxton of Microsoft Research describes it, it took fifteen years for that to happen, but now the clamor of Things is becoming deafening. In various sizes and shapes, all kinds of startups and renowned names are claiming to have made breakthroughs, ranging from off-the-shelf sensor hardware platforms such as Arduino and Libelium to business infrastructural giants such as IBM and McK-insey. The relationship between humans, their artefacts and the world around them has always been a fascinating one. The difference nowadays is that we know how to program computers and can store everything in cyber-physical systems. That makes knowledge concrete: stretching from smartphones and intelligent pill jars in healthcare chains, to the lifecycles of products and services with the customer as the focus of attention. From science fiction to fact of life. From 2000 onward, the world has changed radically in a few major steps. Moreover, new developments are occurring increasingly rapidly. Social networks, Mobile platforms and apps, advanced Analytics and Big Data, Cloud and the artificial intelligence of IBM’s Watson: taken together, these form SMAC. Now our Things are coming to the fore, forming SMACT (“smacked”) in a glorious breakthrough. Innovation always takes a little longer than anticipated, but miniaturization, cheap sensors, smartphones in the pockets of billions of people, autonomous systems, better batteries, self-steering cars and smart software in the Cloud leave little room for doubt: SMACT is already an established fact. VInT now devotes four new studies to this mega-theme.