
The Fourth Industrial Revolution

The big challenge for most societies will be how to absorb and accommodate the new modernity while still embracing the nourishing aspects of our traditional value systems.
Klaus Schwab • The Fourth Industrial Revolution
We can only meaningfully address these challenges if we mobilize the collective wisdom of our minds, hearts and souls. To do so, I believe we must adapt, shape and harness the potential of disruption by nurturing and applying four different types of intelligence:
Klaus Schwab • The Fourth Industrial Revolution
Some independent workers see this as offering the ideal combination of a lot of freedom, less stress and greater job satisfaction.
Klaus Schwab • The Fourth Industrial Revolution
The survey report Deep Shift—Technology Tipping Points and Social Impact was published in September 2015.76 Reproduced below are 21 technology shifts presented in the study and two additional ones, including the tipping points for these technologies and the dates of their expected arrival to market.
Klaus Schwab • The Fourth Industrial Revolution
Above all, this book aims to emphasize the ways in which technology and society coexist. Technology is not an exogenous force over which we have no control.
Klaus Schwab • The Fourth Industrial Revolution
In the foreseeable future, low-risk jobs in terms of automation will be those that require social and creative skills; in particular, decision making under uncertainty and the development of novel ideas.
Klaus Schwab • The Fourth Industrial Revolution
“You can now get whoever you want, whenever you want, exactly how you want it. And because they’re not employees you don’t have to deal with employment hassles and regulations.”
Klaus Schwab • The Fourth Industrial Revolution
“In all moments of major technological change, people, companies, and institutions feel the depth of the change, but they are often overwhelmed by it, out of sheer ignorance of its effects.”52 Being overwhelmed due to ignorance is precisely what we should avoid,
Klaus Schwab • The Fourth Industrial Revolution
For each innovation we can think of, there will be a positive application and a possible dark side.