The Fourth Industrial Revolution, Development and Intellectual Property - the World Economic and Social Survey 2018 and Beyond

2020 ◽  
Author(s):  
Hoi Wai Jackie Cheng ◽  
Mariangela Parra
Cubic Journal ◽  
2020 ◽  
pp. 150-165
Author(s):  
James Stevens ◽  

Nearing the end of the second decade of the twenty-first century many craftspeople and makers are waking up to the inevitable reality that our next human evolution may not be the same, that this time it could be different. Klaus Schwab, Founder and Executive Chairman of the World Economic Forum refers to what we are beginning to experience as the Fourth Industrial Revolution (Schwab 2017, 01). Schwab and his colleagues believe that this revolution could be much more powerful and will occur in a shorter period than the preceding industrial and digital revolutions. This revolution will cause a profound change in how we practice, labour and orient ourselves in the world. Rapidly evolving technologies will proliferate the use of robotics and personalised robots (co-bots) that can sense our presence and safely work alongside us. Digital algorithms are already becoming more reliable predictors of complex questions in medicine and economics than their human counterparts. Therefore, the gap between what a computer can learn and solve and what a robot can do will quickly close in the craft traditions. This article will engage in the discourse of posthumanism and cybernetics and how these debates relate to craft and making. Intentionally this work is not a proud manifesto of positions, strategies, and guidelines required for greatness. Alternatively, it is a humble attempt to reorient makers to the necessary discourse required to navigate the inevitable changes they will face in their disciplines. Thus, the article seeks to transfer posthumanist literary understanding to intellectually position craft in the Fourth Industrial Revolution.


2021 ◽  
pp. 407-412
Author(s):  
Dzulkifli Abdul Razak

AbstractThe year 2020 is mostly known to many as an inflection point. A metaphorical vision to look far ahead, with clarity, taking on the various “disruptions” that have been much touted, namely, the Fourth Industrial Revolution (4IR). Since its pronouncement, four years ago, during the 2016 World Economic Forum in Davos, the world of higher education has been inundated with demands to introduce the so-called ‘Education 4.0’.


2019 ◽  
Vol 50 (4) ◽  
pp. 542-566
Author(s):  
Kasper Schiølin

In 2015, the World Economic Forum announced that the world was on the threshold of a ‘fourth industrial revolution’ driven by a fusion of cutting-edge technologies with unprecedented disruptive power. The next year, in 2016, the fourth industrial revolution appeared as the theme of the Forum’s annual meeting, and as the topic of a book by its founder and executive chairman, Klaus Schwab. Ever since, the Forum has made this impending revolution its top priority, maintaining that it will inevitably change everything we once know about the world and how to live in it, thus creating what I conceptualize as ‘future essentialism’. Within a short space of time, the vision of the fourth industrial revolution was institutionalized and publicly performed in various national settings around the world as a sociotechnical imaginary of a promising and desirable future soon to come. Through readings of original material published by the Forum, and through a case study of the reception of the fourth industrial revolution in Denmark, this article highlights and analyses three discursive strategies – ‘dialectics of pessimism and optimism’, ‘epochalism’ and ‘inevitability’ – in the transformation of a corporate, highly elitist vision of the future into policymaking and public reason on a national level.


2018 ◽  
Vol 9 (2) ◽  
pp. 90 ◽  
Author(s):  
Min Xu ◽  
Jeanne M. David ◽  
Suk Hi Kim

The fourth industrial revolution, a term coined by Klaus Schwab, founder and executive chairman of the World Economic Forum, describes a world where individuals move between digital domains and offline reality with the use of connected technology to enable and manage their lives. (Miller 2015, 3) The first industrial revolution changed our lives and economy from an agrarian and handicraft economy to one dominated by industry and machine manufacturing. Oil and electricity facilitated mass production in the second industrial revolution. In the third industrial revolution, information technology was used to automate production. Although each industrial revolution is often considered a separate event, together they can be better understood as a series of events building upon innovations of the previous revolution and leading to more advanced forms of production. This article discusses the major features of the four industrial revolutions, the opportunities of the fourth industrial revolution, and the challenges of the fourth industrial revolution.


2021 ◽  
Vol 55 (2) ◽  
pp. 293-313
Author(s):  
Dušanka Jovović

An extremely complex nature of competition processes often makes the identification of the category of country competitiveness inaccurate and complicated to understand. This is particularly manifested in the era of globalization and the affirmation of the Fourth Industrial Revolution as two phenomena that shape contemporary developments in the world to a large extent. Globalization and the Fourth Industrial Revolution have ensured economic prosperity to some countries, but at the same time, they have also caused increasingly prominent developmental inequalities at worldwide level. The same conclusion refers to the matter of the competitiveness level achieved by the countries. This is convincingly proved by the 2019 World Economic Forum data about country competitiveness, based on which the greatest number of the countries in the world are still far from the targeted "limit" of competitiveness.


2021 ◽  
Vol 258 ◽  
pp. 05037
Author(s):  
Svetlana Zenchenko ◽  
Alexsey Zaytsev ◽  
Anna Savtsova ◽  
Yana Radyukova

The main subject of the World Economic Forum 2016 in Davos was the Fourth Industrial Revolution (Industry 4.0), characterized by, according to the chairman of the world economic fund Klaus Schwab, a combination of technologies that blur the boundaries between the physical, digital and biological spheres. Modern technologies are changing as fast as ever, creating new challenges and identifying promising opportunities for development. Our response to the challenges of Industry 4.0 is the neo-industrialization of the Russian economy, based on the use of modern industrial technologies and the development of human capital. However, the upcoming fourth industrial revolution is a serious challenge for the government. Unfortunately, most experts are not inclined to be optimistic about Russia’s prospects in this race. The main competition of the new revolution is not that much about technologies themselves but about the skills and education that are necessary for their application. Competition is escalating at the level of education systems, but ready-made specialists in the context of globalization still need to be maintained, and so far, the low level of salaries in Russia only contributes to a further ‘brain drain’. Finally, national characteristics and systematic approach are important in the Industry 4.0 development. The development of new industrial revolution elements is uneven, which is why the additional advantages of interdisciplinary research and development are missed out on.The task delivered by the President of Russia Vladimir Putin was to create a ‘smart’ economy, which determines the need for the rapid development of science and the dynamic implementation of its achievements. Since this task covers many aspects of life, a special integrating indicator is required to assess the success of its implementation. The concept of ‘technological structure’ is claiming its role today.


Author(s):  
Leonid Tsubov ◽  
Lyubov Kvasniy ◽  
Oresta Shcherban

The article defines the main drivers of global industrial change in the context of behavioral economics. The author analyzes the literary sources and highlights the positive and negative consequences of the introduction of innovative technologies created in the course of the fourth industrial revolution. The essential features and content of the fourth industrial revolution as the driving force of the development of the world economy and economy of Ukraine are considered. The essence of the changes taking place in Ukraine and in the world in the conditions of globalization is analyzed. The possibilities of structural changes of the national economy in the conditions of the fourth industrial revolution are estimated. The obtained results develop the theory of innovative management in the part of the formation of the preconditions for managing the choice of strategies of innovative development in the conditions of the fourth industrial revolution. Possible directions of business development for Ukrainian enterprises are offered on the basis of evaluation of the main tendencies of development of the world economic system. The results of their systematization can be used as the basis for the formation of an information base for identifying the priority directions of innovation development. Further research should be aimed at forming of a mechanism for ensuring the social and economic development of Ukraine in the conditions of the fourth industrial revolution. The paper proves that for the development of the digital economy of Ukraine it is necessary to start a large-scale digitalization of all branches as soon as possible, investing the most in the development of digital infrastructure, innovations and modern technologies. Therefore, every effort should be made to ensure the success of Ukrainian innovation companies and those who invest in Ukraine.


2019 ◽  
Vol 13 (9) ◽  
pp. 105 ◽  
Author(s):  
Weng Marc Lim

This article aims to offer a brief and quick dissemination on the potential impacts—in the form of opportunities and threats—of the Fourth Industrial Revolution on the ASEAN region. It is in line with one of the programme pillars of the World Economic Forum on ASEAN, specifically ASEAN and the connectivity agenda. The author hopes that this article will stimulate further dialogues and investigations on how the ASEAN community can capitalize and leverage on the inherent opportunities and avoid and overcome the underlying threats arising from the Fourth Industrial Revolution.


2017 ◽  
Vol 6 (1) ◽  
pp. 4
Author(s):  
Manuela Epure

Recently, the World Economic Forum Annual Meeting took place from 17-20 January 2017 at Davos-Klosters, Switzerland and then key topic was Global Governance and the related issues such as: Fourth Industrial Revolution, responsive and responsible leadership, restoring economic growth and global collaboration.[1]Important changes are expected regarding size, speed and scope of these transformations that Fourth Industrial Revolution generated.  The transformations consist mainly of new systems built on the infrastructure of the digital revolution. Also, this will fundamentally change the way in which we produce, consume, move, communicate and interact with one another.  Nanotechnologies and given new powers of genetic engineering will impact dramatically who we are and how we think and behave[2] . 


Sign in / Sign up

Export Citation Format

Share Document