Today’s innovations have altered the way we live, work, and relate with one another. According to experts, the Fourth Industrial Revolution is building on what we’re experiencing now – the Age of Disruption, and technological innovation will be its key tool. Will people respond to it the same way our ancestors responded to steam engines and mass production? How should we cope?
Navigating the Next Industrial Revolution
In an article published in the World Economic Forum, the author writes that while most people assume that today’s transformations represent merely a prolonged Third Industrial Revolution, it marks the arrival of a completely different time.
The Third Industrial Revolution was characterised by electronics, IT, and automation, while the next one will be a distinct transformation, one that will herald a complete transformation of entire systems of production, management, and government.
Technological breakthroughs are increasing exponentially and rapidly, so much so that the brightest innovation today will be obsolete tomorrow. Artificial intelligence is everywhere – in self-driving cars, drones, software, virtual reality and algorithms.
How Do We Respond?
One thing is clear – time will come that the human mind will be one with the machine. Next-generation satellite mobile phones will have higher bandwidth and crisper data transmissions, which will transform the way the public and private sectors operate. Those who are trapped in a traditional linear way of thinking will find it the hardest to cope. Experts assert that those who embrace this type of change will benefit from it the most.
While a future dictated by technology breeds uncertainty, experts say that the Fourth Industrial Revolution has the potential to complement the best parts of human nature, such as empathy, creativity, and stewardship. We can’t deny the progress we’ve made in terms of collective values and moral consciousness.
Individuals and organisations must embrace a world of disruptive change. But in the process of improving technologies, people also have the potential to use the forces of innovation to shape a future that reflects our common values and goals.