RSS:

Newsletter subscribe:

Fourth Industrial Revolution

ASEAN Youth Technology, Skills and the Future of Work

Date of Editorial Board meeting: 
Publication date: 
Friday, August 16, 2019
Abstract in English: 
Based on a survey of 56,000 youths aged 15-35 years old from six countries in the South-East Asia region (ASEAN), this report analyses the views of young ASEAN citizens on future of work, skills and technology. The survey finds that ASEAN youths are highly aware of potential disruption and challenges brought by the Fourth Industrial Revolution to the local labour markets, and they are aware they must constantly upgrade their skills. It also details their skills gap, their future career aspirations and their preferences on skills training. The survey was conducted in partnership with Sea.
File: 
Country of publication: 
Cover page image: 
Number of pages: 
17
Share: 

Incentivizing responsible and secure innovation Principles and guidance for investors

Date of Editorial Board meeting: 
Publication date: 
Wednesday, July 3, 2019
Abstract in English: 
This report proposes an innovative focus on cybersecurity incentives for the investment community. Investors in innovation and technology-driven companies have a responsibility to ensure that cybersecurity is given priority in the early stages of product development. By ensuring cybersecurity from the outset – including features like security-by-design and security-by-default – investors can increase the likelihood of company success in the long term, promote more durable technology and improve overall cyber resilience. This report proposes principles for investors that will raise their internal cybersecurity awareness and offers a complete framework enabling investors to assess the cybersecurity preparedness of their target company.
File: 
Country of publication: 
Cover page image: 
Share: 

Top 10 Emerging Technologies 2019

Date of Editorial Board meeting: 
Publication date: 
Tuesday, July 2, 2019
Abstract in English: 
The technologies on the list, which is curated by members of the Forum’s Expert Network, are selected against a number of criteria. In addition to promising major benefits to societies and economies, they must also be disruptive, attractive to investors and researchers, and expected to have achieved considerable scale within five years. “From income inequality to climate change, technology will play a critical role in finding solutions to many of the challenges our world faces today. This year’s emerging technologies demonstrate the rapid pace of human innovation and offer a glimpse into what a sustainable, inclusive future will look like,” said Jeremy Jurgens, Chief Technology Officer at the World Economic Forum. “Technologies that are emerging today will soon be shaping the world tomorrow and well into the future – with impacts to economies and to society at large. Now that we are well into the Fourth Industrial Revolution, it’s critical that we discuss and ensure that humanity is served by these new innovations so that we can continue to prosper,” said Mariette DiChristina, Editor-in-Chief of Scientific American, and chair of the Emerging Technologies Steering Committee.
File: 
Country of publication: 
Cover page image: 
Share: 

Data Science in the New Economy: A new race for talent in the Fourth Industrial Revolution

Date of Editorial Board meeting: 
Publication date: 
Tuesday, July 2, 2019
Abstract in English: 
As the Fourth Industrial Revolution unfolds, led by advances in technologies such as data science and artificial intelligence, the labour market is again changing in a fundamental fashion. In 2018 the Future of Jobs Survey and Report revealed that business leaders believe that by 2022, human workers and automated processes are set to share the workload of current tasks equally, while a range of new roles is expected to emerge simultaneously as digital innovation is absorbed across industries and regions. While the new labour market is changing at a rapid pace, emerging data sources are shedding light on its composition with a new depth and dynamism that has not previously existed. This Report focuses on data science, among the most competitive skills of the Fourth Industrial Revolution, in collaboration with Burning Glass Technologies, LinkedIn and Coursera to shed light on how data science talent is being developed and deployed across today’s labour market.
File: 
Country of publication: 
Cover page image: 
Share: 

The Future of Jobs Report 2018

Date of Editorial Board meeting: 
Publication date: 
Monday, September 17, 2018
Abstract in English: 
The Fourth Industrial Revolution is interacting with other socio-economic and demographic factors to create a perfect storm of business model change in all industries, resulting in major disruptions to labour markets. New categories of jobs will emerge, partly or wholly displacing others. The skill sets required in both old and new occupations will change in most industries and transform how and where people work. It may also affect female and male workers differently and transform the dynamics of the industry gender gap.
The Future of Jobs Report aims to unpack and provide specific information on the relative magnitude of these trends by industry and geography, and on the expected time horizon for their impact to be felt on job functions, employment levels and skills.
File: 
Country of publication: 
Cover page image: 
Number of pages: 
147
Share: 

Building a Smart Partnership for the Fourth Industrial Revolution

Date of Editorial Board meeting: 
Publication date: 
Friday, April 27, 2018
Abstract in English: 
The emerging technologies of the Fourth Industrial Revolution offer unprecedented avenues to improve quality of life, advance society, and contribute to global economic growth. Yet along with greater prospects for human advancement and progress, advancements in these technologies have the potential to be dramatically disruptive, threatening existing assumptions around national security, rules for international cooperation, and a thriving global commerce. This report by the Atlantic Council’s Scowcroft Center for Strategy and Security and the Korea Institute for Advancement of Technology (KIAT) addresses emerging technologies in key areas of the Fourth Industrial Revolution and explores innovative ways by which the United States and the Republic of Korea can cooperate around advancements in artificial intelligence and robotics; biotechnology; and the Internet of Things.
Each chapter focuses on one of these scientific advancements, with two authors exploring the technology from the perspective of the United States and the Republic of Korea, respectively. Building off the work already underway in both countries, the authors of this report examine opportunities for continued growth and development in these key areas, offering concrete, distinct recommendations for increasing US-ROK cooperation around each technology as the world moves further into the Fourth Industrial Revolution.
File: 
Country of publication: 
Cover page image: 
Number of pages: 
92
Share: 

Digitally-enabled automation and artificial intelligence: Shaping the future of work in Europe’s digital front-runners

Date of Editorial Board meeting: 
Publication date: 
Wednesday, October 25, 2017
Abstract in English: 
Technology in many ways is perfectly conceived to operate in the workplace, bringing an ability to operate around the clock at increasing levels of accuracy and productivity. Since the Industrial Revolution, machines have been the ideal colleague, performing some of the most mind-numbing tasks and freeing up human partners to do more interesting and productive things. However, in the near future, new digital technologies are set to take the next step, graduating from the factory floor to the boardroom and applying themselves to more complex, cognitive activities.
Technologies such as artificial intelligence (AI) are a game changer for automation in the workplace. Like ambitious young go-getters, they promise to take on more responsibility and make better decisions, and the implications for workers, companies, and policy makers are significant and pressing.
The impact of new digital technologies on the labor market has led to the coining of the phrase “technological unemployment,” which describes a view of how the industrialization of the workplace may play out. However, that perspective ignores the other side of the technological coin, which is that automation also creates jobs and brings a positive economic impact from its ability to boost innovation and productivity, and offers advances in fields including healthcare, retail and security.
This report is an attempt to provide a long-term view of how that balance may develop, based on scenarios of how digital automation and AI will shape the workplace, and calibrated to sensitivities around the economy, productivity, job creation and skills.
File: 
Country of publication: 
Cover page image: 
Number of pages: 
72
Share: 

ASEAN 4.0: What does the Fourth Industrial Revolution mean for regional economic integration?

Date of Editorial Board meeting: 
Publication date: 
Tuesday, November 14, 2017
Abstract in English: 
The report, ASEAN 4.0: What Does the Fourth Industrial Revolution Mean for Regional Economic Integration?, analyses how emerging technologies will reshape South-East Asia, and identifies actions for ASEAN leaders to prepare for the deep transformations that lie ahead. The report acknowledges the many existing national strategies for the Fourth Industrial Revolution, such as Thailand 4.0 or Singapore’s Smart Nation initiative. But it argues that ASEAN must think at the regional level, not the national level.
File: 
Country of publication: 
Cover page image: 
Number of pages: 
20
Share: 

Innovation-Led Economic Growth: Transforming Tomorrow’s Developing Economies through Technology and Innovation

Date of Editorial Board meeting: 
Publication date: 
Tuesday, September 5, 2017
Abstract in English: 
The world faces a confluence of changes and technological advances that are fundamentally altering the relationship between individuals, economies, and society. Innovations in a diverse set of fields including robotics, genetics, artificial intelligence, Internet-enabled sensors, and cloud computing are individually disruptive. Collectively they are world changing. Experts around the world have come up with different names and descriptions for this phenomenon: Klaus Schwab calls it the “fourth industrial revolution”; Alec Ross points toward the “industries of the future”; Steve Case recognizes it as the “third wave” of the Internet; and Martin Ford looks toward the “rise of the robots.”

Although these thinkers have slightly different visions for the future, there is a shared recognition that existing assumptions and economic models need adjustment. For both developed and developing countries, the innovation- and technology-driven economy offers significant risks and opportunities. On the one hand, this change offers the potential for increased global prosperity, efficiency, and quality of life. On the other hand, if poorly managed, this transition could disrupt employment models, pathways out of poverty, and stability around the world.
File: 
Country of publication: 
File Original Language: 
Cover page image: 
Number of pages: 
60
Share: 

Accelerating Workforce Reskilling for the Fourth Industrial Revolution

Date of Editorial Board meeting: 
Publication date: 
Thursday, July 27, 2017
Abstract in English: 
Continuous learning lies at the heart of thriving in the context of the Fourth Industrial Revolution. The skills required for most jobs are evolving rapidly but our adult education and training systems are lagging behind. While 35% of the skills demanded for jobs across industries will change by 2020, at least 1 in 4 workers in OECD countries is already reporting a skills mismatch with regards to the skills demanded by their current jobs. Thus, enabling and empowering workers to transform and update their skills is a key concern for businesses and societies across the globe.

In order to create a robust and inclusive adult education and training system, leaders from across business, government and civil society need to start laying a common foundation through strategic and coordinated action. This White Paper lays out key pathways for change and illustrates successful examples of implementation to inspire broad-based transformation. It is the outcome of a Dialogue Series in the World Economic Forum’s System Initiative on Shaping the Future of Education, Gender and Work, drawing upon submissions by leaders and experts who engaged in the dialogue, as well as the latest thinking from international organizations, think tanks, businesses and other stakeholders.
File: 
Country of publication: 
Cover page image: 
Number of pages: 
22
Share: 

Pages

Subscribe to RSS - Fourth Industrial Revolution