The 4th Industrial Revolution

The 4th Industrial Revolution

The speed of current breakthroughs has no historical precedent

When compared with previous industrial revolutions, the Fourth is evolving at an exponential rather than a linear pace. Moreover, it is disrupting almost every industry in every country. And the breadth and depth of these changes herald the transformation of entire systems of production, management, and governance.

Read more about it on Weforum.

And Covid-19 could well be accelerating the digital transformation.

Automation and AI will lift productivity and economic growth, but millions of people worldwide may need to switch occupations or upgrade skills

A 2020 report from the World Economic Forum finds that by 2022, much job growth will come from seven professional areas:

• care economy e.g. physiotherapists, fitness trainers

• data and AI e.g. data scientist

• engineering and cloud computing e.g. cloud engineer, python developer

• sales marketing and content e.g. social media coordinator

• human resource e.g. recruiter

• product development e.g. quality assurance engineer

• green industry e.g. sustainability officer, wastewater engineer