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INDUSTRIAL

REVOLUTION
4th Industrial Revolution

collaboration
innovation agility
visionary integrity
impactful
What is an industrial revolution?

When there are major changes in...

Industry Economy Transportation Society (social structure)

The way we work, buy The way we travel The way we live
and sell things

It’s usually new ways of thinking and doing and


new technologies that cause the change to
happen.
Number of industrial revolutions so far?

3
And we are now starting number 4. It is changing...
The way we work, buy The way we travel The way we live
and sell things

4 th Industrial Revolution
HEADING: 2030 COVFEFE
HEADING: 2030 COVFEFE
HEADING: 2030 COVFEFE
HEADING: 2030 COVFEFE
4th Industrial Revolution
What’s happening?

Different technologies are coming together


(convergence)
Physical
This is bringing different areas together Digital
Biological

This affects social & economic sectors

The way we work, buy The way we travel The way we live
and sell things
What is it?
• AI
• Robotics
• Automation
• genetic engineering/biotechnology
• Nano technology
• AUTONOMOUS
What is the impact?
• Oxford: %47-81% of jobs under threat in 20 years
• McKinsey Quarterly:
Almost half of current job activities can be
automated.
• World Economic Forum:
Predicts loss of 5m jobs in the next 5 years
What is the impact?
• Oxford: %47-81% of jobs under threat in 20 years
• McKinsey Quarterly:
Almost half of current job activities can be
automated.
• World Economic Forum:
Predicts loss of 5m jobs in the next 5 years
• The International Labour Organisation
137 Million SE Asian Workers Could Lose Their Jobs
in the Next 20 Years
What is happening already?

Different technologies coming together and


bringing different areas together

New products & services


with increased efficiency
(working better and faster)
for a better life

Order a taxi (Uber) Book accommodation


What is happening already?

Buying goods online

Learning online – education

Listen to music

Watch a film

Play an online game


Paying bills online
Being developed or new on the market
Artificial intelligence
Robotics

Virtual reality
3D printing
Self
driving
cars

Internet of Things (IoT)

Quantum computing Metadata & analytics

Bioengineering
Digital currencies and blockchain
Pluses & minuses

See there are advantages and risks For example

Connection Inability to change

Efficiency People not ready and skilled

Improve lives Not able to capture benefits

New opportunities Inequality may grow


4IR is disruptive & affects everything

All industries are being impacted by this disruption


We have to consider:

Focus on developing skills

Based on partnerships across all


stakeholders.
Critical skills needed
Critical thinking
Influence curriculum Communication
Collaboration and teamwork
Complex problem solving
Creativity
Influence approaches to Emotional intelligence
teaching & learning Global awareness
Financial, economic, business and
entrepreneurial literacy
Civic literacy
Health literacy
New skills and
Environmental literacy
competencies required Computational thinking
Judgement and decision making
Service orientation
Negotiating
Cognitive flexibility
7 forerunners in the world 7 forerunners in the world

Finland
Switzerland
Sweden generating economic
impact from investments
Israel
in ICTs
Singapore
Netherlands
United States

According to the World Economic Forum’s Global


Information Technology Report 2016.
Understanding the system Understanding the system

For nearly a decade, we have been talking about the


opportunities technology gives us...
4 to unlock effective citizen service delivery,
4 enhance customer experience
4 and bring about innovative solutions
4 for a better life for all

A number of things were not known at the time More importantly the societal aspect was largely
missed

Today addressing youth unemployment & harnessing human innovation


forms part of the whole
Some threats and opportunities…
Some threats and opportunities…

Cybersecurity: protecting
Increase of mobile and
organisations and their
internet use comes with
customers’ data, assets and
own threats – cybersecurity
reputations. Also fundamental
– become a massive
to successful digital
global problem. We need
transformation.
the e-skills to combat this.

Digital skills enable services growth.


Service industries require digital skills as part
of transitioning its population from low-skill and
low-pay jobs to high-skill and high-pay jobs.
Data gathering for shaping the Digital Economy Data gathering

“Going forward, it will be important


to reinforce data gathering efforts in
order to more closely track the
distributional impacts of the current
transformations.

This will make it possible to shape


the digital economy in a way that
delivers broadbased gains.”

Silja Baller, World Economic Forum


Collaboration for impact Innovation opportunities

4IR has lots of opportunities for innovation.

You need to have the digital skills (e-skills) to


make use of those opportunities.
What can be done?
• Shorter working hours
• Universal Basic Income
• Education
• Adapt

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