The Fourth Industrial Revolution: Klaus Schwab

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'In this book, Klaus Schwab and the World Economic Forum contribute significantly to one of the most important issues of our time - how to move forward in the Fourth Industrial Revolution' Jack Ma, Executive Chairman, Alibaba Group Holding, People's Republic of China

'It's no secret that technologies are reshaping the world's economies and societies. To manage the risks and spread the benefits, we have to act now, and in the interest of stakeholders everywhere' Andrew McAfee, Co-Founder, MIT Initiative on the Digital Economy, MIT, USA

We are on the brink of the Fourth Industrial Revolution. And this one will be unlike any other in human history.

Characterized by new technologies fusing the physical, digital and biological worlds, the Fourth Industrial Revolution will impact all disciplines, economies and industries - and it will do so at an unprecedented rate. World Economic Forum data predicts that by 2025 we will see: commercial use of nanomaterials 200 times stronger than steel and a million times thinner than human hair; the first transplant of a 3D-printed liver; 10% of all cars on US roads being driverless; and much more besides.

In
The Fourth Industrial Revolution, Schwab outlines the key technologies driving this revolution, discusses the major impacts on governments, businesses, civil society and individuals, and offers bold ideas for what can be done to shape a better future for all.

'The technologies of the Fourth Industrial Revolution are extraordinary. Leadership has to be equally extraordinary to manage the complexities of systemic change' Eric Schmidt, Technical Advisor, Alphabet, USA

Review

The world has fast entered a data and technology-driven era where new opportunities but also challenges are emerging. In this book, Klaus Schwab and the World Economic Forum contribute significantly to one of the most important issues of our time - how to move forward in the Fourth Industrial Revolution ― Jack Ma, Executive Chairman, Alibaba Group Holding, People's Republic of China

It's no secret that technologies are reshaping the world's economies and societies. To manage the risks and spread the benefits, we have to act now, and in the interest of stakeholders everywhere ―
Andrew McAfee, Co-Founder, MIT Initiative on the Digital Economy, MIT, USA

Sheds light on what's at stake for society and how leaders can play a part in shaping the course of history. Klaus makes a powerful call in the book: "We have to shake things up before technological inertia determines our future for us." Act now ―
Zhu Min, Chairman, National Institute of Financial Research, People's Republic of China

The technologies of the Fourth Industrial Revolution are extraordinary. Leadership has to be equally extraordinary to manage the complexities of systemic change ―
Eric Schmidt, Technical Advisor, Alphabet, USA

This book is essential for gaining a perspective on some of the critical challenges that rapid technological change poses to us all: ensuring the wellbeing of societies, understanding the evolving role of governments, and rethinking how the global economy will work in the 21st century ―
Roberto Azevêdo, Director-General, World Trade Organization (WTO), Geneva

The World Economic Forum shows us that improving the state of the world will mean seriously thinking about, and empowering, all of those whose lives are transformed by technologies ―
Peter Maurer, President, International Committee of the Red Cross (ICRC), Geneva

Prosperity with technology means defending the rights of women on the frontline of change, defending the dignity of work for all workers and improving working conditions around the world. A Fourth Industrial Revolution that can do that would benefit us all ―
Sharan Burrow, General Secretary, International Trade Union Confederation (ITUC), Brussels

The Fourth Industrial Revolution is being felt profoundly around the world. Chapter by chapter, special insights from some of the best minds from the World Economic Forum's community show just where leadership focus is needed ―
Luis Alberto Moreno, President, Inter-American Development Bank, Washington DC

The challenge is clear: if we want to create technologies which benefit us all, and help us create more just and inclusive societies, we need to ensure that the values of human dignity and equality become a core design and use principle ―
Shalil Shetty, Secretary-General, Amnesty International, United Kingdom

From the Author

Professor Klaus Schwab is founder and executive chairman of the World Economic Forum, the International Organization for Public-Private Cooperation. In 1998, he created the Schwab Foundation for Social Entrepreneurship, which seeks to identify, recognize and disseminate initiatives in social entrepreneurship that have the potential to be replicated on a global scale. An engineer and economist by training, Professor Klaus Schwab holds doctorates in Economics (summa cum laude) from the University of Fribourg; in Engineering from the Swiss Federal Institute of Technology; and a Masters of Public Administration from the Kennedy School of Government at Harvard University. He has received numerous international and national honours.

Review:

4.4 out of 5

87.69% of customers are satisfied

5.0 out of 5 stars Zis book vill go great in my book collection

M. · 30 September 2022

Finally, itz arrived. Zwe are so lucky to have zuch a mastermind behind zis great reset. Zis is ze best book I have ever read! Five zstars out of 5! Pay no attention to what ze conspiracy theorists zay in ze reviews.

4.0 out of 5 stars We need to talk about technology

D.L. · 21 March 2016

As might be expected from Klaus Schwab, who is a lynch-pin of the World Economic Forum, the Fourth Industrial Revolution is a good, concise and readable guide to the technological breakthroughs happening now, and why they add up to a new industrial revolution, rather than just the "normal" march of invention and innovation. He is much less strong, however, on what "we" (ie the nations of the world and their representatives, and big corporations) should do to seek to ensure that the Revolution is beneficial. "We need to talk" is his bottom line; I guess it's a start.

5.0 out of 5 stars It should be called Dangerous Musings of a Maniac

a.v. · 20 March 2021

If you want to know where the human race is potentially headed then read this because the World Economic Forum is driving many of today’s agendas.Klaus Schwab comes across as a typical male that dreams of science fiction futures and can’t help himself from wanting to open the box of toys and play with them regardless of their dangers to humanity. He speaks of a matrix smart grid and human augmentation through artificial intelligence as a given with no regard for potential downsides. He doesn’t mention anything about wars or say how the last industrial revolutions and the people that drove them have brought us to a point of a sick planet and a dis-functional human race. He ignores the fact that consumerism propelled by industries need to sell goods is the fatal flaw in any industrial revolution.The five star rating is to hopefully get you to read this book, because if you have any concerns about how technocrats are marching forward with Frankenstein experiments on us all then this should bring you down on one side or the other.

3.0 out of 5 stars Inspiring

P. · 2 March 2016

It's rewarding to review the thoughts of Herr Schwab, the personality leading the Davos Forum. It's normal to see that these thoughts are balanced, explaining trends and their pros and cons. It's encouraging to have a clear picture of tendencies that will reform/revolutionize the social, individual, economic fabrics based on an INDUSTRIAL REVOLUTION which is already here and developing extremely fast. I was expecting to see how this REVOLUTION will face the climate change, the billions of people that need food, the political and cultural decline. Descriptive thoughts are useful, commitment lines in order to avoid catastrophes are what is missing.

1.0 out of 5 stars Nowhere Near

J.M. · 16 February 2016

The Fourth Industrial Revolution is really very badly misconceived. And with all respect for Dr. Schwab’s achievements with the World Economic Forum over the years, let’s try to expose below why, sadly, this is so.As he says, there is a much different future coming for all of us, businesses and families alike. But no decision-maker in our midst is going to be left any better equipped to face that future as a result of reading the analyses and prescriptions - or really the lack of both - in this story. In fact, the Fourth Industrial Revolution may well have the impact of diverting energy away from all that ought to be thought and done about our collective socio-economic tomorrow.Now, in a perfectly serviceable (if not awfully readable) way, one is here walked through the list of all the modern and emerging techno-excitements : AI, robotics, wearable computers, blockchain, Big Data, clouds, synthetic biology, etc, etc. But the speech soon becomes a sermon, a dirge of angst about what all the inventiveness of the modern world is doing to good human order. Like too many pastors / preachers before him, Dr. Schwab sees society’s very own 3D-printed, hell-bound handcart waiting in the hard-drive. Hear the incantation start:“…the new technology revolution which entails nothing less than a transformation of humankind”.“Let us together shape a future what works for all by putting people first…”.“We are all in this together and risk being unable to tackle the challenges of the fourth industrial revolution and reap the benefits…unless we collectively develop a sense of shared purpose”.“It is our responsibility to ensure that we establish a set of common values to drive policy choices…”.For like a Billy Graham of the cyber-age, he typically has a vision of the confusions, destructions and pathologies lurking in every corner. Viz:“Our brain, engaged by all the digital instruments that connect us on a 24-hour basis, risks becoming a perpetual-motion machine that puts (sic) in an unremitting frenzy……Decision-makers from all parts of global society seem to be in a state of ever-increasing exhaustion, so deluged by multiple competing demands that they turn from frustration to resignation and despair”.“…individuals, civil society groups, social movements and local communities feel increasingly excluded from meaningful participation in traditional decision-making processes…”.When expert-authors take this tone, one can always tell that precious little evidence in support of any of these claims will be forthcoming. And, so it is the case here. On tiptoe in the pulpit, all one will ever see is the coast of dystopia, un-erodibly nearby.And oh, clichés sweep like whingeing valkyries through the fields of this, well, lightly proofed prose. Let’s not linger on too many examples. Let’s just mention : “Innovation is a complex, social process and not one we should take for granted”. Or : “Academic institutions are often regarded as one of the foremost places to pursue forward-thinking ideas”. Finally : “Companies are no longer able to shirk accountability for poor performance. Brand equity is a prize hard won and easily lost”. Nobody, no matter how distinguished, who writes like this is thinking in a straight line anymore - and certainly not in a creatively curvy one. This is pulp non-fiction.Meanwhile, staff in the better trends agencies and forecasting outfits are taught to use language to, as it were, force them to make intellectual decisions. No junior analysis-maker is every allowed to drive a story into the dead-air signposted by the phrase :" It remains to be seen" or "further research is required". Both such (present here) are really mindless truisms and invariably represent a shirking of the insight-supplier’s responsibility : to actually reveal something new and important and to guide the eyes of the reader to the best available truths. It is a betrayal of the Enlightenment itself to talk of "anecdotal evidence" (here also) when power evidence is available - but often has to be sweatily sifted so that conclusions might, however gingerly, be reached. More, just how often should readers be told about a "paradigm shift"(here) and an "inflection point" (here) in one book, a book which offers itself as a guide to the transformations ahead while using the thought-substituting jargons of the past?There should be little doubt now that a revolution is already being detonated inside global labour and career markets. And Dr. Schwab’s emphasis on this very theme is absolutely correct. But the elimination of income-bearing professions - from Davos to Delhi to Denver - needs urgent analysis of a quality that can lead to practical advice for companies and governments. How actually to preserve lifelong income flows for consumer-citizens? How to adjust universities to cope in utterly radical ways with adults who will, across their lives, need three degrees in order to give themselves a fighting chance of sustainable revenue (as their old skills die faster than species)? How specifically should the language of recruitment now change so that employers and college-leavers alike can share a coherent understanding of how long job contracts (and the commitments they imply) can be expected to last? A negative kind of rapture is busy engulfing the entire culture of career as we have always known it in the West - and we need precision and purpose in the answers we offer. This is no time to waffle or simper or insouciantly understate the scale of the problem on the table. Or write things like:“We should take the opportunity of a transforming economy to redesign labour policies and business practices to ensure that both men and women are empowered to their full extent”. Or:“We can reasonably assume that demand will increase for skills that enable workers to design, build and work alongside technological systems”.This is language which melts into air, into thin air. Well-meaning but un-engaged and un-engaging. Lofty, toothless, trite.And do we think that this muzak of lazy exhortation, fond hoping and nice-people ethics are really going to turn heads towards a new and sharper realisation of the shape of things to come - the heads of Wall Street, the Government of France, Silicon Valley, the Ivy League, the European Central Bank, the US Administration, the Fortune 500, entrepreneurs everywhere…. all those who have to make big decisions about technologies and jobs, investments and retrenchments, spending priorities and new agenda selections? Not a chance.Dr. Schwab writes a book called The Fourth Industrial Revolution, presumably with such leadership audiences in view, the people who will (here we all presumably agree) have big decisions to take about the future of workforces and of the general prosperity on which we all depend. As a summary of the techno-driven changes to come, the book is indeed serviceable. But he must surely have had a higher ambition than that. In the complexity-rapids of the fourth revolution, we do indeed need some pretty rugged intellectual helmsmanship. This book is not close to being on point.

5.0 out of 5 stars Fasicnating and easy to read.

A.C. · 28 July 2017

I fascinating or possibly scary incite to the future. Really enjoyable read which will make you think about what the future holds for us all and the planet. How will Governments and communities react and cope with the issues covered in the book. Some great references to further reading. A quick and easy to read book.

4.0 out of 5 stars A Good Place to Start

A.C. · 7 April 2016

Interesting read. I enjoyed it in some parts. Schwab has done his research and touches on the key areas of innovation that may impact on our future. Stress on the word "touches".

5.0 out of 5 stars An extraordinary book that will enable new Business Models, Product and Services in Africa.

M.E. · 13 January 2016

Today, the vision of the Top African CIO’s is to drive their businesses through digital transformation. This book will certainly bring value in their organisations and will also help them maximise impact in their communities. The most exciting thing about this book it that our African women Technologists pushing STEM (Science, Technology, Engineering and Mathematics) subjects in schools and villages, coders from Dakar to Kampala will have the chance to read it and hopefully have their lives changed.On behalf of all the Women Digital Leaders in Africa, Thank you for the wisdom, creativity and clarity in this book.Marieme Jamme (CEO)

Outstanding Insight into Technology and the Future

M.D. · 20 June 2021

Mr. Schwab certainly provides a thought provoking look at the changing world around us. The book is relatively short and technical concepts are explained in an easy to understand narrative. It is divided into three parts. The author starts by defining the 4th industrial revolution. The 2nd chapter then gives the underlying drivers for change. The 3rd chapter is where the author examines distinct categories such as the economy, business, national & global, and society. By evaluating each category individually, the reader can easily grasp the issues for that area. The book concludes with an appendix that is extremely comprehensive. It provides specific examples of 4th generation technology and how pervasive each development will become in society.The book was written in 2016 in preparation for that year’s World Economic Forum. The advantage of reading this book four years after publication is that one can judge the accuracy of its predictions. One need only look at the polarizing effect of social media on American society and the susceptibility of people to believe what should be obvious disinformation. The author makes an insightful point that this revolution can either robotize humanity, or we can use technology to lift humanity to a new level of moral consciousness.Bottom Line, This is a succinct look at how technology is both advancing and changing society at an accelerating pace. After reading this book, each reader will likely take a moment to ponder the future of our world.

concetti ormai vecchi

F. · 18 July 2023

è un buon libro, ma è invecchiato molto male. Prendetelo se cercate le origni delle moderne politiche di innovazione, non se volete nuove idee.

A must read for anyone working on Industry 4.0 projects

S.L. · 21 July 2021

A must read for anyone working on Industry 4.0 projects. It gives a broader perspective about the value, challenges, and scale of the industry 4.0 standard, that is emerging to be the most disruptive paradigm in the manufacturing industry across the world.Although this can serve as a background reference book, it is written in a very fluid manner and makes for very enjoyable reading. I bought the kindle version.

Imprescindible para entender esta revolución en la que andamos inmersos

E. · 26 April 2021

Me compré dos los libros y por ahora me esta gustado bastante. Una visión hace la 4 revolución “Industrial” - diría que 2 digital ...

Top Analyse

S.H. · 19 February 2020

Tolle Analysen. Auch 4 Jahre nach den Erscheinen hat das grundsätzliche Thema nicht an Aktualität verloren.

The Fourth Industrial Revolution: Klaus Schwab

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