It is apparent that the current revolution, heralded as the fourth industrial revolution, is navigating the possibilities of billions of people connected through mobile devices with unprecedented access to data/ information. The people will get the benefit of emerging technologies in the field of Artificial Intelligence (AI), autonomous vehicles, 3-D printing, robotics, virtual reality, the Internet of Things, nanotech, materials science, energy storage and quantum computing. According to Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum and author of The Fourth Industrial Revolution, the uniqueness of this revolution is that its speed is unprecedented with its scale, scope and complexity evolving globally at an exponential pace and disrupting every aspect of life. It is clear that these monumental changes will transform almost all systems of production, management, and governance.
Source: Barandbench
