Machines can provide us with the necessary information and perspectives required to resolve issues. However, the world will always require human intelligence, wisdom and skills.
The fourth industrial revolution is no longer the future but the reality. Individuals and machines are now connected to each other. Through cutting-edge technology, unparalleled processing power and speed, and massive storage capacity, data are being collected and stored more than ever before. Automation, machine learning, mobile computing and artificial intelligence are our new reality.
Many individuals fear these changes and view them as a threat to their skillset. On the contrary, these innovations should be perceived to enhance the industry and the world. The revolution can heighten standards of living, improve safety and security, and boost human capacity. Therefore, it is critical for people to start embracing this ongoing change. The machines can provide us with the necessary information and perspectives required to resolve issues. However, unlike humans, they will not be able to furnish organisations’ with the judgement or intelligence required to complete tasks. The world will always require human intelligence, wisdom and skills.
Software and technology have the capacity to empower people like never before – unlocking the hidden creativity, perception and imagination of individuals at every level of the organisation. This shift will allow employees to make wiser decisions, solve tougher problems and perform better at their jobs. The aim of the revolution is to combine the power of data and people across global industries. The productivity unleashed could be similar to that of the first industrial revolution. However, the impact of the Fourth Industrial Revolution will be greater than the first.
Source: We Forum
Participate in the 11th QS WorldClass from 16-18 April 2018. Be engaged with higher education professionals and industry partners, and examine the “Changes in university/industry interaction” needed to be in line with the ongoing changes in the current economy.