The opportunity to leverage open platforms to enhance life is endless. However, strong leadership will be instrumental to harness the power of data-driven technology. As more corporations and nations retreat into defensive crouches, bold approaches to governance are in short supply. Lest we succumb to digitally-fueled paranoia, this much change.
We are both titillated and anxious at the dawn of “The Fourth Industrial Revolution,” an era characterized by ubiquitous technology and “smart cities” that blur the lines between physical, digital, and biological devices. Applications, an intimidating stream of acronyms, encompass artificial intelligence (AI), augmented reality (AR), virtual reality (VR), internet of things (IoT) and autonomous vehicles (AV).
But the Fourth Industrial Revolution can be human-centric. The World Economic Forum (WEF), organizers of the China “Summer Davos” session dedicated to the topic, advocates that “technology is about empowering people, not the rise of machines.”