8 years, 1 month ago

Time to adapt to an automated future

CAI MENG/CHINA DAILY The tsunami of technological innovation will continue to change profoundly how we live and work, and how our societies operate. In what is now called the Fourth Industrial Revolution, technologies that are coming of age－such as robotics, nanotechnology, virtual reality, 3D printing, the Internet of Things, artificial intelligence and advanced biology－will converge. The Second Industrial Revolution ushered in electrification, large-scale production, and new transportation and communication networks, and created new professions such as engineering, banking and teaching. During the Third Industrial Revolution, modes of production were further automated by electronics and by information and communication technology, with many human jobs moving from manufacturing to services. And to ensure the Fourth Industrial Revolution translates into economic growth and bears fruit for all, we must work together to create new regulatory ecosystems.

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