As the Fourth Industrial Revolution gathers momentum, decision-makers from the public and private sectors are confronted with a new set of uncertainties regarding the future of production. Rapidly emerging technologies—such as the Internet of Things, artificial intelligence, wearables, robotics and additive manufacturing—are spurring the development of new production , techniques, business models, and value chains that will fundamentally transform global production. Both the speed and scope of change add a layer of complexity to the already challenging task of developing and implementing industrial strategies that promote productivity and inclusive growth. The report seeks to build awareness on the factors and conditions required to transform production systems and help countries assess readiness for the future.
Source : World Economic Forum
Category : Investment
Publish Date : January 12, 2018