The Fourth Industrial Revolution and the technological advances it brings are changing our lives as politicians, business leaders, and academics try to keep up.
The Fourth Industrial Revolution (4IR) is here. As the physical, digital, and biological worlds collide through advances in technology, the Fourth Industrial Revolution is drastically changing the way we live, work, and communicate. If used correctly, new technologies can be powerful tools for good. Artificial Intelligence can increase productivity by developing systems that can automate simple tasks, allowing workers to focus on complex issues. Billions of devices are connected to the internet, and through the Internet of Things(IoT), they can communicate to improve energy efficiency and analytics. Autonomous vehicles can make our roads safer, reduce traffic and emissions, and improve access to transportation. Businesses and individuals can take advantage of 4IR by adopting technologies that allow them to reduce costs and make better and faster decisions.
Similar to previous industrial revolutions, organizations and governments must expand their thinking to adapt and implement new technologies to take full advantage of their benefits. Klaus Schway, Executive Chairman of the World Economic Forum and author of the book The Fourth Industrial Revolution, explains “The more we think about how to harness the technology revolution, […] the more we will have an opportunity to shape the revolution in a manner that improves the state of the world.”
The Fourth Industrial Revolution is well on its way transforming some pillars Tucson’s economy. With companies like TuSimple working on driverless trucks, Hexagon’s focus on autonomous technology, and startup RentLab’s online platform to improve rental housing in cities, 4IR is alive in Tucson.
Be sure to catch Dr. Jay Richards, Senior Fellow and Director of Research at the Discovery Institute and author of “The Human Advantage: The Future of American Work in the Age of Smart Machines”. He will be our plenary speaker for the day discussing the calamity or cornucopia presented by the Fourth Industrial Revolution.
Visit tenwest.com to buy your tickets today!