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Fourth Industrial Revolution
The Fourth Industrial Revolution, 4IR, or Industry 4.0, conceptualizes rapid change to technology, industries, and societal patterns and processes in the 21st century due to increasing interconnectivity and smart automation. The term has been used widely in scientific literature, and in 2015 was popularized by Klaus Schwab, the World Economic Forum Founder and Executive chairman. Schwab asserts that the changes seen are more than just improvements to efficiency, but express a significant shift in industrial capitalism. A part of this phase of industrial change is the joining of technologies like artificial intelligence, gene editing, to advanced robotics that blur the lines between the physical, digital, and biological worlds. Throughout this, fundamental shifts are taking place in how the global production and supply network operates through ongoing automation of traditional manufacturing and industrial practices, using modern smart technology, large-scale machine-to-ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Klaus Schwab
Klaus Martin Schwab (; born 30 March 1938) is a German engineer, economist and founder of the World Economic Forum (WEF). He has acted as the WEF's chairman since founding the organisation in 1971. Life Schwab was born to Eugen Wilhelm Schwab and Erika Epprecht in Ravensburg. His parents had moved from Switzerland to Germany during the Third Reich in order for his father to assume the role of director at Escher Wyss AG. Schwab's family was monitored by the Gestapo, which in 1944 also interrogated his mother (who was from Zürich) for using a Swiss accent in public. Schwab was raised Catholic. He is a citizen of Germany although he has three Swiss grandparents and two Swiss brothers. Schwab has been married since 1971 to Hilde Schwab, a former assistant of his. The wedding took place in Sertig Valley at a Reformed church. The couple live in Cologny in Switzerland. The Schwabs have two adult children, Nicole (born 1975/76) and Olivier. Nicole Schwab co-founded the ''Gender Eq ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
