Klaus Schwab to Asharq Al-Awsat: The 4th Industrial Revolution a Two Edged Sword

Klaus Schwab to Asharq Al-Awsat: The 4th Industrial Revolution a Two Edged Sword Dubai- Executive Chairman of the World Economic Forum, Klaus Schwab, said that what is being called the 4th Industrial Revolution is a two-edged sword that brings upon both opportunity and risk. The 4th Industrial Revolution is said to enable community potential, yet also bares some grave risks. Professor Schwab clarified that modern technology, artificial intelligence, self-driving cars, biotechnology and block chain, will usher in mass changes unlike other revolutions. Schawb, in declarations made to Asharq Al-Awsat on the sidelines of the World Government Summit 2016 in Dubai, added that despite the possible benefits of the 4th Industrial Revolution, especially the environmental ones, concerns are present on the increasing inequality, war influence, and communities interacting with one another.…


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