The most lucid analysis of Industry 4.0 and its prospects I have come across is by none other than Stephen Fry, the British polymath and comedian, available at http://www.stephenfry.com/2017/05/the-way-ahead/ – a succinct summary of his new book ‘Mythos’.
Something deep in our DNA leads us, at this time of year, to attempt to chart what the new year will bring. My long experience is that specific technology predictions are not only mostly wrong, but hugely wrong. Those caught up in technology development rarely comprehend the array of complementary capabilities that will support the technology development, and even less the social drivers that shape the space that a new technology can occupy. But thinking about potential confluences of human and social need, and technology capability can provide useful insights. The UK NESTA’s predictions for 2018 are worth contemplating – https://www.nesta.org.uk/2018-predictions?utm_source=Nesta+Weekly+Newsletter&utm_campaign=31fa1a8422-EMAIL_CAMPAIGN_2017_12_18&utm_medium=email&utm_term=0_d17364114d-31fa1a8422-181314229.
And happy New Year to all our readers.
Then rush to the latest annual Economist Intelligence Unit prognostications, available in our publications folder.
The Innovation Advisory of the Warren Centre, of which I am co-chair with Christine Chen, has offered some interesting thoughts on what companies need to do to get fit and resilient. Read more at https://thewarrencentre.org.au/resilient-businesses-building-businesses-maximise-innovation/ and https://thewarrencentre.org.au/resilient-businesses-building-businesses-maximise-innovation-part-2/
We are seeing regular references, and exhortations from politicians (who would know nothing), to join the Industry 4.0 revolution before its too late. What is it? ever-ready Wikipedia tells us
- shifting the focus of 4IR from military and advertising to ends that really matter – healthcare, mobility and education
- shifting participation; development is largely hidden away in the big IT companies, and governments who will knee-jerk “commercial in confidence”; open it up to all.
- humanising 4IR – most of the focus is on the worst human traits – exploitation, demonisation, exclusion; turn its undoubted capacities to the human needs to care, cure and relate
- Proponents of 4IR ignore the long history of the complementary innovations that are needed to connect new technological capabilities to human needs.
To learn more about the taming of 4IR, go tohttps://www.nesta.org.uk/blog/how-can-fourth-industrial-revolution-be-made-good