We often hear people talk about the concept of 'uberization,' where a new technology completely turns an industry on its head and forces us to rethink the way things have always been done. No industry will remain untouched by these forces.
Interpretation
The quote highlights how disruptive technologies can transform entire industries and change traditional practices.
Klaus Schwab's quote emphasizes the profound impact that new technologies, encapsulated by the term 'uberization', can have on various industries. This concept illustrates that as innovative solutions emerge, they can radically alter established norms and operations, compelling us to rethink the conventional approaches and practices we have long accepted. The assertion that no industry will remain untouched underscores the pervasive influence of technological advancements across all sectors of society.
In practice
In a tech conference focused on future trends, one could use this quote to discuss the importance of adapting to new technologies.
We must address, individually and collectively, moral and ethical issues raised by cutting-edge research in artificial intelligence and biotechnology, which will enable significant life extension, designer babies, and memory extraction.
Of all the many leaders I have met in the course of my life, none made a deeper impression on me than Nelson Mandela. His courage, compassion, humility and wisdom were without parallel on the world stage, and he himself was an enduring source of inspiration.
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Talent is a by-product of education; the quality of a country's human capital depends on it.
The world must become aware of the fantastic transformational power of social entrepreneurship and the Foundation will work as a catalyst in this effort.
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The fuel cell is just a fundamentally inferior way of delivering electrical energy to an electric motor than batteries.
Bullhorns are overrated: having ten times as many Twitter followers generates approximately zero times as much value.
China is a great manufacturing center, but it's actually mostly an assembly plant. So it assembles parts and components, high technology that comes from the surrounding industrial - more advanced industrial centers - Japan, Taiwan, South Korea, Singapore, the United States, Europe - and it basically assembles them.
Technology is huge; I wanted to learn about it. People might say that's odd, but I think it's odd if artists aren't interested in the world around them. I'm always chasing that.
Netscape brought the Internet alive with the browser. They made the Internet so that Grandma could use it, and her grandchildren could use it. The second thing that Netscape did was commercialize a set of open transmission protocols so that no company could own the Net.
I understood the importance in principle of public key cryptography but it's all moved much faster than I expected. I did not expect it to be a mainstay of advanced communications technology
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