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.
Corporate social responsibility is measured in terms of businesses improving conditions for their employees, shareholders, communities, and environment. But moral responsibility goes further, reflecting the need for corporations to address fundamental ethical issues such as inclusion, dignity, and equality.
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.
As technology increasingly takes over knowledge-based work, the cognitive skills that are central to today's education systems will remain important; but behavioral and non-cognitive skills necessary for collaboration, innovation, and problem solving will become essential as well.
With the cloud, you don't own anything. You already signed it away.
Cyberspace. A consensual hallucination experienced daily by billions of legitimate operators, in every nation, by children being taught mathematical concepts.
Give ordinary people the right tools, and they will design and build the most extraordinary things.
The only reason we don't notice how absolutely interwoven our thinking processes have become with older technologies - pencils, paper, electric light, penicillin, fire - is that they're old, so we've ceased to notice their effects.
Certainly there's a phenomenon around open source. You know free software will be a vibrant area. There will be a lot of neat things that get done there.
Technology determines the possibilities of society. It doesn't matter whether you start out from a fascist state or a communist state or a free-market state
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