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.
Yes, I was the one people credit with inventing the cell phone. Now, whenever anyone gets a dropped call, they blame me.
You have to assume that everything you do is public knowledge. Everything. Because now everyone is a reporter. Everyone is a photographer.
Progress is possible only if we train ourselves to think about programs without thinking of them as pieces of executable code.
We are now spending half a trillion dollars on foreign oil, importing 62 percent of the oil we use, and we haven't had the leadership in D.C. to do anything about it. We've got to move to other sources of energy. But we've gotten way behind, and will continue to pay the fiddler. It's not a good future.
Rushing to optimize before the bottlenecks are known may be the only error to have ruined more designs than feature creep. From tortured code to incomprehensible data layouts, the results of obsessing about speed or memory or disk usage at the expense of transparency and simplicity are everywhere. They spawn innumerable bugs and cost millions of man-hours - often, just to get marginal gains in the use of some resource much less expensive than debugging time
The helicopter is probably the most versatile instrument ever invented by man. It approaches closer than any other to fulfillment of mankind's ancient dreams of the flying horse and the magic carpet.
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