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.
For all the opportunities that arise from the Fourth Industrial Revolution - and there are many - it does not come without risks. Perhaps one of the greatest is that the changes will exacerbate inequalities. And as we all know, a more unequal world is a less stable one.
Interpretation
What this quote means
The Fourth Industrial Revolution offers many opportunities but also poses risks that could worsen social inequalities.
Klaus Schwab highlights the dual nature of the Fourth Industrial Revolution, recognizing that while it presents numerous opportunities for advancement and innovation, it carries significant risks that may deepen existing inequalities. As technological and industrial changes occur, it is crucial to acknowledge that an unequal society can lead to instability, urging stakeholders to address these disparities to ensure a more equitable future.
Themes
In practice
Example use cases
In a conference discussing technological advancements, one could use this quote to address concerns about social impacts.
More from Klaus Schwab
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