Technology is going to revolutionize almost every sector, leading to the demise of many traditional professions. Economic and political power will be determined less by a country's size than by its technological superiority.
Interpretation
Technology is changing industries and will redefine power dynamics between nations.
In this quote, Klaus Schwab highlights the transformative impact of technology on various sectors, suggesting that traditional jobs may disappear as new innovations emerge. He argues that a country's global standing will increasingly depend on its technological advancements rather than its population size or natural resources, signaling a shift in how power is understood in the modern world.
In practice
In a speech about future job markets, you could use this quote to discuss the impact of automation.
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.
Technology enabled Rappler's fast growth starting in 2012, but we were also among the first victims when social media was weaponized in 2016.
When I took office, only high energy physicists had ever heard of what is called the Worldwide Web... Now even my cat has its own page.
With work increasingly invisible, it's much harder to grasp the human effects, the social contours, of the Internet economy.
What I think is coming instead are much more organic ways of organizing information than our current categorization schemes allow, based on two units - the link, which can point to anything, and the tag, which is a way of attaching labels to links. The strategy of tagging - free-form labeling, without regard to categorical constraints - seems like a recipe for disaster, but as the Web has shown us, you can extract a surprising amount of value from big messy data sets.
The internet has been a boon and a curse for teenagers.
There's always been a lot of information about your activities. Every phone number you dial, every credit-card charge you make. It's long since passed that a typical person doesn't leave footprints.
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