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.
A new bubble will replace the old one. A new technology will come along to fix the messes we made with the last one. In a way, that is the story of the settling of the Americas, the supposedly inexhaustible frontier to which Europeans escaped.
The strength of the computer lies in its being a logic machine. It does precisely what it is programed to do. This makes it fast and precise. It also makes it a total moron; for logic is essentially stupid.
Proprietary software is an injustice.
The idea that Bill Gates (one of the founders of Microsoft) has appeared like a knight in shining armour to lead all customers out of a mire of technological chaos neatly ignores the fact that it was he, by peddling second rate technology, led them into it in the first place...
Internet TV and the move to the digital approach is quite revolutionary. TV has historically has been a broadcast medium with everybody picking from a very finite number of channels.
What it comes down to for me is this: Will the technologies of communication in our culture, serve to enlighten us and help us to understand one another better, or will they deceive us and keep us apart?
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