How to lead in the Fourth Industrial Revolution
once upon a time
there were plenty of jobs for people who
used to drive horse-driven carriages
they were called coachmen
when the first industrial revolution
came
with steam engines
these jobs were no longer in demand
once upon a time
there were plenty of jobs for weavers
when the second industrial revolution
came
with electricity
and mass production
these jobs were no longer in demand
once upon a time
there was a world championship for
typists who used to type on typewriters
when the third industrial revolution
came
with personal computing and automation
the jobs of typists were no longer
needed
with every industrial revolution
there are many jobs that will go away
and many other opportunities will get
created
and in the fourth industrial revolution
so many jobs will go away
and new opportunities will get created
so definitely
we will need designers
for human genes to eliminate certain
illnesses we will certainly need
cosmetic specialists
for robots
the fourth industrial revolution is
getting our physical world
merging with the digital world to
reshape our economy and society
through artificial intelligence drones
robots
3d printing
autonomous vehicles
and many other technologies
while some people might think that
autonomous vehicles is still part of the
future who are living in this part of
the world in western australia where
autonomous trucks have been there in the
mines for years the other day
i bought something from an online store
and i had problem with it so i hopped
onto the website and i was trying to
talk to the customer
support representative
i was chatting and trying to explain my
problem
to realize after a couple minutes
that i was chatting with a bot
bots are just one form of artificial
intelligence
as we speak now
amazon
employs more than two hundred thousand
no not employees
robots
the fourth industrial revolution
is coming to us with a lot of complexity
and an unprecedented pace of change
and this is why
organizations
will face problems
that they never faced before
and they will be looking
badly
for talents
they will be looking for us
the most scarce resource
will be talents unlike in the previous
industrial revolutions where the scarce
resource was financial resources
the future scarce resource and precious
resource it will be us
organizations will be looking for
talents and this is why we need to
develop our talents
in any field that we love because we
will not be able to develop our talents
in any field
unless we are passionate about it
be it in healthcare legal media art
engineering the field that you love
if you don’t know yet where your passion
is
start exploring today
know where your passion is
start developing your talents
but
developing our talents alone will not be
sufficient
because organizations
will depend less on their rigid
departmental silos where people used to
work
independently of other departments they
will move towards teams
to
address some problems that never existed
before
deliver a project or deliver an
invention
and then adjourn quickly
to join other teams
and as talented people
probably will work across organizations
and this is why we need to develop our
communication skills because we will not
be able to deliver a loan
we will deliver in teams and this is why
we need to work hard
on our emotional intelligence
but we will be working with teams across
different cultures across different
parts of the world online
and this is why
we need to work hard on our cultural
intelligence
and most likely
some of our colleagues within the same
team
will be digital bodies robots or digital
assistants
and we need to develop the skills
to know how to team up with those
digital bodies to deliver better results
and this is what i call a great
digital communicators
but developing our talents in the field
that we love
being a great digital communicators
will not be sufficient either
because of the pace of change the fourth
industrial revolution is bringing with
it
our knowledge will become obsolete very
quickly
and to give you an
example in 2020 alone
in the united states alone
there were more than 354
000 patents registered
so every
seconds
a new invention is registered
we need to realize this pace of change
that we are in
and we need to keep ourselves up to date
with our field
not to stay relevant only
but to stay in the job market
so we need to be hyper learners where we
learn quickly
and then unlearn
and then learn again
and we need to keep this cycle
our lifetime
in order to stay in the job market
develop your talents
in the field that you love
be great digital communicators
and be hyper learners
and you will be the leaders of our
future
thank you
[Music]
you