OECD: Fourth Industrial Revolution ‘exciting’ but has downsides

Tue, 2019-02-12 01:19

DUBAI: The Fourth Industrial Revolution (4IR) will be exciting
and full of promise, but carries downsides, Jose Angel Gurria, the
secretary-general of the Organization for Economic Cooperation and
Development, said on Monday.

In a discussion with CNN’s Becky Anderson at the World
Government Summit (WGS) in Dubai, Gurria said: “The danger is not
just about knowing the technology that is growing at breakneck
speed, but how you empower half of the workforce that will be

“The Fourth Industrial Revolution will carry with it many
promises and challenges in employing technology and how to use it.
Half of the workforce is going to be disrupted by technology, due
to over- or under-qualification. How can we motivate and upskill
those that will be displaced in the process?”

Gurria focused on the need for countries to realize the effects
on labor forces and on generations yet to enter the world of

He also urged national leaders to “broaden their horizons and
make appropriate decisions in order to create a better


Intellectual property in the 4IR

Intellectual property governance policies promote innovation and
creativity, according to the World Intellectual Property
Organization’s director general, Francis Gurry.

“Effective intellectual property systems ensure that ideas are
transformed into products and services that are beneficial to
people,” Gurry said. “Through intellectual property, we ensure
that good ideas are translated into economic products, balance of
interests and competitiveness.”

In 2018 alone, 2.5 million patent applications were filed
worldwide, which, Gurry said, explained the need for stricter
protection laws.

China and the US lead the world in terms of patent numbers,
followed by Japan.

“We have a large number of patents on artificial intelligence,
so this sequence must be protected,” Gurry added. “We expect
significant changes in the distribution of capacity around the
world as a result of the development of artificial intelligence in


Mobility in the 4IR

Artificial intelligence (AI) and nanotechnologies are among the
UAE’s key priorities during the 4IR, according to Mattar Mohamed
Al-Tayer, Dubai Road and Transport Authority (RTA) general

“The importance of artificial intelligence in the
transportation sector lies in three objectives: supporting the
management of major events, forecasting traffic, and monitoring and
dealing with accidents,” Al-Tayer said during a session at the
WGS on “The Future of Mobility in the Age of 4IR.”

He highlighted the accomplishments the RTA has made over the
years, turning Dubai into one of the world’s most efficient
cities when it comes to mobility and transportation.

“In Dubai, we organized with international transport
companies, such as Uber and others, to provide intelligent services
to community members.

“The transport sector in Dubai is moving over a million
people, and this figure makes us aware of the importance of
establishing a solid infrastructure that enhances
transportation,” he said.


Blockchain can be more important than the Web, says 4IR chiefSaudi
Aramco recognized as a leader in the Fourth Industrial Revolution
Source: *FS – All – Science News Net
OECD: Fourth Industrial Revolution ‘exciting’ but has downsides