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Mastering the Fourth Industrial Revolution" was the 2016 theme of the World Economic Forum Annual Meeting, in Davos-Klosters, Switzerland. [15] On 10 October 2016, the Forum announced the opening of its Centre for the Fourth Industrial Revolution in San Francisco. [16] This was also subject and title of Schwab's 2016 book. [17]
The term became widely known in 2016 following its adoption as the theme of the World Economic Forum annual meeting in Davos. [8] The concept gained strength following the opening of the Center for the Fourth Industrial Revolution in 2016 in San Francisco. [9] NDE 4.0 evolved in conjunction with Industry 4.0. [10]
The World Economic Forum and its annual meeting in Davos have received criticism over the years, including allegations of the organization's corporate capture of global and democratic institutions, institutional whitewashing initiatives, the public cost of security, the organization's tax-exempt status, unclear decision processes and membership ...
Work 4.0 (German: Arbeit 4.0) is the conceptual umbrella under which the future of work is discussed in Germany and, to some extent, within the European Union. [1] It describes how the world of work may change until 2030 [2] and beyond in response to the developments associated with Industry 4.0, including widespread digitalization. [3]
The Global Competitiveness Report (GCR) [1] was a yearly report published by the World Economic Forum.Between 2004 and 2020, [2] the Global Competitiveness Report ranked countries based on the Global Competitiveness Index, [1] developed by Xavier Sala-i-Martin and Elsa V. Artadi. [3]
Contrary to Germany's Industry 4.0, which focuses on industrial IT integration, Society 5.0 includes the application of IT to improve public living spaces and habits. [ 7 ] The Cabinet Office of the Government of Japan describes Society 5.0 as an initiative aimed at ensuring safety, security, comfort, and health for all individuals ...
The Great Reset Initiative is an economic recovery plan drawn up by the World Economic Forum (WEF) in response to the COVID-19 pandemic. [1] The project was launched in June 2020, and a video featuring the then-Prince of Wales Charles was released to mark its launch. [2]
It is a similar concept to industry 4.0, applied to value chain. The proponents of Service 4.0 claim that it is a major opportunity for service companies to make a leap forward in terms of efficiency and effectiveness, and an opportunity for service users to discover and benefit from new features, impossible to be delivered before this disruption.