The Fourth Revolution was the theme of the latest gathering of the world’s leading industrialists and the world’s top-ranked nations in terms of GDP. This annual event is hosted by the World Economic Forum in Davos Switzerland. Now, the WEF forms a very important part of global economic developments, particularly for developing and less-developed nations today. Apart from sourcing realistic funds, which still need to be repaid, the WEF is a verifiable and large think tank of some the world’s best brains in economics, finance, business and industrial matters.
Outsiders may be forgiven for thinking what the point of all of this is anyhow, seeing as nothing seems to change in their daily lives, basically living from one day into the next. Moneywise, it’s always the same; those that have jobs barely make enough to make ends meet every month. But, as always, there are those who are willing to work a lot harder than others and finally make it to the top of the heap.
But now it appears that hard-working laborers and industrialists alike may have new challenges to contend with. For one thing, the Fourth Revolution idea raised at Davos has been around for a number of years already. Ask any auto manufacture worker in Detroit that lost his job down the line, only to be replaced by robots who now allegedly do his work a lot quicker and a lot more efficiently.
But ask any consumer who has been able to afford a new SUV what he thought about having his prized mode of transport snapped away from him after being recalled.