Christophe Degryse, Social Europe, 29 February 2016
But this 4th industrial revolution also contains its share of new risks in the world of labour, including the ‘remake’ of existing jobs, the destruction of many of them, the relocation of countless others. For society as a whole, it is a prospect accompanied by the threat of increased polarisation between the ‘winners’ and the ‘losers’ of the digital economy.
Phi Beta Iota: The 4th Industrial Revolution is delimited. It is what Dr. Russell Ackoff would describe as “doing the wrong things righter.” Artificial intelligence and virtual reality, while admirable in theory, are a deepening of the industrial paradigm that internalizes profits and externalizes or ignores true costs. Only an Open Source Everything Engineering (OSEE) approach can reverse centuries of looting and concentration by the 1%, while creating infinite wealth for the 99%.