A new era is unfolding at breakneck speed. It has huge potential to address some of the world’s most critical challenges, from food security, to reducing congestion in big cities, to increasing energy efficiency, to accelerating cures to the most intractable diseases. But it also raises a host of social and governance issues that need addressing.
We need to think and act quickly. At the World Economic Forum’s Center for the Fourth Industrial Revolution, we are laying the foundations for a new, global “operating system (OS) to facilitate delineation between the rights and responsibilities of different stakeholders.
Phi Beta Iota: The sucking chest wound in this piece is the “assumption” that taxes, intellectual property, the legal system, and insurance will remain as they are. This is a 1% view.