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Quotes About Technology

It may be too soon to tell, but extrapolating from current trends indicates that mobility will play an ever more important role in society and economics in the future than today:
~ Klaus Schwab
The fact that a unit of wealth is created today with much fewer workers compared to 10 or 15 years ago is possible because digital businesses have marginal costs that tend towards zero.
~ Klaus Schwab
The fourth industrial revolution, however, is not only about smart and connected machines and systems. Its scope is much wider. Occurring simultaneously are waves of further breakthroughs in areas ranging from gene sequencing to nanotechnology, from renewables to quantum computing. It is the fusion of these technologies and their interaction across the physical, digital and biological domains that make the fourth industrial revolution fundamentally different from previous revolutions. In
~ Klaus Schwab
The more we think about how to harness the technology revolution, the more we will examine ourselves and the underlying social models that these technologies embody and enable, and the more we will have an opportunity to shape the revolution in a manner that improves the state of the world.
~ Klaus Schwab
Imagine North Korea in 2030, when every citizen has to wear a biometric bracelet 24 hours a day. If you listen to a speech by the Great Leader and the bracelet picks up the tell-tale signs of anger, you are done for.
~ Klaus Schwab
In 2016, two academics from Oxford University came to the conclusion that up to 86% of jobs in restaurants, 75% of jobs in retail and 59% of jobs in entertainment could be automatized by 2035.
~ Klaus Schwab
It is true that in the post-pandemic era, personal health and well-being will become a much greater priority for society, which is why the genie of tech surveillance will not be put back into the bottle. But it is for those who govern and each of us personally to control and harness the benefits of technology without sacrificing our individual and collective values and freedoms.
~ Klaus Schwab
Technology is not an exogenous force over which we have no control. We are not constrained by a binary choice between "accept and live with it" and "reject and live without it". Instead, take dramatic technological change as an invitation to reflect about who we are and how we see the world.
~ Klaus Schwab
the cost of storing information is approaching zero (storing 1GB costs an average of less than $0.03 a year today, compared to more than $10,000 20 years ago).
~ Klaus Schwab
The app economy provides an example of a new job ecosystem. It only began in 2008 when Steve Jobs, the founder of Apple, let outside developers create applications for the iPhone. By mid-2015, the global app economy was expected to generate over $100 billion in revenues, surpassing the film industry, which has been in existence for over a century.
~ Klaus Schwab
Las empresas capaces de combinar múltiples dimensiones —digital, física y biológica— a menudo son exitosas en generar una disrupción de toda una industria y sus sistemas de producción, distribución y consumo.
~ Klaus Schwab
In all moments of major technological change, people, companies, and institutions feel the depth of the change, but they are often overwhelmed by it, out of sheer ignorance of its effects".52 Being overwhelmed due to ignorance is precisely what we should avoid, particularly when it comes to how the many diverse communities that comprise modern society form, develop and relate to one another.
~ Klaus Schwab
This book is organized in three chapters. The first is an overview of the fourth industrial revolution. The second presents the main transformative technologies. The third provides a deep dive into the impact of the revolution and some of the policy challenges it poses. I conclude by suggesting practical ideas and solutions on how best to adapt, shape and harness the potential of this great transformation.
~ Klaus Schwab
Since the first Industrial Revolution, the average real income per person in OECD economies has increased around 2,900%.
~ Klaus Schwab
To paraphrase Madeleine Albright, we face the task of understanding and governing 21st-century technologies with a 20th-century mindset and 19th-century institutions.
~ Klaus Schwab
The tools we've relied on for decades to manipulate and interact with computers – the mouse and keyboard – will quickly fade with next-generation technology. Interface will move towards the fidelity of the real world, as simple as the sound of your voice and a blink of your eyes.
~ Klaus Schwab
One way in which the Fourth Industrial Revolution could exacerbate inequality is via monopoly power: already, for example, Google controls almost 90% of the global market share of search advertising, Facebook controls 77% of mobile social traffic and Amazon has almost 75% of the e-book market.
~ Klaus Schwab
It is the fusion of these technologies and their interaction across the physical, digital and biological domains that make the fourth industrial revolution fundamentally different from previous revolutions.
~ Klaus Schwab
increasing inequalities might emerge between tech-savvy individuals, who understand and control these technologies, and less knowledgeable individuals, who are passive users of a technology they do not understand.
~ Klaus Schwab
Productivity is the most important determinant of long-term growth and rising living standards so its absence, if maintained throughout the forth industrial revolution, means that we will have less of each.
~ Klaus Schwab
Labour markets, meanwhile, are becoming biased towards a limited range of technical skill sets, and globally connected digital platforms and marketplaces are granting outsized rewards to a small number of "stars".
~ Klaus Schwab
An estimated 90% of the world's data has been created in the past two years, and the amount of information created by businesses is doubling every 1.2 years.
~ Klaus Schwab
interaction across the physical, digital and biological domains that make the fourth industrial revolution fundamentally different from previous revolutions.
~ Klaus Schwab
New technologies will dramatically change the nature of work across all industries and occupations.
~ Klaus Schwab