The challenge is to infuse human values into Industry 4.0. Trust, fairness and empathy should be preserved in this cyber age.
The fourth Industrial Revolution has swept the world, leaving its indelible impact on the shop floor, in stores, offices, boardrooms and beyond. The fusion of technologies that characterizes this revolution has triggered a wave of transformative change, impacting society in ways we could not have imagined earlier and at a pace that we have not seen before.
The benefits of digital technologies are many. They have the power to revolutionize society as, for the first time, the disadvantaged have access to information, services, skilling opportunities and markets that can enable them to improve their lives. However, as in the case of the earlier Industrial Revolutions, this one too, brings formidable challenges for society. The frenetic speed of digital adoption and the entry of machines is making the skills of millions of people irrelevant almost overnight. It also raises the need to determine what a machine should do and which tasks should remain under a human’s purview.
In addition, the Michael Dukakis Institute for Leadership and Innovation (MDI) also established the Artificial Intelligence World Society (AIWS) for the purpose of promoting ethical norms and practices in the development and use of AI to serve and strengthen democracy, human rights, and the rule of law.
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