Preparing for Singapore 4.0The Straits Times
The world is on the cusp of the 4th Industrial Revolution, a term coined by Professor Klaus Schwab, founder of the World Economic Forum, referring to the major technology shift from computer systems to integrated cyber, physical, biological and intelligent systems.
Almost everything of what we know, use and do today is based on the existing but rapidly obsolescing 3.0 model that was conceived nearly 50 years ago.
Today, the 4.0 paradigm is fast shaping up as we add intelligent systems, autonomous robots and immersive devices to the mix. It will perturb man-made systems across all domains – industry, business, economics, trade, money, government, geopolitics, social, and even family. I call this Everything 4.0.