The Fourth Industrial Revolution Quotes

“The changes are so profound that, from the perspective of human history, there has never been a time of greater promise or potential peril.”
― Klaus Schwab, The Fourth Industrial Revolution

“To a large extent, the millennial generation is setting consumer trends. We now live in an on-demand world where 30 billion WhatsApp messages are sent every day32 and where 87% of young people in the US say their smart phone never leaves their side and 44% use their camera function daily.33 This is a world which is much more about peer-to-peer sharing and user-generated content. It is a world of the now: a real-time world where traffic directions are instantly provided and groceries are delivered directly to your door. This “now world” requires companies to respond in real time wherever they are or their customers or clients may be.”
― Klaus Schwab, The Fourth Industrial Revolution

“when two people are talking, the mere presence of a phone on the table between them or in their peripheral vision changes both what they talk about and their degree of connectedness.65”
― Klaus Schwab, The Fourth Industrial Revolution

“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 Fourth Industrial Revolution

“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

“As all these trends happen, the winners will be those who are able to participate fully in innovation-driven ecosystems by providing new ideas, business models, products and services, rather than those who can offer only low-skilled labour or ordinary capital.”
― Klaus Schwab, The Fourth Industrial Revolution

“My concern, however, is that decision makers are too often caught in traditional, linear (and nondisruptive) thinking or too absorbed by immediate concerns to think strategically about the forces of disruption and innovation shaping our future.”
― Klaus Schwab, The Fourth Industrial Revolution

“On the societal front, a paradigm shift is underway in how we work and communicate, as well as how we express, inform and entertain ourselves.”
― Klaus Schwab, The Fourth Industrial Revolution

“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 Fourth Industrial Revolution

“This work indicates that the fourth industrial revolution is unique, driven as it is by a global network of smart (network-driven) cities, countries and regional clusters, which understand and leverage the opportunities of this revolution – top down and bottom up – acting from a holistic and integrated perspective.”
― Klaus Schwab, The Fourth Industrial Revolution

“The second industrial revolution has yet to be fully experienced by 17% of the world as nearly 1.3 billion people still lack access to electricity.”
― Klaus Schwab, The Fourth Industrial Revolution

“Shared understanding is particularly critical if we are to shape a collective future that reflects common objectives and values.”
― Klaus Schwab, The Fourth Industrial Revolution

“Back in 1971, Herbert Simon, who won the Nobel Prize in Economics in 1978, warned that “a wealth of information creates a poverty of attention.” This is much worse today, in particular for decision-makers who tend to be overloaded with too much “stuff” – overwhelmed and on overdrive, in a state of constant stress.”
― Klaus Schwab, The Fourth Industrial Revolution

“Today, a middle-class job no longer guarantees a middle-class lifestyle, and over the past 20 years, the four traditional attributes of middle-class status (education, health, pensions and house ownership) have performed worse than inflation.”
― Klaus Schwab, The Fourth Industrial Revolution

“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. 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, The Fourth Industrial Revolution

“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 Fourth Industrial Revolution

“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 Fourth Industrial Revolution

“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, The Fourth Industrial Revolution

“En 1971, Herbert Simon, que obtuvo el Premio Nobel de Economía en 1978, advirtió de que «una riqueza de información crea una pobreza de atención». Esto es mucho peor hoy, en particular para quienes toman decisiones y tienden a sobrecargarse con demasiadas cosas, sentirse agobiados y forzar la máquina, en un estado de estrés constante. «En una época de aceleración, nada puede ser más emocionante que ir lento —escribe el ensayista de viajes Pico Iyer—.”
― Klaus Schwab, La cuarta revolución industrial

“10% de las personas usarán ropa conectada a internet 91,2 El 90% de la gente tendrá almacenamiento ilimitado y gratuito (patrocinado mediante publicidad) 91,0 Un billón de sensores estarán conectados a internet 89,2 Primer farmacéutico robótico en Estados Unidos 86,5 El 10% de las gafas de lectura estarán conectadas a internet 85,5 El 80% de las personas tendrán presencia digital en internet 84,4 El primer automóvil impreso en 3D estará en producción 84,1 Primer gobierno que sustituirá su censo poblacional por uno basado en el Big Data 82,9 Primer teléfono móvil implantable disponible comercialmente 81,7 El 5% de los productos de consumo estarán impresos en 3D 81,1 El 90% de la población utilizará teléfonos inteligentes 80,7 El 90% de la población tendrá acceso regular a internet 78,8 Los automóviles sin conductor serán el 10% de todos los vehículos en las carreteras de Estados Unidos 78,2 Primer trasplante de un hígado impreso en 3D 76,4 El 30% de las auditorías corporativas”
― Professor Dr.-Ing. Klaus Schwab, La cuarta revolución industrial

“cooperation is “the only thing that will redeem mankind.”
― Klaus Schwab, The Fourth Industrial Revolution

“Voltaire, the French philosopher and writer of the Enlightenment era who lived for many years just a few miles away from where I am writing this book, once said: “Doubt is an uncomfortable condition, but certainty is a ridiculous one.”74”
― Klaus Schwab, The Fourth Industrial Revolution

“In practical terms, this means that leaders cannot afford to think in silos. Their approach to problems, issues and challenges must be holistic, flexible and adaptive, continuously integrating many diverse interests and opinions. Emotional intelligence – the heart As a complement to, not a substitute for, contextual intelligence, emotional intelligence is an increasingly essential attribute in the fourth industrial revolution.”
― Klaus Schwab, The Fourth Industrial Revolution

“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, The Fourth Industrial Revolution

“Emerging operating models also mean that talent and culture have to be rethought in light of new skill requirements and the need to attract and retain the right sort of human capital. As data become central to both decision-making and operating models across industries, workforces require new skills, while processes need to be upgraded (for example, to take advantage of the availability of real-time information) and cultures need to evolve. As I mentioned, companies need to adapt to the concept of “talentism”. This is one of the most important, emerging drivers of competitiveness. In a world where talent is the dominant form of strategic advantage, the nature of organizational structures will have to be rethought. Flexible hierarchies, new ways of measuring and rewarding performance, new strategies for attracting and retaining skilled talent will all become key for organizational success. A capacity for agility will be as much about employee motivation and communication as it will be about setting business priorities and managing physical assets. My”
― Klaus Schwab, The Fourth Industrial Revolution

“the deluge of information available today, the velocity of disruption and the acceleration of innovation are hard to comprehend or anticipate. They constitute a source of constant surprise. In such a context, it is a leader’s ability to continually learn, adapt and challenge his or her own conceptual and operating models of success that will distinguish the next generation of successful business leaders. Therefore, the first imperative of the business impact made by the fourth industrial revolution is the urgent need to look at oneself as a business leader and at one’s own organization. Is there evidence of the organization and leadership capacity to learn and change? Is there a track record of prototyping and investment decision-making at a fast pace? Does the culture accept innovation and failure?”
― Klaus Schwab, The Fourth Industrial Revolution

“Source: Deep Shift – Technology Tipping Points and Societal Impact, Global Agenda Council on the Future of Software and Society, World Economic Forum, September 2015.”
― Klaus Schwab, The Fourth Industrial Revolution

“blockchain technology records financial transactions made with digital currencies such as Bitcoin, it will in the future serve as a registrar for things as different as birth and death certificates, titles of ownership, marriage licenses, educational degrees, insurance claims, medical procedures and votes”
― Klaus Schwab, The Fourth Industrial Revolution

“Четвертая промышленная революция изменяет не только то, что мы делаем, но и то, кем мы являемся. На нас, индивидуумов, это окажет многоплановое влияние, скажется на нашей идентичности и различных гранях ее проявления: на наши представления о неприкосновенности частной жизни, о собственности, характер потребительского поведения, то, сколько времени мы посвящаем работе и отдыху, как мы развиваем свою карьеру и совершенствуем наши навыки.”
― Клаус Шваб, The Fourth Industrial Revolution

“strategies which primarily focus on reducing costs will be less effective than those which are based on offering products and services in more innovative ways. As we see today, established companies are being put under extreme pressure by emerging disruptors and innovators from other industries and countries. The same could be said for countries that do not recognize the need to focus on building their innovation ecosystems accordingly.”
― Klaus Schwab, The Fourth Industrial Revolution