How to lead in the Fourth Industrial Revolution | Mohammed Khaiata | TEDxYouth@Perth

TEDx Talks

20 Dec 202107:55

Summary

TLDRThis script discusses the impact of industrial revolutions on jobs, illustrating how each revolution has rendered certain roles obsolete while creating new opportunities. It highlights the fourth industrial revolution's convergence of the physical and digital worlds through AI, robotics, and autonomous vehicles. The speaker emphasizes the importance of developing talents in one's passion, improving communication and emotional intelligence, and becoming 'hyper learners' to adapt to the rapid pace of change and remain relevant in the job market.

Takeaways

🔄 With each industrial revolution, jobs become obsolete while new opportunities emerge.
🚂 The first industrial revolution made jobs like coachmen redundant with the advent of steam engines.
🧵 The second industrial revolution led to the decline of weavers' jobs due to mass production and electricity.
⌨️ The third industrial revolution saw the end of typist championships with the rise of personal computing and automation.
🤖 The fourth industrial revolution is characterized by AI, drones, robots, 3D printing, and autonomous vehicles merging the physical and digital worlds.
🚚 Autonomous vehicles are already a reality, as seen in the mines of Western Australia.
🤖 AI and robots, like the bots used in customer service, are becoming more prevalent in the workforce.
💼 Organizations will face unprecedented challenges and will value talent over financial resources in the future.
🌟 Passion is crucial for developing talents, as it drives individuals to excel in their chosen fields.
🤝 The future workplace will emphasize teamwork, communication, and emotional intelligence, especially in cross-cultural settings.
🌐 Working with digital entities like robots and AI will require new skills and the ability to be effective digital communicators.
📚 Becoming 'hyper learners' who continuously learn and unlearn is essential to stay relevant and competitive in the job market.

Q & A

What were the jobs of coachmen, and how did the first industrial revolution affect them?
-Coachmen were individuals who drove horse-driven carriages. The first industrial revolution, which introduced steam engines, made these jobs obsolete as new modes of transportation emerged.
How did the second industrial revolution impact the job of weavers?
-The second industrial revolution, characterized by electricity and mass production, rendered the jobs of weavers less in demand as mechanized looms and factories took over the production of textiles.
What happened to typists with the advent of the third industrial revolution?
-With the third industrial revolution, which brought personal computing and automation, the need for typists who used typewriters decreased significantly as digital technology advanced.
What is the fourth industrial revolution, and how is it reshaping the economy and society?
-The fourth industrial revolution is characterized by the merging of the physical world with the digital world through technologies like artificial intelligence, drones, robots, 3D printing, and autonomous vehicles. It is reshaping the economy and society by creating new opportunities and transforming traditional jobs.
Why are designers for human genes and cosmetic specialists for robots mentioned as needed in the fourth industrial revolution?
-Designers for human genes are needed to eliminate certain illnesses, and cosmetic specialists for robots are required as these fields are expected to grow with advancements in biotechnology and robotics during the fourth industrial revolution.
How does the speaker describe the pace of change brought by the fourth industrial revolution?
-The speaker describes the pace of change as unprecedented and complex, with organizations facing problems they have never faced before, requiring a new set of skills and talents to adapt.
What is the most scarce resource in the future according to the script?
-The most scarce and precious resource in the future, as per the script, will be talented individuals, as organizations will be looking for them to address new challenges and opportunities.
Why is it important to develop talents in a field one is passionate about?
-Developing talents in a field one is passionate about is crucial because it drives motivation and long-term success. It also ensures that individuals can contribute effectively and creatively in their chosen areas of expertise.
How will the structure of organizations change in the fourth industrial revolution?
-Organizations will move away from rigid departmental silos towards more fluid team structures that can quickly form, address new problems, deliver projects or inventions, and then disband to join other teams.
What skills are essential for individuals to develop to work effectively in teams across different cultures?
-To work effectively in teams across different cultures, individuals need to develop strong communication skills, emotional intelligence, and cultural intelligence to collaborate and deliver results in a global and diverse work environment.
What does the term 'hyper learners' refer to, and why is it important in the context of the fourth industrial revolution?
-The term 'hyper learners' refers to individuals who can learn quickly, unlearn outdated knowledge, and relearn new information continuously. This is important in the context of the fourth industrial revolution because the rapid pace of change makes it crucial to stay updated and relevant in the job market.

Outlines

00:00

🔄 Evolution of Jobs in Industrial Revolutions

This paragraph discusses the historical context of job displacement due to industrial revolutions. It starts with the example of coachmen losing their jobs with the advent of steam engines during the first industrial revolution. Similarly, the second revolution brought about by electricity and mass production led to the obsolescence of weavers' jobs. The third revolution, characterized by personal computing and automation, rendered typists' roles redundant. The paragraph emphasizes that with each revolution, while jobs disappear, new opportunities arise. It introduces the fourth industrial revolution, which merges the physical and digital worlds through AI, drones, robots, 3D printing, and autonomous vehicles. The script mentions the current reality of autonomous trucks in Western Australia and the prevalence of AI bots in customer service, highlighting the rapid pace of change and the need for new talents in various fields such as gene design and robotics.

05:01

🤖 Adapting to the Fourth Industrial Revolution

The second paragraph focuses on the implications of the fourth industrial revolution for the workforce. It predicts a shift from individual departmental work to collaborative team efforts, necessitating the development of communication and emotional intelligence skills. The speaker stresses the importance of cultural intelligence due to the global and diverse nature of future teams, which may include digital bodies like robots or AI assistants. The paragraph also addresses the need for continuous learning to keep up with the rapid pace of technological advancements, citing the example of a high number of patents registered in the United States in 2020. The concept of being 'hyper learners' is introduced, advocating for a cycle of constant learning, unlearning, and relearning to stay relevant in the job market. The speaker concludes by encouraging the audience to develop their talents, become effective digital communicators, and embrace lifelong learning to become leaders of the future.

Mindmap

Keywords

💡Industrial Revolution

The term 'Industrial Revolution' refers to a period of significant economic and technological transformation that marked the shift from manual labor to machine-based production. In the video, it is used to illustrate the historical context of job displacement and creation due to technological advancements, such as the transition from horse-driven carriages to steam engines during the first revolution, and the shift from weavers to mass production during the second.

💡Coachmen

Coachmen were individuals who drove horse-drawn carriages. The script uses 'coachmen' as an example of a profession that became obsolete with the advent of the first industrial revolution and the introduction of steam engines, which replaced the need for horse-drawn transportation.

💡Weavers

Weavers are craftsmen who create fabric on a loom. The video mentions 'weavers' to highlight another profession that was impacted by the second industrial revolution, where the rise of electricity and mass production reduced the demand for individual weavers.

💡Typists

Typists are professionals who type text, traditionally on typewriters. The script refers to 'typists' and the decline of their profession with the advent of personal computing and automation during the third industrial revolution, emphasizing the shift from manual typewriting to digital input methods.

💡Fourth Industrial Revolution

The 'Fourth Industrial Revolution' is a current era characterized by a fusion of technologies that are blurring the lines between the physical, digital, and biological spheres. The video discusses this revolution as a time when many jobs will be replaced by new opportunities, driven by advancements in artificial intelligence, robotics, and other emerging technologies.

💡Designers for Human Genes

The concept of 'Designers for Human Genes' in the script refers to professionals who will work in the field of genetic engineering to eliminate certain illnesses. This is an example of new job opportunities that may arise from the fourth industrial revolution, indicating a shift towards more specialized and advanced roles in healthcare.

💡Cosmetic Specialists for Robots

In the context of the video, 'Cosmetic Specialists for Robots' are professionals who would be responsible for the aesthetic design and appearance of robots. This term is used to illustrate the emergence of new and unconventional job roles that may become necessary as technology continues to evolve.

💡Artificial Intelligence (AI)

Artificial Intelligence, or AI, is the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. The script mentions AI in the context of bots used for customer service and the broader implications of AI in job displacement and creation, as well as its role in the fourth industrial revolution.

💡Autonomous Vehicles

Autonomous vehicles, or self-driving cars, are vehicles that use sensors and AI to travel between destinations without human input. The video uses 'autonomous vehicles' as an example of technology that is already being integrated into industries like mining in Western Australia, showcasing the practical application of AI in real-world scenarios.

💡Hyper Learners

The term 'Hyper Learners' in the script refers to individuals who are able to learn, unlearn, and relearn quickly in response to the rapid pace of change in the fourth industrial revolution. It emphasizes the need for continuous learning and adaptation to stay relevant and competitive in the job market.

💡Cultural Intelligence

Cultural Intelligence is the ability to understand and adapt to different cultural contexts, especially important in a globalized world. The video mentions the need to develop 'cultural intelligence' as professionals are likely to work with diverse teams across different cultures and regions.

💡Digital Communicators

In the script, 'Digital Communicators' are individuals who are adept at using digital tools and platforms for effective communication and collaboration. The term is used to describe a necessary skill set for professionals to succeed in a world where digital interaction is increasingly prevalent.

Highlights

The historical shift from coachmen to the obsolescence of their jobs due to steam engines during the first industrial revolution.

The decline of weavers' jobs with the advent of electricity and mass production during the second industrial revolution.

The end of typists' world championships and jobs due to personal computing and automation in the third industrial revolution.

The prediction of job displacement and creation of new opportunities in the fourth industrial revolution.

The necessity for designers in human gene editing to eliminate illnesses in the future job market.

The emergence of cosmetic specialists for robots as a new job opportunity.

The merging of the physical and digital worlds through AI, drones, robots, 3D printing, and autonomous vehicles.

The existence of autonomous trucks in mines in Western Australia as a current reality.

The encounter with a bot in customer support as an example of AI integration in services.

Amazon's employment of over 200,000 robots as an example of AI in the workforce.

The unprecedented pace of change and complexity brought by the fourth industrial revolution.

The shift from financial resources to human talents as the most scarce resource in the future economy.

The importance of developing talents in fields of passion to meet future organizational needs.

The need for strong communication skills to work effectively in cross-departmental teams.

The development of emotional and cultural intelligence for global team collaboration.

The necessity to learn how to collaborate with digital bodies like robots and digital assistants.

The concept of being a 'great digital communicator' in the age of the fourth industrial revolution.

The urgency of continuous learning and adaptation to keep up with the rapid pace of technological change.

The example of over 354,000 patents registered in the U.S. in 2020 to illustrate the speed of innovation.

The call to become 'hyper learners' to stay relevant and competitive in the job market.

The final message encouraging individuals to develop their talents, communication skills, and lifelong learning to lead in the future.