What is the Fourth Industrial Revolution?

World Economic Forum
18 Jul 201611:31

Summary

TLDRThe script discusses the transformative impact of the fourth Industrial Revolution, merging digital, physical, and biological systems, and altering our identities. It highlights advancements in technology, such as brain visualization and genome effects of mindfulness, and calls for a new economic model prioritizing human well-being over growth. The potential of a circular economy, local production via 3D printing, and the integration of renewable energy are explored. The script emphasizes the importance of education, innovation, and political support to reduce inequality and build a sustainable, healthy future.

Takeaways

  • ๐ŸŒ The world is undergoing a fourth Industrial Revolution that integrates digital, physical, and biological systems, fundamentally changing us as humans.
  • ๐Ÿง  Advances in technology, such as consumer-based EEG devices, allow us to visualize brain activity and access parts of ourselves previously thought impossible.
  • ๐Ÿง˜โ€โ™‚๏ธ There is a scientific basis for the effects of mindfulness on the brain, genome, and biological aging, potentially leading to a new renaissance in our understanding of identity.
  • ๐ŸŒฑ The need for a new economic model that focuses on meeting the basic needs of every human and maximizing well-being, rather than just growth.
  • ๐Ÿ”„ The circular economy and technological advancements like asset tracking and 3D printing can help decouple growth from resource constraints.
  • ๐Ÿ™๏ธ Cities are evolving with local production capabilities through 3D printing and robotics, making them more efficient and less reliant on large supply chains.
  • ๐Ÿšซ The goal of environmental sustainability is shifting from being 'less bad' to actively creating a diverse, safe, and healthy world with clean resources.
  • ๐ŸŒฌ๏ธ The transition from fossil fuels to renewable energy sources like solar, wind, and biomass is crucial for combating climate change.
  • ๐Ÿค– Robotics and automation are improving processes in various industries, but they also require humans to take the extra step to assist and innovate.
  • ๐Ÿ“ˆ The potential loss of jobs due to technology is a serious concern, but it also presents an opportunity to redefine work and share wealth more equitably.
  • ๐ŸŽ“ Education and training must adapt to prepare individuals for the changing job market and to foster creativity and innovation from a young age.

Q & A

  • What is the fourth Industrial Revolution and how does it differ from previous revolutions?

    -The fourth Industrial Revolution is characterized by the fusion of digital, physical, and biological systems. Unlike previous revolutions, it changes not only what we do but also who we are, with technologies like EEG devices allowing us to visualize brain activity and access parts of ourselves previously unattainable.

  • How does the script suggest the fourth Industrial Revolution could impact our understanding of the human mind?

    -The script suggests that through devices like consumer-based EEG, we can unlock the 'black box' of the brain, enabling us to understand and realize an aspirational identity and potentially leading to a new renaissance in our relationship with life, the planet, and work.

  • What economic model shift is proposed in the script to meet the basic needs of every human on the planet?

    -The script proposes a shift to a new economic system focused on maximizing human well-being rather than growth per se. This system should allow meeting the basic needs of every human and operate within planetary means, being fairer and not just centered on growth.

  • How does the script relate the concept of a circular economy to the fourth Industrial Revolution?

    -The circular economy is presented as fitting closely with the goals of the fourth Industrial Revolution, promoting innovation and creativity. It involves using technologies like asset tracking, IT, and 3D printing to recover materials and feed them back into the economy, decoupling growth from resource constraints.

  • What is the potential impact of transforming cities through technology as discussed in the script?

    -Transforming cities to make them more efficient could have a huge impact, as it could reduce the need for big supply chains by enabling local sourcing through 3D printing and robotics, making cities more self-sufficient and potentially more sustainable.

  • How does the script address the issue of plastics and the environment?

    -The script suggests that we should not only be inspired by nature but also use natural organisms to design products and building parts. The goal is to move away from potentially toxic materials and towards safe and healthy materials for all generations.

  • What is the script's perspective on the relationship between technology and job loss by 2022?

    -While the script acknowledges the prediction of five million jobs being lost by 2022 due to technology, it emphasizes that the main question is the future of work and how we define and share the wealth, rather than the mere existence of jobs.

  • How does the script view the role of education and training in the context of the fourth Industrial Revolution?

    -The script highlights the need for new education and training to prepare for a world in motion, with examples like FIRST Robotics encouraging students from a young age to innovate and create, fostering a mindset of continuous learning and adaptation.

  • What is the potential of technology in the script's view to reduce inequalities?

    -The script suggests that the fourth Industrial Revolution has the potential to make inequalities visible and less acceptable, possibly garnering political support to reduce the gap, by empowering people all over the world through digital technology.

  • How does the script discuss the integration of renewable energy technologies?

    -The script talks about the need to integrate renewable energy technologies like solar, wind, and biomass into an integrated grid to supply energy to everyone who needs it at all times, marking a shift from the reliance on fossil fuels.

  • What ethical considerations does the script raise regarding the use of technology to access people's thoughts and emotions?

    -The script emphasizes the need to create a space that enables people to think freely and creatively, highlighting the importance of freedom of thought in open societies and the potential risks to progress if people fear having divergent thoughts due to technology accessing their thoughts and emotions.

Outlines

00:00

๐ŸŒ The Fourth Industrial Revolution and Human Evolution

The first paragraph discusses the profound changes brought about by the fourth Industrial Revolution, which integrates digital, physical, and biological systems. It emphasizes the potential for humans to become superhumans through high-tech advancements, blurring the line between what is natural and artificial. The script highlights the ability to visualize brain activity and the impact of mindfulness on the brain and genome. It suggests a shift in economic models towards one that prioritizes human well-being over growth, and the importance of a circular economy that aligns with human innovation and creativity. The paragraph also touches on the need for transforming cities to be more efficient and the role of technology in designing safe and healthy products for future generations.

05:01

๐ŸŒฟ Transition to Renewable Energy and the Future of Work

The second paragraph focuses on the transition from fossil fuels to renewable energy sources like solar, wind, and biomass, marking the end of an era in human history. It discusses the challenges and opportunities of integrating these energy sources into an efficient grid. The script also addresses the impact of technology on jobs, with a prediction of job losses but also the persistence of essential industries. The importance of new education and training is highlighted, along with the role of FIRST Robotics in encouraging innovation among students. The paragraph concludes with a discussion on the potential of the fourth Industrial Revolution to reduce inequalities and the importance of digital technology in empowering people globally.

10:03

๐Ÿค– Technological Advancements and the Preservation of Human Identity

The third paragraph delves into the ethical and societal implications of technological advancements, particularly in the areas of freedom of thought and speech. It stresses the need to create an environment where people can think freely and creatively without fear. The script discusses the potential of technology to augment human capabilities, as exemplified by the speaker's personal experience with robotic legs and the use of stem cells for bone repair. It also touches on the potential of genome editing and drug delivery technologies in fighting diseases like cancer. The paragraph concludes with a call to responsibility at all societal levels to adapt to technological changes without losing sight of what it means to be human.

Mindmap

Keywords

๐Ÿ’กFourth Industrial Revolution

The Fourth Industrial Revolution refers to the current era of technological advancement characterized by a fusion of the digital, physical, and biological worlds. It is a central theme of the video, illustrating how this revolution is not just changing what we do, but changing us as humans. For example, the script mentions how this revolution brings together digital, physical, and biological systems, and how it has the potential to make inequalities visible and less acceptable.

๐Ÿ’กHuman-Technology Integration

Human-Technology Integration is the concept of merging human capabilities with technological advancements. The video discusses this in the context of high-tech bodies and the difficulty in distinguishing between what is natural and artificial. An example from the script is the use of EEG devices to visualize brain activity, which gives us access to ourselves in unprecedented ways.

๐Ÿ’กMindfulness

Mindfulness, as discussed in the video, is the practice of being fully present and aware of one's thoughts and feelings. It is related to the video's theme as it has scientific backing for its effects on the brain, genome, and biological aging. The script mentions that understanding the human mind can lead to a new renaissance in our relationship with life, the planet, and work.

๐Ÿ’กCircular Economy

The Circular Economy is an economic system aimed at eliminating waste and the continual use of resources. It is presented in the video as a model that aligns with human innovation and creativity, and as a means to decouple growth from resource constraints. The script gives an example of using asset tracking, IT, and 3D printing to recover materials and feed them back into the economy.

๐Ÿ’ก3D Printing

3D Printing is a process of creating three-dimensional objects from digital models. The video highlights its potential in transforming cities and making them more efficient by enabling local sourcing of many things, thus reducing the need for large supply chains. It is part of the broader discussion on technological advancements that can reshape our urban environments.

๐Ÿ’กRobotics

Robotics involves the design, construction, operation, and use of robots. The video discusses the role of robotics in augmenting human capabilities and improving processes. An example given is the use of robots in construction and manufacturing, which can lead to significant improvements in efficiency and productivity.

๐Ÿ’กGenome Editing

Genome Editing is the process of altering an organism's DNA. The video mentions its potential in understanding genetic changes that lead to diseases like cancer and in developing targeted drug delivery systems. It is an example of how technological advancements can revolutionize healthcare and medicine.

๐Ÿ’กSustainable Development

Sustainable Development is the pursuit of growth that meets the needs of the present without compromising the ability of future generations to meet their own needs. The video emphasizes the goal of creating a diverse, safe, healthy, and adjusted world with clean air, water, soil, and energy. It is tied to the broader theme of the video, which includes the need for a new economic model focused on human well-being.

๐Ÿ’กEconomic Model

An Economic Model is a framework that outlines how an economy functions or how economic agents interact. The video calls for a shift from the current models of capitalism and communism to a new system that prioritizes meeting basic human needs, fairness, and maximizing well-being over growth. It is a key concept in the discussion of how to adapt to the changes brought by the Fourth Industrial Revolution.

๐Ÿ’กFreedom of Thought

Freedom of Thought is the ability to think freely and creatively without constraints. The video stresses the importance of this freedom in open societies and the need to create spaces that enable such thinking. It is connected to the broader narrative of the video, which discusses the potential of technology to empower people and create a more equitable world.

๐Ÿ’กSTEM Education

STEM Education stands for Science, Technology, Engineering, and Mathematics. The video mentions the importance of STEM education in preparing students for the future, with examples like FIRST Robotics, where students engage in hands-on projects to learn and innovate. It is part of the discussion on how to equip the next generation with the skills needed for the technological changes of the future.

Highlights

The world is undergoing a transformation with the merging of digital, physical, and biological systems in the fourth Industrial Revolution.

This revolution changes us, not just what we do, with advancements like consumer-based EEG devices visualizing brain activity.

A new renaissance could emerge from understanding the human mind, impacting our relationship to life, the planet, and work.

A shift in economic models is needed to meet the basic needs of every human and maximize well-being, not just growth.

The circular economy aligns with human innovation and creativity, aiming to decouple growth from resource constraints.

3D printing and robotics can enable local sourcing and transform cities to be more efficient.

Designing with nature in mind is crucial for creating safe and healthy materials for future generations.

The fight against climate change requires a transition from fossil fuels to renewable energy sources.

Integration of energy technologies, like solar and wind, through an integrated grid can supply energy reliably.

Robotics and automation are improving processes in various industries, not replacing human labor entirely.

The future of work involves redefining roles and sharing wealth, with a focus on new education and training.

FIRST Robotics encourages learning and innovation among students, showing early potential for technological contributions.

Digital technology empowers people globally, creating opportunities for equitable growth and reducing inequalities.

Advancements in technology, such as genome editing and drug delivery, offer hope for rapid progress in disease treatment.

Freedom of thought is essential in open societies, and technology must support, not hinder, creative and divergent thinking.

Stem cell research and 3D scaffolding are paving the way for personalized medical treatments.

Technological challenges require responsibility at all societal levels to adapt and redefine human identity.

The potential for technological implementation is vast, but making it accessible and affordable globally is a key challenge.

Transcripts

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we are wondering what it is happening to

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the world

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everything is changing

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the very idea of human being some sort

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of natural concept is really going to

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change our bodies will be so high-tech

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we won't be able to really distinguish

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between what's natural and what's

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artificial inside our own heads is the

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most complex arrangement of matter in

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the known universe you might ask

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yourself can we get to be superhumans

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the original Industrial Revolution was

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driven by the discovery that you could

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use steam engines to do all kinds of

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interesting things but that was followed

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by additional revolutions for

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electricity and computers and

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communications technology we're now in

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the early stages of the fourth

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Industrial Revolution which is bringing

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together digital physical and biological

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systems one of the features of this

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fourth Industrial Revolution is that it

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doesn't change what we are doing but it

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changes us with the ability to visualize

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brain activity for example through a

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simple consumer-based EEG device it

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gives us access to ourselves and ways

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that we've never before thought possible

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it unlocks the black box that is brain

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and enables us to really truly be able

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to realize an identity that is

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aspirational there's now a scientific

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foundation for the effects of

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mindfulness on the brain on the genome

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on biological aging when the human mind

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does know itself then you get the

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potential for a new renaissance that

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restructures itself in terms of our

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relationship to life our relationship to

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the planet our relationship to work we

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need a different economic model by that

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I don't mean capitalism versus communism

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what I'm talking about is a shift in the

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system along the lines of the two big

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changes that happened in the 20th

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century Keynesianism was a much greater

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focus on health and education and

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government working with business and

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then a reaction against that in late

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century to neoliberalism where the focus

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was in free markets freedom the

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individual and getting government's out

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of the way we need shift to a new system

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that will allow us to meet the basic

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needs of every human on the planet that

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will live within plan she means don't be

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fairer and that will be focused as its

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key goal not on growth per se but on

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maximizing human well-being

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and history tells us that a value shift

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is triggered by creation of a new story

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about how we want to live

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I see the circular economy is something

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which fits very closely with mankind's

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goal to be innovative and creative and

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to always progress we can use asset

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tracking we can use IT we can use 3d

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printing to enable this different

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economic model to recover materials feed

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them back into the economy and really to

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decouple growth from the resource

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constraints we have

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the reason we live in cities is not

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different today than it was ten thousand

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years ago even if you have got networks

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connecting us we still want to have

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places where we meet in person

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this means the place where we work in

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the place where we live are much closer

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to each other a city where we don't need

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to have big supply chains in order to

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produce things but many things can be

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sourced locally thanks to 3d printing

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and robotics so if we are able to do

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something to transform cities to make it

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more efficient then the impact can be

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huge think about the prospect of getting

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rid of plastics we must not only be

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inspired or informed by nature but

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actually use natural organisms with

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which to design products and building

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parts only instead of very material

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properties were varying biological

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functionality design is critical today

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because it's the first signal of human

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intention for the question of adding

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quality to quantity but isn't a matter

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of simply circulating the things that

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are potentially toxic it's circulating

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things that are safe and healthy for all

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generations so the goal is no longer I

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want to be less bad less monotonous less

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unsafe less I just it's really about a

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diverse safe healthy adjust world with

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clean air clean water clean soil clean

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energy

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together we are fighting to preserve our

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fragile climate from irreversible damage

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and devastation of unthinkable

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importance we think about the original

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Industrial Revolution it was an energy

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revolution I like to think of it as a

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kind of book ending of a period in human

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history during which we use fossil fuels

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and it worked very well for us for a

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long time but now we have to bring back

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to an end we have energy technologies

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that can power our civilization solar

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wind biomass so then the question is

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well how do we get good integration

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maybe the wind is blowing in Denmark the

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sun is shining in Germany and now you

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can move that electricity through an

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integrated grid you can supply energy to

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everyone who needs it and you can supply

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energy at all times

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walking around you do see different

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stuff far as like the body marriage line

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they use a lot of things that help them

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lift up and move things to the car we

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just sit there and you know program

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something and if it has gone set mine so

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go ahead and do everything and then as

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humans we just come in and take the

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extra step to help technology it's not

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the the cure-all for everything there's

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definitely a lot of things where people

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perform the operation better but

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certainly for the right applications

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robotics and are a huge improvement to

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the process the prediction of five

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million jobs lost by 2022 technology is

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serious but it's not the main question

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construction manufacturing services

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public health and education these

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industries will still exist the main

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question is what will be the future of

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work how will we define work how will we

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share the wealth from the viewpoint of

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the labor board jobs my idea we really

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need new education or new training

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we're working with a world in motion in

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FIRST Robotics trying to encourage

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students from third grade all the way up

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through the end of high school we had

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students make sailboats and then we had

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them race him and so they could see how

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quickly they could move and they

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immediately went back and started to say

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oh I saw what happened I'm going to go

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change this or that and that was third

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graders I just given a prize to a kid of

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18 years old that has discovered

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something really very very unique came

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up with how to get better productivity

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and better yields for seeds of corn and

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so he basically came with the idea that

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if you would perforate these seeds you

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would get more food and you think about

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they say but he didn't go to university

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so how does it get all that knowledge

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and he told me I mean I've been watching

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YouTube since the age of 12 and I'm so

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interested that I've seen everything

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about it I've read everything about it

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the world is really open to learning the

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thing is how do you give incentive to

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your kids to do that it's this ability

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of digital technology to change outcomes

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to truly empower people all over the

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world that can create a more equitable

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growth because I think the world needs

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that

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fourth Industrial Revolution has the

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potential to make inequalities visible

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and to make them less acceptable in the

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future and hopefully together and garner

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political support to take the necessary

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decision to reduce the gap

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humans have always been using tools but

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because of the recent advances in

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technology we're beginning to have

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machines that can augment us in all

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sorts of interesting ways I was the

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first person in the world to be able to

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voluntarily move my legs while stepping

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in a robot by exciting the nervous

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system using electrical stimulators

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directly up to the spine we believed

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that a cure will be possible if enough

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of the right people have the will to

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fast-track a cure for paralysis

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we take two things from the patient

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first we take a three-dimensional x-ray

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and we extract the three-dimensional

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data out of that so we can make a

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perfectly shaped puzzle piece and then

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we also take a sample of that tissue

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from the patient so that we can extract

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the stem cells out of those and we use

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those stem cells with this

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three-dimensional scaffold that we

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fabricate and after three weeks we have

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a piece of living bone that's ready for

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implantation being able to use genome

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editing to understand the genetic

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changes that lead to cancer and

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technologies like a drug delivery

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getting molecules into particular types

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of cells there's a lot of excitement

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about being able to move much more

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quickly on this disease one of the

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things that I think is so essential to

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free and open societies is freedom of

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thought and up until now the

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conversation we've been having is around

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freedom of speech once we can access

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people spots and access people's emotion

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we have to create a space that enables

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people to think freely to think

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divergent thoughts to think creative

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thoughts and in a society where people

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fear having those thoughts the

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likelihood of being able to enjoy

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progress is significantly diminished we

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need to take responsibility at every

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level of society from the individual and

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the person's of institutional to the

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global to adapt to these technological

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challenges and changes without

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redefining what it means to be human

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what it means to work what it means to

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be completely embedded in this world

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people always ask me if I'm an optimist

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or pessimist the technology exists but

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how do we get it and implemented at the

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scale we need at a price that people

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around the world can afford even though

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we have everyday problems we have to

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solve we have to find a way to lay the

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foundations for the innovations of

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tomorrow

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Related Tags
Industrial RevolutionHuman AugmentationTechnological AdvancementMindfulnessGenomeEconomic ModelCircular EconomyUrban TransformationSustainable PracticesInnovationFuture of Work