Recently, TED, the nonprofit devoted to spreading ideas through short talks and discussions contacted me. I was asked to be the host and moderate one of their discussions. I opened the event with a quote. The quote – ‘May you live in interesting times’ is said to be the English translation of a traditional Chinese curse. Well, given all that is happening these days, you would have to say we have been cursed. I went on to point out that everyone has a different perspective that is based on their life experiences. The cumulative analysis of multiple perspectives is what produces the greatest value. That was what we were trying to achieve.
There are multiple technologies that have begun to emerge that will impact the world in the next few years. We are talking $$ trillions of value. It is being called the ‘Industrial Revolution 4.0’ and its impact on individuals and organizations will be profound. We have touched on this subject here on my blog. Wintergreen Research published a study estimating the Industrial Revolution 4.0 will grow to be $25 trillion USD in emerging market segments by 2025. To put that in context, that figure is greater than ANY country’s GDP (gross domestic product) in the world according to the latest figures in CIA world Fact Book.
To close the event I said, “The signs of the times are out there. Everyone needs to keep their eyes open and continuously read them. It is clear that adapting to the changes that lie ahead will be challenging and no one has all the answers. Areas where continuous education is needed already exist. Will the magnitude of technology advancement and the resulting changes require us to reinvent ourselves – only time will tell. Your views, opinions and interaction will likely give others the nudge they need to take action.”