The World Economic Forum and Deloitte examine key applications of 4IR technologies for thriving in a postpandemic world and identify governance challenges that these technologies can help to address.
The recovery from COVID-19 has started a wave of innovations in work, collaboration, distribution, and service delivery—and shifted many customer behaviors, habits, and expectations. Several of the emerging technologies of the Fourth Industrial Revolution (4IR) including Artificial Intelligence (AI), mobility (including autonomous vehicles), blockchain, drones, and the Internet of Things (IoT) have been at the center of these innovations and are likely to play an outsized role in what emerges postpandemic. Working together, the public and private sectors have the opportunity to nurture 4IR technology development while mitigating the risks of unethical or malicious uses. How governments and other stakeholders approach the governance of 4IR technologies will play an important role in how we reset society, the economy, and the business environment. The World Economic Forum and Deloitte’s latest report examines the opportunities and complications of governance for a set of 4IR technologies: AI, mobility, blockchain, drones, and IoT.
