Dubai: Professor Klaus Schwab, founder and executive chairman of the World Economic Forum, on Monday called on leaders attending the 2024 at the World Government Summit (WGS) in Dubai, to use technology to create what he called a “humanocracy” and prepare for the “smart age”. ” bringing together our physical, biological and digital dimensions.
In his keynote address, “Tomorrow's Civilizations: Built to Fall or Rise,” Schwab reflected on the impact of technological advancements and emphasized the need to move into an era where humanity thrives alongside technological advancements.
Emphasizing the transformative potential of technology, Schwab envisioned a future in which human values and aspirations are deeply intertwined with technological innovation. He emphasized the importance of using technologies such as artificial intelligence, robotics, quantum computing and 3D printing to encourage society to create a more sustainable, just and human-centered future.
“If we look ahead, we don't want to go into the fourth industrial revolution into a cold bureaucracy. We don't want to go into technocracy. What we want to do…. we want to move to what I would call a 'humanocracy,' a world where we use technology to tap into our full human potential and create an even better world,” Schwab said.
He said leaders in the new century must merge as technicians, philosophers and humanists to achieve this “humanocracy”.
Schwab outlined key aspects of this imagined advanced age, including personalized education systems, predictive healthcare, and a redefined economy fueled by creative entrepreneurship and digital platforms. Emphasizing the role of technology in improving human well-being, he envisioned workplaces that prioritize creativity and interpersonal connections enabled by automation and artificial intelligence.
Schwab urged government leaders to proactively embrace this technological development and involve their residents in the process.
“We need to be ready for a world where we see our physical, digital and biological dimensions converging,” he said in a conversation with UAE Minister of Cabinet Affairs and WGS Chairman Mohammad Abdullah Al Gergawi. his language
Schwab urged leaders to remain optimistic and adaptable in the face of these changes.
Reflecting on the rapid pace of technological advancement, Schwab highlighted the exponential rate of change and the convergence of various future-shaping technologies. He predicted that the world would see this new era in the next 10 to 15 years.
Schwab emphasized the need for ethical frameworks to support the responsible deployment of technology, ensuring that its benefits are shared fairly and that societal values remain paramount.
In response to Al Gergawi's question, Schwab noted concerns about the sustainability of current economic models and advocated a shift to policies that prioritize individual empowerment and long-term resilience.
He emphasized the importance of inclusion in future civilizations, emphasizing affordability and functionality in building infrastructure so that no one is left behind.
“We really need to make sure we're investing in the infrastructure and skills we need to move forward,” he said.
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