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May 03 2018

We must prepare society for the Fourth Industrial Revolution

Nokia has long felt a sense of responsibility towards shaping the future of communications technology and its impact on the world. Today, as we sit on the cusp of the Fourth Industrial Revolution – arguably the most significant breakthrough in human & machine productivity since the advent of the steam engine – we feel this responsibility more than ever.

The combination of 5G and Artificial Intelligence will change our world in ways that we have only just begun to imagine. Improvements in healthcare, transport, energy distribution, education and more are sure to benefit the lives of billions of people. At their best, the technologies behind the Fourth Industrial Revolution will help us to create a world that is safer, smarter and more efficient for everyone.

What is still uncertain, however, is the extent to which the Fourth Industrial Revolution will impact the socio-economic structures that underpin our societies. How will the nature of our work really change? Which sectors will see increased or decreased employment? And how should we educate or re-train people in the face of these changes?

The fact is that we still don’t know the exact answers to all these questions. But what we can do at this stage is prepare for different eventualities, so that our societies are ready for the changes when they do come.

In order to help the world prepare, Nokia is calling for action - specifically, for the creation of a common, human-centric approach. We believe that governments, regulators, industry players, NGOs, academics and other decision-making bodies have a critical role to play in shaping our response to the effects of the Fourth Industrial Revolution. Policy makers will need to develop an environment for the utilization of Fourth Industrial Revolution technologies that fuels the positives and mitigates the concerns.

In this context, we’ve just released a white paper ‘Preparing society for the Fourth Industrial Revolution’ with some initial recommendations. You can download the paper here and we look forward to all stakeholders’ engagement.

Share your thoughts on this topic by joining the Twitter discussion with @nokia and @nokianetworks using #Industry40, #5G, #IoT

About Barry French

Barry French is Chief Marketing Officer (CMO) at Nokia. Areas of responsibilities include: heading marketing, communications, industry analyst and government relations, regulatory affairs, and corporate social responsibility and sustainability.

Tweet me @bhfrench.