Technological innovations are boosting the transformation of the global economy and society, as the 46th World Economic Forum (WEF) annual meeting is being held under the theme “Mastering the 4th Industrial Revolution” in Davos, Switzerland. A robot named Hubo, which can replace people to conduct search and rescue work in disaster-stricken areas, caught much attention at the Davos forum. A report of the forum forecast that the rise of robots and artificial intelligence will overset […]
Tag: Fourth Industrial Revolution
‘Middle-class Joe’ Biden tells Davos bosses to look after workers
U.S. Vice President Joe Biden criticised modern corporate “short-termism” on Wednesday (January 20) and urged chief executives gathered in Davos to look after their workers as well as their shareholders. Relishing his nickname of “middle-class Joe”, he told delegates at the World Economic Forum annual meeting that the middle classes, the backbone of economies and democracies, now faced unprecedented threats from technological change. “For I believe the underlying question for world leaders, civil society, academia, […]





