Digital Transformation Myths and Trends in 2020-2021
You have been hearing about Fourth Industrial Revolution. It's most likely the hottest topic for organizations, thought leaders, policy makers, scientists and ofcourse technocrats. Klaus Schwab, the Founder and Executive Chairman of the World Economic Forum, that coined this word, writes -"The First Industrial Revolution used water and steam ability to mechanize production. The Second used electrical power to make the massproduction. The next used electronics and information technology to automate production. Now a Fourth Industrial Revolution is building on the Third, the digital revolution that's been occurring as the middle of the last century. It is characterized by a combination of technologies that is blurring the lines between the digital, physical, and biological spheres." He also makes an extremely important, important point -"Neither technology nor the disruption that comes with it really is an exogenous force over which humans don't have any ...