By Simon Cocking, review of 4IR, AI BlockchainFintech IoTReinventing a Nation. Available here. By Dinis Guarda and Rais Hussin.
The Fourth Industrial Revolution also known as 4IR is here to stay. There is no turning back. Because of its ubiquitous reach, 4IR technologies raise all kinds of concerns, and nations have to adapt and change. This book written by authors Dinis Guarda with Rais Hussin reflects on the 4IR impact as a whole, concepts, strategies.
This 366 pages book includes global leading expert contributors, and offers research, education, case studies and guidance on how these disruptive technologies, special AI, Blockchain, Fintech, IoT, can be used to create a better life for all.
This is a good, positive, thought provoking, timely book. Dinis Guarda and Rais Hussin have chosen a good time to publish this book. They have also sourced a wide and interesting range of thought leaders to contribute interesting and provocative individual chapters too. All four of the technologies listed in the title, AI, Blockchain, Fintech and IoT are important, relevant, and will playout in important ways as they cross over and cross fertilise with each other.
The book is written in an accessible and informative way. There are useful illustrations too, to help explain and reinforce the concepts in the text too. It is well worth taking the time to read this book as it will help you to have an awareness of what is coming down the line and how you can prepare your own business to ensure it fits into future trends and business opportunities.
Introduction to the book :
The most important question a nation has to answer is if it creates the right narrative and value for its citizens. Most would agree that the best value creation is about growing the economy in a sustainable way, managing a balanced and inclusive society, making sure there are enough jobs for its citizens, prosperity, health and education, and guiding the country towards increased social wellbeing and stability. This is complicated in the present world.
We live in a world that is changing at a fast pace, a pace never seen so far in human history. We now live in a period of technology data-driven 4.0 industrial revolution – 4IR – a world which is more interconnected and affected by technological innovation than ever before in history.
This profound interconnection is also the result of the way in which billions of people behave and connect globally, through the use of mobile devices, smart devices and sensors, all of which have unprecedented processing capacity and power.
There are more than 3.5 billion mobile devices all over the world. At the moment when two or more people are talking, the mere presence of a digital device, normally a computer or a mobile phone on the table between them or in their peripheral vision, shifts their attention and changes both what they talk about and their degree of connectedness. This is something that happens in any country and that surpasses all kinds of physical frontiers.
As we interact all day long through our smart phones with the inorganic and also organic biological world, we incessantly create a parallel digital world of escalating data.
There is also increasing data processing capacity and storage capacity, and this access to unlimited data and knowledge at a global scale, is leading to breakthroughs in all kinds of emergent technologies, which mutate and transform quickly.
This is particularly true in the main fields of Artificial Intelligence (AI), robotics, the Internet of Things (IoT), autonomous vehicles, 3D printing, nanotechnology, biotechnology, materials science, energy storage, and quantum computing.
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