The ‘fourth industrial revolution’: potential and risks for Africa

The 'fourth industrial revolution': potential and risks for Africa

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Klaus Schwab, the World Economic Forum founder, holds his book about the Fourth Industrial Revolution. Reuters/Denis Balibouse

Ross Harvey, South African Institute of International Affairs

Klaus Schwab, the founder of the World Economic Forum, argues that the single most important challenge facing humanity today is how to understand and shape the new technology revolution. What exactly is this revolution, and why does it matter, especially for Africa?

The “fourth industrial revolution” captures the idea of the confluence of new technologies and their cumulative impact on our world.