The difference of this first industrial revolution is it doesn't change what you are doing,
it changes you if you take genetic editing, just as an example.
It's you who are changed and of course this has a big impact on your identity and offers certain kinds of
possibilities that have to be careful about
You know when you began to when you began to do that kind of gene editing some people worried that you were changing what?
It means to be human
That's the problem, and of course the new Industrial Revolution offers us many opportunities,
but it raises many fold questions on the ethical, but even...
legal implications and we have to be prepared for it and that's what we want to do in Davos
next year.
Talk about technology and the ways it can be deployed that contribute to growth rather
than...
exacerbate unemployment. How will that?
implement itself. It's a big question mark because there is a fear that
technology, robots, just to take one. You gain productivity from machines. Exactly.
It replaces maybe the workforce or jobs faster and we can replace them with new jobs.
Not everybody can be a robot polish shop and so on, so there will be new jobs.