The Fourth Industrial Revolution is well on its way to becoming our reality! But are we ready for it? Weforum describes in an article how society’s current operating system is in need of an upgrade in order to face the challenges of this new revolution.
This new era has the potential to quickly solve some of the worlds most critical
problems such as energy inefficiency, food security and cures to the most
heinous diseases. However, it also brings along many social and governance
issues that need to be addressed.
Weforum is laying the ground for a new global operating system that will
facilitate the delineation between the rights and responsibilities of different
stakeholders. This effort is to ensure that this new revolution is human centric.
Not just benefitting a privileged few, but serving all of society.
To minimize a negative impact created by the Fourth Industrial Revolution we
need to adopt “human centric design” principles. Data of course plays a key
role. Where it comes from, who owns it, what you do with it, and who takes
the rewards. It requires a multi layer governance approach.
Layer 1: The Blockchain Foundation
Blockchain has the potential to be the ideal platform for a system of accurate
human centric protocols. This is due to its peer-to-peer security architecture,
transparency and ever evolving features.
Layer 2: The Internet of Things – Where does the data come from?
There are more connected IoT devices than there are people on earth. It is the
perfect opportunity to collect data to help solve some intractable problems.
In order to ensure that it is not misused, three crucial protocols must be
Ensure that all data comes from a trusted source.
- Ethics Switch
The operating system must allow for ethical rules to be deployed based on the legal framework of relevant jurisdiction.
- Over the Air Upgrade
Software and security needs to be upgradeable without the need for physical replacement, in case of hacking or the change of a legal framework.
Layer 3: Data Ownership
Data privacy is a key concern for everyone. A decoupled architecture would
address concerns while maximizing potential. It would consist of:
The relevant agency will need to be able to determine the rightful owner of the data.
- Right To Use
The owner will specify the purpose and the duration the data can be used.
The owner will determine if there needs to be any compensation for the right to use.
Layer 4: Cross-Border Data Flows
In order to reach the full potential of these protocols, the new operating system
requires an architecture that is interoperable across borders.
(For the full story click here)
The First Industrial Revolution used water and steam, the Second used
electric power, the Third used electronics and automation. Now a Fourth
Industrial Revolution is occuring, characterized by data and a fusion of
technologies that is blurring the lines between various elements. Murat
Sonmez (Head of the World Economic Forum Center for the Fourth Industrial
Revolution) has written this expensive professional overview , depicting out
still stagnant “”too late”” format of thinking and acting which is in total
disonnace to the revolution occurring around us. This fourth revolution and the
adaptation of society are part of why iAID has come to life. We believe the
entire approach of adapting and implementing technologies must change and
align itself to this new paradigm. We will continue this effort and search
solutions which may help us all catch up.
-Nir Tenenbaum, iAID Co-Founder and C.I.O