Publishers: ADB / World Economic Forum 

Abstract

This research report focuses on the impact of the Fourth Industrial Revolution on the Association of Southeast Asian Nations (ASEAN).

The Fourth Industrial Revolution refers to a set of highly disruptive technologies, such as artificial intelligence (AI), robotics, blockchain and 3D printing, that are transforming social, economic and political systems and placing pressure on leaders and policy-makers to respond.

The paper discusses the huge benefits these technologies will bring, such as empowering SMEs and creating new ways to connect citizens to healthcare. Equally, it will bring tremendous challenges, such as deep disruption to jobs as AI and advanced robotics undermine both manufacturing and services jobs. The region will need a new approach to policy and governance to help it navigate these technologies, which do not recognize national borders.

This research report was suggested by the World Economic Forum’s ASEAN Regional Strategy Group. The report was written and researched jointly by the World Economic Forum and the Asian Development Bank (ADB).

This work is licensed under a Creative Commons Attribution 3.0 IGO License

 

Illustration Picture: ASEAN's map (credit: download from Dreamtimes.com)

Read more

Comments

No comments to display.

Related posts

Call for Applications: Communication projects which mitigate anthropogenic climate change

The Minor Foundation for Major Challenges (MFMC) is inviting applications from all over the world to fund communication projects which mitigate anthropogenic climate change.
Application Deadline in a month

EU's Call for Proposals: Digital technologies for improved performance in cognitive production plants

Proposals need to develop new technologies to realise cognitive production plants, with improved efficiency and sustainability, by use of smart and networked sensor technologies, intelligent handling and online evaluation of various forms of data streams as well as new methods for self-organizing processes and process chains.
Application Deadline in 4 months

Study reveals best use of wildflowers to benefit crops on farms

For the first time, a Cornell University study of strawberry crops on New York farms tested this theory and found that wildflower strips on farms added pollinators when the farm lay within a "Goldilocks zone," where 25 to 55 percent of the surrounding area contained natural lands.

EU's Call for Proposals: Reinforcing the EU agricultural knowledge base

Activities shall analyse and compare the approaches taken on their performance and impact for farmers/foresters as well as effectivity of the communication and information channels used for dissemination in countries and regions.
Application Deadline in 3 months

The Bali Fintech Agenda: A Blueprint for Successfully Harnessing Fintech’s Opportunities

In response to the Bali Fintech Agenda, the World Bank will focus on using fintech to deepen financial markets, enhance responsible access to financial services, and improve cross-border payments and remittance transfer systems.

EU's Call for Proposals: Sustainable solutions for bio-based plastics on land and sea

Activities shall focus on sustainability strategies and solutions for bio-based productsand support the Plastics Strategy. They shall include innovative product design and business models facilitating efficient reuse and recycling strategies and solutions, including ensuring the safety of recycled materials when used for toys or packaging food stuffs.
Application Deadline in 3 months

EU's Call for Proposals: Startup Europe for Growth and Innovation Radar

Actions should help startups and scaleups achieve market success and mature the innovation excellence of high potential innovators.
Application Deadline in 5 months

Gartner Identifies the Top 10 Strategic Technology Trends for 2019

“The Intelligent Digital Mesh has been a consistent theme for the past two years and continues as a major driver through 2019. Trends under each of these three themes are a key ingredient in driving a continuous innovation process as part of a ContinuousNEXT strategy,” said David Cearley, vice president and Gartner Fellow.

Volvo and NVIDIA will jointly develop AI-capable core computer for the next generation of Volvo cars

The new computing platform will use NVIDIA’s advances in AI as well as its unrivalled computing power, allowing Volvo Cars to take considerable steps forward in implementing advanced driver support systems, energy management technology and in-car personalisation options.

A Quick Look At The Latest Happenings In The Diode Laser Market

The Laser diode Market earned a revenue of $5.11 billion in 2017 and is estimated to grow at a CAGR of 5.44% during the forecast period of 2018-2023. By far, Asia-pacific is the largest and fastest growing market with a CAGR of 9.9%. Emergence of new market opportunities, innovative and power efficient product launches from companies are the key growth drivers for the diode laser market. The green laser diode is the fastest growing product type when compared with other diodes.