First came the heavy steam engine, then was the assembly line and finally came the digitalisation of innovation: third successive industrial transformations reorganized the global order and changed the way people live, function and interact. The world was still adapting to the results of the 3rd industrial revolution when a 4th one began to take shape. The 4th Industrial Transformation - a term first created by Teacher Klaus Schwab of the World Economic Forum - blurs the lines between the physical, digital and organic balls. It merges various modern technologies together, along with various other lower-tech items, to produce one seamless and immersive experience that facilitates individuals's lives.

In his book, The Fourth Industrial Revolution, Prof. Schwab asserted that the 4th Industrial Revolution is fundamentally different from its precursors. The previous 3 transformations were generally characterised by developments in technology and the wonderful potential these innovations have to attach billions of people to the internet. The 4th Industrial Change, nonetheless, offers unique chances to entirely re-imagine human communication and interaction in ways hitherto unimagined.

Given that the introduction of the principle of the Fourth Industrial Revolution, there has actually been a remarkable growth in its components, such as expert system, Blockchain and various other innovations," stated Schwab as he opened up the second Yearly Fulfilling for the Global Future Councils in Dubai on November 11, 2017. "This needs great partnership in between the general public and economic sectors in order to carry these innovations to offering the higher good. The concepts created right here today will certainly contribute fit an usual future in a fragmented world."

The United Arab Emirates has actually been at the fore of global efforts to welcome and execute Fourth-Industrial- Change innovations. In September of 2017, the Emirati government introduced the UAE Technique for the 4th Industrial Revolution, which aims to enhance the country's placement as a global hub for future technologies, as well as to enhance the payment to the nationwide economic climate from innovation and future innovations. The bold initiative absolutely nos in on a variety of critical fields, consisting of innovative education - the bedrock whereupon the Emirates could construct a certified human capital that could develop advanced sciences, such as nanotechnology and expert system.

With that in mind, the Mohammed bin Rashid Al Maktoum Knowledge Foundation - as one of the region's premier knowledge-centric organisations - has actually opted to commit the 2017 version of its yearly Knowledge Summit to discover the Fourth Industrial Revolution and its results on knowledge, education, research and development, publishing, media and nanotechnology, among others.

Professor Jackie Ying, Founder & Chief Executive Officer of Singapore's Institute of Bioengineering & Nanotechnology, who is readied to attend the Knowledge Summit explained it as "a significant event that combines prominent specialists in different fields," while 14-year- old Artificial Intelligence Expert Tanmay Bakshi - additionally set to participate in the Summit - said: "The Knowledge Summit will certainly play a considerable function in making the Middle East and Dubai a principal in [Fourth-Industrial- Revolution technologies].

The choice of theme for the Knowledge Summit 2017 restates the Structure's commitment to synchronising the Summit with the UAE Government's plans and methods, which seek to capitalise on the possibilities produced by the Fourth Industrial. Revolution for the benefit of society at large. The Summit combines decision makers and experts to check out ground-breaking technologies, their measurements and their duty in the decision-making procedure, along with their extensive impact on human life - particularly in media, technology, education, healthcare and economics.