Dubai, December 5, 2016-- The Summit theme "Knowledge ... Present and Future", was on complete display during the opening session at the 2016 Knowledge Summit, organized by The Mohammed bin Rashid Al Maktoum Foundation, with a vibrant view into future modern technologies and its concealed effects on civil society and economics.

Thomas Frey, Executive Director and Senior Futurist at DaVinci Institute, has worked closely with world leaders and visionaries to develop initial research studies which allow him to talk on future fads in technology and their hidden consequences.

" Human have a very tough time envisioning the future as we are a really in reverse looking society. It can be seen in the way we educate each other with a very high emphasis on history and practically no teachings on future thought," Frey stated. Therefore, "we are strolling in reverse right into the future," he claimed. The future therefor obtains developed in individuals's minds and these people produce the future in the here and now. "If we transform the way we see future, we alter the means we choose and how we create both our civil culture and business economics," he said.

" The important things that has actually caused companies to fall short, in my sight, is that they missed out on the future," stated Google Chief Executive Officer Larry Page. Mr. Frey insisted that "over 2 billion tasks will vanish by 2030 and that is the surprise results of our quick innovation development". However he said, "if we understand all these hidden consequences we can create works at a much higher price".

As an instance, he reviewed the promptly establishing area of driverless cars and truck modern technology. "As we relocate towards the release of driverless cars we all could easily see the advantages of boosted safety and greatly boosted web traffic and gas effectiveness. Yet there is a hidden price that we have to identify and have strategies to take care of."

" 10% of all retail sales is connected with our cars," he stated. It is not just the production of the car itself that will certainly endure but the whole industry that sustains personally had vehicles. With driverless cars on demand, anytime and anywhere, you could obtain a cars and truck by utilizing your mobile phone application and just leave it when you are completed. This will certainly eliminate the demand for taxi and Uber vehicle drivers, valet solutions, parking lots, vehicle dealers, personal mechanics and many various other solution related jobs.

" So, where do we try to find new works? We need to take a look at all the jobs bordering the growth, production and maintenance of the driverless automobile. This implies we need to be start currently changing the means we inform our young people considering things like sensor modern technology, computer system processers, expert system and existing and future road facilities as instances. If we take a conventional training course and react to the marketplace when it has actually currently changed, we will certainly lose a great opportunity to earn life much better for individuals," Frey explained.

Business and governments that wish to prosper in the future has to take an alternative view of these innovation advancements. Looking in reverse at issues will no more function. We should ahead assuming and willing to buy the education and knowledge needed to guarantee our future success in this swiftly changing environment