Wednesday, 20 April 2016

Source:: iasscore

WEF Davos annual meeting discusses major challenges faced by World
WEF annual summit discussed various themes concerning world. The main issues were
1. Latest Technologies and 4th Industrial Revolution:
a. In the area of technology new technological developments like robotics, automation and Artificial Intelligence will lead to 4th Industrial revolution.
b. These developments will change the global labour markets and it will be challenge for the governments to cop up with the ensuing changes.
c. Redundancy of jobs and associated skills will lead to net loss of jobs to the tune of 5 million and put a challenge before governments to provide future ready skills, control unemployment and inequality.
Read more at: http://goo.gl/g7e1OC

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