Humans Might Not Survive the Fourth Industrial Revolution, Global Leader Says
That’s comforting.
- World Economic Forum chairman Klaus Schwab warns about humans losing control of the world during the fourth industrial revolution.
- During a World Government Summit talk, Schwab says the world must come together to stay ahead of the new technology.
- Without mastery of the quick-moving technology, humans can get left behind.
The hits keep coming from the World Economic Forum. Not long after the WEF’s recent annual conference in Switzerland, where global leaders predicted imminent catastrophic mutating events, among other things, the World Government Summit took place in Dubai this week. There, WEF founder and chairman Klaus Schwab said “we are faced with issues which are of existential importance for humankind.”
Schwab says the fourth industrial revolution in which we’re currently engaged—a confluence of innovations in AI, the Internet of Things, quantum computing, and more—will fuse together our physical, digital, and biological identities and could potentially “escape our power to master.” Of course, Schwab would love to see the world “reglobalize” to take on this impending change....
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I would love to see how Mr. Schwab's portfolio is positioned, in particular if he has solved the counterparty solvency problem inherent in Armageddon puts and other such end-of-the-world derivatives. I mean beyond the basic "always, always demand collateral. Upfront."
