The world is on the cusp of the Fourth Industrial Revolution (4IR), which is affecting the way people live, work, do business, and interact. Newly emerging technologies such as robotics, artificial intelligence (AI), internet of things (IOT), virtual reality, and 3D printing are fast becoming the new normal. Therefore, it is important to explore the development challenges for South Asia in the new era of the 4IR. In this context, one of the plenary sessions at the 12th South Asia Economic Summit (SAES XII) explored the links between 4IR and SDGs at the regional level.
The primary issue that arose at the plenary on ‘Promoting Innovation and Disruption in the Fourth Industrial Revolution (4IR)’, at the 12th South Asia Economic Summit (SAES XII), organised by the IPS, was the role of disruption in the status quo. The panel deliberated on whether governments and corporations should embrace and utilise disruption despite its drawbacks, or regulate extensively to curb it.
Meeting Challenges in a New World of Work: How Prepared is South Asia for the Fourth Industrial Revolution?
One of the plenary sessions at the 12th South Asia Economic Summit (SAES XII), organised by the IPS, deliberated on how best to meet emerging challenges in a technology-led, new world of work, in the Fourth Industrial Revolution (4IR). The panellists discussed how South Asian labour markets will be impacted by the 4IR and what the required policy responses should be in this new reality.
In response to changing skills requirements in the 4IR, new and effective forms of e-learning are being adopted worldwide. Sri Lanka has launched an initiative to develop smart classrooms (SCs) in several schools across the country. Such technologies allow for the installation of interactive tools or applications, uploading homegrown content, and downloading interactive content online, and encourage more critical thinking and problem-solving skills necessary in a digital economy. Ashani Abayasekara takes a look at current SC projects in Sri Lanka, with the aim of assessing their role in driving the education sector forward in a 4IR era.
During the Fourth Industrial Revolution (4IR), technology and innovations are at an increased risk of falling victim to Intellectual Property (IP) right violations, due to their important role in wealth creation and socio-political stability. As such, the development of comprehensive regulatory systems, inclusive of intellectual property (IP) protection, is crucial in this era, argues Dilani Hirimuthugodage.