Mastering the Fourth Industrial Revolution
Summary
The World Economic Forum's 2016 Annual Meeting focuses on 'Mastering the Fourth Industrial Revolution,' addressing the systemic transformation of production, distribution, and consumption. The event aims to convene public and private sector leaders to tackle global challenges, including the need to scale climate action, create 470 million new jobs by 2030, and revamp global food systems to feed 9 billion people by 2050. The meeting serves as a platform for co-designing agendas across geosecurity, economics, and industry to navigate a landscape of slowing global growth and disruptive technological change.
Key insights
- The Fourth Industrial Revolution is characterized by its ability to transform entire systems of production, distribution, and consumption, rather than just individual products or industries, with significant implications for purchasing power, job creation, and productivity growth.
- Global economic growth has slowed since the global financial crisis, with 'normal growth' now expected to be around 3%, compared to the roughly 5% rate seen at the start of the century, which impacts social inclusion and job creation.
- The meeting identifies several critical global targets and challenges, including the need to create 470 million new jobs by 2030, close a $1 trillion annual infrastructure investment gap, and increase food production by 70% to feed 9 billion people by 2050.
- Climate action is identified as a priority requiring the scaling of technological innovations, new business models, and public-private collaboration.
Cite the original document
- APA
- World Economic Forum (2016). Mastering the Fourth Industrial Revolution. http://www3.weforum.org/docs/AM16/AM16_MeetingOverview.pdf
- Chicago
- World Economic Forum. Mastering the Fourth Industrial Revolution. 2016. http://www3.weforum.org/docs/AM16/AM16_MeetingOverview.pdf.
- Wikipedia
- {{cite report |author=World Economic Forum |title=Mastering the Fourth Industrial Revolution |date=January 2016 |url=http://www3.weforum.org/docs/AM16/AM16_MeetingOverview.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{worldeconomicforum2016mastering, author = {{World Economic Forum}}, title = {{Mastering the Fourth Industrial Revolution}}, institution = {World Economic Forum}, year = {2016}, month = jan, url = {http://www3.weforum.org/docs/AM16/AM16_MeetingOverview.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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