We have created massive wealth inequality during the first three industrial revolutions.
How could we avoid falling into the same trap while we adopt the even more potent 4th Industrial Revolution Technologies such as AI, Machine Learning, Blockchain, Mixed Reality, and Quantum Computing.
This inequality continues to grow. For instance, OxFam reports – “The number of billionaires owning as much wealth as half of the world’s population fell from 61 in 2016 to 43 in 2017 to 26 in 2018. Billionaires wealth grew 12% and half the population wealth dropped 11%.
Could we democratise wealth by giving every human access to education, access to opportunity, access to identity, access to re-skilling and access to finance?
Could we do this at scale, without bias through the idea of Platform Economy?
I am passionate about finding practical solutions to amplify human potential.
I run the Education, Energy, and Services Industry verticals for Infosys.
Specifically on Education, we must first take stock of the new skills required to both design the future and take part in the future of work.
60% of kids entering education today will end up in jobs that don’t exist today. Soft skills like creativity, collaboration, empathy and curiosity must be developed early on.
Whilst skilling for the future is important, we must not forget the current workforce. Re-skilling is even more important.
Access to education cannot be designed in isolation, it must be combined with real opportunities and financial gratification associated with it. As the Gig Economy emerge, I see that access to education, opportunity and finance are to be designed together in order to take on the element of motivation.
Whether you are living in a refugee camp or attending oxford or working for Google, the anywhere anytime any-skill platform must excite from taking you from where you are to where you aspire to be.