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Better Training Is Needed to Usher in Fourth Industrial Revolution

Thursday, February 8, 2018

Takeshi Niinami, chief executive officer of Suntory Holdings Ltd. in Japan, says that training will be key to usher in a “fourth Industrial Revolution.” He cites the current lack of specialized, highly technical skills needed to truly leverage available technologies, and says businesses and governments alike need to prioritize training. “Technology will be the rule-changer in the future, and we need to maximize the sensitivity of our antenna for technological innovation,” Niinami told the Japan Times at the World Economic Forum in Davos, Switzerland last month. The idea of the Fourth Industrial Revolution refers to the dramatic changes caused by the explosion of disruptive technologies such as artificial intelligence, machine learning, robotics, big data, and the Internet of Things. For these technologies to fundamentally change the way we think about work, however, Niinami says the private and public sector need to do more to prepare for this inevitable future.

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