Catch our latest podcast here where we discussed the topics covered in this blog post.
Industry 4.0, the fourth industrial revolution, is the ongoing automation and digitization of manufacturing processes. In this blog post, we explore the concept of the digital vortex in Industry 4.0 and how one can navigate the future of technology, particularly amidst scepticism around the relevance of AI, blockchain, and electric vehicles.
To navigate the future of technology, one must approach it with humility, knowing that everyone's opinion about the future is most likely wrong. While everyone has an opinion, those with depth and breadth of experience and familiarity with technology and its impact on human society have more credibility and weight. The revolution of electric cars is underway and we cannot ignore the rise of AI and blockchain. The disruptor playbook is the way in which the existing status quo is dramatically transformed. Typically, a startup will develop a new technology, then be in stealth mode, and then have a surprising launch, as we saw with Tesla's Model S.
Doubling down every year only takes seven to eight years for the market to be replaced. In Europe, electric car vehicles are now at 20 to 30% of sales, and by 2030, the European market will only be electric vehicles. Only classic cars and unique pieces will have combustion engines. The driving force behind this shift is the changing norms of what is cool and normal. So, as we prepare for the future, let us navigate it with humility, knowing that we may be wrong about our predictions.
Building a better world is a collaborative endeavour that requires ethical conversations, multiple skill sets, and the ability to operate at many levels. Corporate social responsibility (CSR) initiatives are an important starting point to promote a higher sense of consciousness within organizations. Without CSR initiatives, management focuses only on maximizing shareholder value and profit, often leading to scandals and poor governance.
Investing in ESG (environmental, social, and governance) is not only a moral decision, but it is also an investment in the company's success. ESG investing is moving in the right direction, and more and more people are choosing to work in ESG-positive environments. Ultimately, building a better world starts with upgrading your talents to leadapreneurs.
A leadapreneur is an autonomous digital innovator ready for industry 4.0. With the right skillset: leadership, management, entrepreneurship, collaboration and communication, an organisation can master the disruptor playbook.
The first step to achieving a successful life is to recognize that as a human, one can learn and improve themselves. One should ask themselves if one wants to keep living a life of survival, or if one aspires to make things better for themselves and those around one. Activating the genesis mindset that operates on the principles of believing is crucial to achieving one's goals. Ultimately, it comes to building your better BAU with the right mindset and skillset.
Created by Jan Henrik Bartscht and Hanaa Maysoon, compiled by chatGPT.