The world is in race for compelling AI services such as digital assistant and autonomous driving. The big data collected from these services not only improve the service quality but also enable expansion to new services. The formation of this virtuous cycle between AI services and big data leads to transformation of industry, which involves dismantling vertical and horizontal industrial boundaries and shifting the overall industrial leadership to those leading this race. The so-called “fourth industrial revolution” refers to this broad scale of digital transformation.
If the ongoing transformation is indeed a new industrial revolution, the history tells that the shift of job demand is inevitable and many people will suffer from the mismatch between the new job demand and the slowly changing educational institutions. The exponential growth of data scientist and engineers in the leading Silicon Valley companies is an early indication of this job shift.
In this talk, I will review the efforts of digital transformation across the globe and provide recommendations on universities and governments to lead the digital transformation in the era of the fourth industrial revolution.