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And if countries are smart about appropriating foreign technology, it can lead to long-term productivity increases as well. As Africans learn techniques, ideas and tricks from foreign companies (and invent new ones themselves), they will gain the leverage to capture an ever-bigger slice of the value that foreign investments create — and as their productivity improves, that value will grow in size. Meanwhile, African governments will control access to an increasingly large share of the world’s young customers, and will be able to use this leverage to extract ever-greater concessions — money, technology and favorable contract terms — from multinational corporations.
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"We should separate business with politics," said Dr. Tembe. Beyond the romance of China-Africa friendship, now it is the time for China and Africa enhance business ties according to him.
"First, Africa must have intra-trade. We cannot expect to rely on China to develop Africa. Africa must open its borders and upgrade intra-trade. Second, when we embark on the fourth industrial revolution, we should understand that many African countries are in different situations.
"That is why China has chosen some countries as piolet destinations for Chinese investment. Not because of China in favor of these countries, it is because China has aware of specific conditions. Where is feasible to do business, and we should focus on that," emphasized Dr. Tembe.
"The main issue is to speed up industrialization and FOCAC and create strong pillars that will sustain Africa-China relations, not bilateral relations but for a greater part of humanity. That is what China stands for," added Tembe.
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"The industrial revolution thus far has proceeded on the notion that the appropriate metric was an increase in productivity or efficiency. So machines did what humans couldn't, faster, without lunch breaks, relentlessly," Bell said.
Doing it over again, we might have done things differently, she said. We might have included environmental sustainability as a metric.
"What you measure is what you make, and so imagining that we put our metrics up at the front would be a really interesting way of thinking about this."
Metrics for fourth revolution systems might include safety, quality of decision-making, and quality of data collection.
Some AI techniques, including deep learning, are energy intensive. Around 10 percent of the world's energy already goes into running server farms. Maybe an energy efficiency metric would mean that some tasks would be done more efficiently by a human.
From barter to currency, from writing to printing, from printing to the Internet, from the Internet at home to the internet on mobile, from the loan from the bank to the public to the loan from the public to the big company in the stock market, from crowdfunding to inter-barter, from the vacancies of sharing the use of bicycles, to the satellite parcel service taking advantage of those bikes, from the steam engine to the combustion engine, from gold to the dollar, from alchemy to chemistry, from metaphysics to quantum physics, from classical theater to absurdity, from geometry to topology, from logic to quantum logic, from cybernetics to robotics, from theory to practice, from ideas to concepts and vice versa, all , well, everything has its value according to where, in its proper place, nothing disappears, everything is usable in its due lands, even more virtually, via Sylodium, Rexiología, Critaxis and Heminemética.
Axis X. (Our) Ontology.
x1 Essence: x2 Subjects x3 FACTS. x4 Phenomena x5 New Class
Axis Z. (Our) Potentiality.
z1 Ideas. z2 Categories. z3 Entities z4 Here and now. z5 History
Axis Y. (Our) Reality.
y1 Nature . y2 Principles. y3 Rules. y4 Structure. y5 The Power, The truth. The Tech.
One of the critical elements lies in the speed with which changes are taking place. The evolution of fieldbus provides a good example. The adoption of buses compared to traditional, analog interfaces took several years to be accepted as a new standard. In fact, there are still companies that prefer the old way of doing things. We are now moving on to the adoption of real-time Ethernet buses, but at a seemingly higher speed than the previous step.
Many new and exciting technologies are now available and the union between the IT and industrial automation worlds is taking place. This is giving rise to scenarios unattainable until a few years ago. Networking, in its broadest sense, is the enabling element of the new industrial revolution.
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In recent years, the mainstream media has been full of reports about how Artificial Intelligence, robotics, and other ‘Fourth Industrial Revolution’ technologies will decimate human employment, taking anything from ten to 50% of jobs, depending on which survey you believe.
Lawyers, accountants, auditors, financial advisors, bank tellers, and other middle-class careerists will join the redundancy queue, suggested the World Economic Forum. Some might see that as payback for the 2008-09 financial crash, were they not being joined by drivers, factory workers, clerks, and secretaries.
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