Digital resilience during the Fourth Industrial Revolution
- Published: Wednesday, 29 June 2022 08:50
A new report on how digital resilience can be advanced by developments in artificial intelligence (AI), quantum technology and cloud computing has been produced by Resilience First with Accenture and Cranfield University.
Entitled 'Digital Resilience', the report says that we have moving into the ‘Fourth Industrial Revolution’, which is characterised by a fusion of technologies that blur the lines between the physical, digital, and biological spheres. The report finds that this latest industrial revolution is moving at an exponential pace compared to previous revolutions. Moreover, it is both advancing and disrupting almost every industry in every country. The breadth and depth of these changes herald the transformation of entire systems of production, management, and governance. The key questions are how resilient the new technologies can be and how can they affect the resilience of organizations.
According to the report, the opportunities and challenges these technologies represent are enormous. They can raise global income levels, improve the quality of life for many around the world, and produce new products and services that increase the efficiencies and resilience of many organizations. Yet, technology can also contribute to societal inequalities, reduce resilience by making us ever more dependent on those technologies, and question our ability to control progress within fragile social structures. The benefits of the Fourth Industrial Revolution must be carefully balanced with the potential risks.
Read the report (PDF).