The Role of Governments In Sustaining The 4th Industrial Revolution
- 2. Topics
Understanding Industrial Revolution Forces of Change
Understanding the concerns and expectation
Understand the stakeholder’s pillars
Practicing change and shifts
Impact and policy changes
Sustainable Growth Trends
- 3. Concerns!
Governments face
modernization
challenges
01
Cannot keep up with
citizens in digital age
and there forward
02
Methods of merely
providing
infrastructure, law and
order and social
welfare, etc. is no
longer enough
03
Governments that do
not change in the
digital age will face
risk of being sidelined
in critical industrial
shifts
04
- 4. Result
From a service provider
to an inclusive
government
Achieve results with
citizen
From consumer
citizens to value
creator citizens
A government that
creates public value
- 7. What do industry revolutions have in
common?
They shape every aspect
of our lives
The give rise in economy,
build economic leaders
Betterment of humanity
Short term job
disruption, long term
exponential job increase
IR 1 gave rise to 2, 3 gave
rise to 4, and so on
First and fast adaption
lead top most
economically flourished,
- 10. What is this?
• It’s not just a fancy touch phone
• It represent a trillion-dollar industry
• It has revolutionized the way we consume data
• It changed governments
• It created organized criminal rings
• It made big fake news bigger than reality
(flatearth, anti-vaxx)
• But also It represents one in many pillars of
opportunity as a result of the 3rd encroaching
4th industrial revolution
- 23. Recap on a why the need for shift in policy
making in the 4th IR
Adapt to speed of
technology
Take care of trust in
society
Integrate innovation that
cares for environmental
and social impact
Consideration for
transnational or cross
border impact
- 24. AI and
automation
impact
• Consequences
• Job reduction due to
automation
• Tech forcing prices down
• Tax base erodes
• Algorithm biases
• Beckoning policy
• How to keep workforce
that will be affected
• Tax re-evaluation and
reconsideration.
Automation of taxing
system
• Universal basic income
• Policy on ethics
- 25. IoT and its
impact
• Consequences
• Rise in energy use
• Disposing of equipment
• Data breach and cyber
security issues
• Network stability and
risk of critical sensors
going down
• Beckoning policy
• IoT energy policy
• Promotion of reusable
and natural sources of
energy
• IoT central security and
privacy policy
• The concept of upcycle
instead of recycle
- 26. Autonomous
vehicles (AV)
and its impact
• Consequences
• Job loss, industry
collapse, low skilled
worker impact
• Increased in car travel
exponentially and
disrupting mass
transport
• Environmental effect on
combustion-based
engines
• Real estate prices could
change dramatically
• Cyberthreat
• Beckoning policy
• Retraining of taxi drivers
etc
• Promotion, subsidies
and incentivize electric
vehicles that are AV
• Cities strategies to cater
for AV
• The concept of upcycle
instead of recycle
• AV policy on
cybersecurity
• Guidelines on liability
implications, route
management
- 28. Drones
• Consequences
• Breach private spaces of
civilians
• Noise pollution
• Spying or attack
• Job loss
• Beckoning policy
• Drone licensing
framework
• Aviation regulators to
include in its guidelines
• HSE framework
- 29. Cloud
• Consequences
• Big datacenters are
power hungry to run it
and cool it
• Cybersecurity risk as
sweeping cloud services
breaches affects all
users
• Beckoning policy
• Encourage use of
natural resources to
power DCs, e.g.
Microsoft, Google
• Working with RSA-Cloud
Security Alliance to
build proper and strict
guidelines
- 30. Government’s Role in
Sustainable Development
Government have a
critical role to play for 4IR
to succeed in Malaysia
Historically, successful
economies depend on its
government that spend
big for R&D
Can afford failure
Can catalyze measure to consider
for environmental, social and the
economic
Policy mechanisms can be
put in place
Market based measures
Regulation
Direct action
- 31. Fostering innovation, everywhere
ENERGY – E.G. AI AND ML
OPTIMIZED POWER PLANTS
TRANSPORT – ADVANCED
MATERIALS, NANO/GRAPHENE-
BASED ENERGY SOURCES
MANUFACTURING – USE OF
IIOT WITH AI, ROBOTICS,
VIRTUAL REALITY, DRONES
AND ADVANCED MATERIALS
RETAIL – REDUCTION OF BRICK
AND MORTAR STORES INTO
VIRTUAL SHOPPING
COMPLEXES, GLOBAL
EXCHANGE OF GOODS AND
SERVICES THROUGH
BLOCKCHAIN
FINANCE – USE OF AI AND
BLOCKCHAIN AND IOT