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Sharjah / Emirates Business
The second and concluding day of the Sharjah FDI Forum 2017, scheduled to take place on 20 September, 2017 under the patronage of His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Member of the Supreme Council Ruler of Sharjah, will address current dominant economic trends, sustainable economies, the impact of technology on education, small enterprises and the UAE’s plans and policies for the future.
Themed ‘The Fourth Industrial Revolution’, the third edition of the Sharjah FDI Forum is organised by the Sharjah Investment and Development Authority (Shurooq), and the Sharjah FDI Office (Invest in Sharjah) in a strategic partnership with the CNBC Arabia. The Fourth Industrial Revolution is a modern and advanced level of technological development which will have a significant impact on personal
and professional life, Through the likes of artificial intelligence, blockchain, the internet of things (IoT), and robotics.
The concept of the Fourth Industrial Revolution is connected to the automation of industries and decreasing human manpower, where roles will become limited to directing and monitoring. As a result of this, scientific capabilities and aptitude in the current workforce will need to be harnessed in order to contribute to developing technological and digital infrastructure. Many experts agree that there are significant advantages to this revolution, but at the same time there are many challenges that will face communities as a result of reducing the labour force and the loss of hundreds of thousands of jobs.