Increasing innovation rate highlighted

DUBAI: The increasing rapidity of knowledge economy growth was outlined at the irst session of the Knowledge Summit 2018.

“The telephone took 50 years to reach a market of 50 million people, the mobile phone took 12 years, Youtube four, Facebook three and Twitter only two years. This really shows the acceleration of change – it is dificult to imagine it, but we are experiencing it and we have to adapt to it,” said Dr Cizelj.

Discussing how change had been a human experience ever since the very irst societies were formed, Dr Cizelj revealed the three main revolutions that had de in ed mankind’s progress to date, with the fourth being one that was currently underway.

“In ancient times, the destiny of communities depended on the wisdom and capabilities of leaders. There were many followers and very few innovators. The First Industrial Revolution gave us the steam engine and the Second Industrial Revolution gave us electricity, both of which reduced our physical burden and started the trend towards emphasising the acquisition of knowledge, intelligence and skills,” he said.

“Now with the third industrial revolution, we have a computer-based information society where many operations depend on a man-made machine called the computer. What we are experiencing now, with the Fourth Industrial Revolution and Artiicial Intelligence, is that we have gone one step further.”