Most likely, in 20 years we will work 30 hours per week instead of 40, but in more specialized positions, more qualified and strongly related to the knowledge economy. And living with robots. If countries do not prepare, global unemployment will increase significantly.
The german concept of Industry 4.0, Intelligent Industry or 4th Industrial Revolution is for real in development and involves the digitalization of production processes in industry, either through sensors or through information systems, transforming these processes to make them more efficient.
Its progress is characterized by continuous growth and rapid changes, with the goal of prospering and improving living standards through services and products with high added value.
But there is a new concept that is being coined, focused on the people but not on the industry. The Society 5.0.
Ideas start with ourselves. In sports, being familiar with or knowing the playfield has been debated to a great extend about how this made a difference to obtain a competitive advantage over the local team.
At the same time, this has had to do with the kind of grass and the size of the field. But at the end all teams obtained the same victory rate playing at home.
The question lies in not having found a real differentiating factor that could give any team a competitive advantage over its adversaries, beyond the advantage of playing at home.
The quality of the team counts and a bigger budget can attract more talent and, therefore, more victories.
Then, am I just saying that the team with more resources is the one able to attract more talent and therefore capable of improving its victory rate? Or, on the other hand, a team on a lower budget will never be able to get a talented and competitive team on low wages?
To both questions the answer is no. As the film Moneyball points out, it’s about breaking the rules.
“Success is the ability to go from one failure to another with no loss of enthusiasm”. Winston Churchill -already a beloved character in this blog- always believed that falling down, standing up and learning was the path towards any goal. He also understood the need of an extremely well designed plan to reach it. His words still have got the power of a meaningful sentence.