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Supported by the World Economic Forum Russia 4.0. Fourth industrial revolution as a driver of competitiveness

PASCAL HALL, October 17, 09:30 — 10:30

Standing on the brink of the Fourth Industrial Revolution, the world is at the threshold of great societal transformation. New technology breakthroughs, including artificial intelligence, Internet of Things, next-generation robotics, 3D printing, wearables, genetic engineering, nanotechnology, advanced materials and biotechnology will impact more than just industries and economies - it will impact values, communities, individuals and possibilities for future generations. These technologies, combined and connected, can be the engine for the dramatic economic growth and productivity, and the driver for competitiveness. However, while the scale, speed and scope of the Fourth Industrial Revolution can create huge opportunities it also brings challenges, disruption and risk that must be solved in order to ensure we build an inclusive, prosperous and human-centered future. World Economic Forum’s representatives will present the newest Global Competitiveness Index that assesses the competitiveness landscape of 138 economies, providing insight into the drivers of their productivity and prosperity. This year’s edition highlights indicators related to the Fourth Industrial Revolution. It will help assess Russia’s readiness for this revolution and ways, in which Russia can turn its current successes into long-term economic benefits. The session will use World Economic Forum’s Transformation Maps to guide the discussion.