Emerging Trends In The Fourth Industrial Revolution: Why Old Power Houses Are Dying


The Oasis Reporters

 



June 29, 2020

 

President Macron of France and German Chancellor Angela Merkel have been holding virtual meetings with other European leaders to forge a common front and ensure that their economies do not crumble.



The New 2020 ranking of the World’s most innovative economies contains only a small surprise for those following the 4th Industrial Revolution trend in the last decade, namely, that Germany after 6 years of trying, has overtaken South Korea as the most innovative and disruptive economy on earth.



Countries are weighted based on R&D intensity, patient activity, tertiary efficiency, manufacturing value-added, productivity, high tech density, and researcher concentration.

German economy remains number one in the 2020 rankings,


#1 🇩🇪 Germany
#2 🇰🇷 South Korea
#3 🇸🇬 Singapore
#4 🇨🇭 Switzerland
#5 🇸🇪 Sweden
#6 🇮🇱 Israel
#7 🇫🇮 Finland
#8 🇩🇰 Denmark
#9 🇺🇸 United States
#10 🇫🇷 France



The United States on the ranking is 9th, China 15th, and Russia 26th which is no big surprise because they are lightweights when measured on the ability to innovate in the face of changing times and if their economy can respond to megatrends, such as tech breakthroughs and the risks of climate change, as these dictate long-term success in the emerging Fourth Industrial Revolution.

FRUITLESSNESS OF POWER WITHOUT KNOWLEDGE

Today the so-called nuclear powers: The US, China, and Russia represent the past, not the future – The trio spends trillions of dollars each year modernizing old nuclear warheads – preparing or rather getting ready for a nuclear war that was last fought 75 years ago in Hiroshima and Nagasaki.

CLOSE-BORDER POLITICS IS STUPID.

For years, the United States touts itself as the land of immigrants – yet it has consistently deported or mistreated foreigners that were educated in her academic institutions.

Take Stuttgart as an example. It hosts a large migrant population, making it a very diverse German city. About 40% of Stuttgart’s 600,000 residents or 60% of people under the age of 18 come from abroad, twice the national average and the Stuttgart region – with its rainbow workforce is Europe’s leading location for innovation and its powerhouses of research and development.


World-famous companies such as Bosch, Porsche, Daimler, Trumpf, Festo, Stihl, Schuler, Dürr, Lapp, and Kärcher have their homes in Stuttgart here and they are powered by a high percentage of the intelligent immigrant workforce.

CHINA’S AFRICA HAS NO FUTURE

While I am proud as a Stuttgarter, I am sad and dismayed as an African that sub-Saharan Africa, is nowhere to be found in the emerging Fourth Industrial Revolution rankings – Algeria came #49, South Africa #50, and Egypt #59.

Our corrupt old lazy leaders in the payroll of the greedy People’s Republic of China want Africa to die with them and what is left taken over by China as collateral for their loan?

Written by Engr. Cade Agbugba


Engr. Agbugba lives and works in Stuttgart, Germany.

Greg Abolo

Blogger at The Oasis Reporters.

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