The 4th Industrial Revolution represents a fundamental change in how we live, work and relate to one another.
The 4th Industrial Revolution is about more than just technology-driven change. It is about the opportunities it creates for human creativity on a larger scale.
Digital technologies can empower access to information, job opportunities, and services that improve people’s standard of living.
One of the influential 4th revolutionaries is Reid Hoffman. He is the co-founder of LinkedIn, along with founding team members from Socialnet.com and PayPal.
LinkedIn is one of the best social networking services that is changing the whole landscape of 4th industrial revolution.
It was founded in 2002 in Mountview, California but is currently has its headquarters in San Francisco.
It has been a social networking service geared toward professionals since its launch in 2003.
The social networking service LinkedIn has become the number 1 go-to service for people who want to network and develop business connections.
Airbnb, Inc. is regarded as one of the changing platforms currently. It is an American company that operates on an online marketplace for lodging, primarily homestays for vacation rentals and tourism activities.
The company was co-founded by Brian Chesky, Joe Gebbia and Nathan Blecharczyk.
Airbnb released data showing that hosts worldwide have earned a total of $150 billion since 2010, with hosts in South Africa earning almost R12 billion in the same frame.
“Digitization has impacted economic growth through inclusive finance, enabling the unbanked to enter formality through retail electronic payments platforms and virtual savings and credit supply technological platforms. More broadly, digitization enables entrepreneurs and businesses to rethink business models that are more impactful, sustainable and connected to other sectors of the economy.
“For example, digitization of fintech has bound the financial sector to affect the real sector and households, transforming product designs and business models across market segments. Businesses can design products and trade online, and individuals can operate financial services and payments for shopping and investment. The government is also migrating to online platforms to provide public services conveniently”, says brookings reporters.
The 4th industrial Revolution will continue improving the speed of creative processes and livelihoods.
Share This Post On
0 comments
Leave a comment
You need to login to leave a comment. Log-in
