The world in 2020 has changed fundamentally as technology integration becomes mainstream and key in the global response to the COVID-19 pandemic. The Fourth Industrial Revolution (4IR) relates to the combination of virtual, physical and biological interactions facilitated by technology. The convergence is breaking down the siloes between the digital, physical and biological worlds. This relates to digital technologies such as cloud computing, AI and blockchain, physical technologies such as autonomous vehicles and 3D printing, and biological technologies such as bioprinting and neurotechnology. This convergence of technologies is creating new opportunities by changing the way societies produce, distribute and consume goods and services. However, it also creates a range of risks that need to be monitored and managed.
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