We live today a period of acceleration of time and complexity of the space. The moment when a new type of society is born. This is reflected in the constant transformations, both from the macro point of view, at the state level and the global order as well as in the micro level: attitudes or way of doing things in everyday life.
The application of technological advancement holds many advantages but also many challenges. Within the first thing we can list advances that have been simplified, improved and even prolonged human life. On the other hand the risks of this fourth revolution are not only challenging but also dangerous.
The application of the technological revolution to the labor market represents a serious challenge to the quality of life of millions of workers. It is a global risk the concentration of wealth in hands of a global minority. Today we live in a structurally unequal world, where a group of hundred people concentrate the same percentage of wealth that half of humanity, 3.5 billion people.
Technological developments and their profits concentrated in few hands will only lead to the end of society as we know since such conditions can not sustained in the medium and long term. Technology has increased the gap substantively. It has left many out of the benefits from the technological revolution and it has concentrated the fruits in a few hands.
The concentration of wealth and high levels of inequality are contrary to liberal democratic state. But this is not the only thing that affects the state as we know
The real challenge of this new revolution is considering the human being in the heart of it. Scientific progress and technology development is meaningless if it is not serving humanity.
It is therefore essential the role of governance, both local and international, to guide the changes in benefits of all and thus enable sustainable development in the medium and long term. It depends on this a successful and fair transformation of our world.
Finally doing an analysis of our current situation, we are not very encouraging in the short term as global structures and effectiveness of state for allocating resources does not work properly. Perhaps the complexity of today’s world and the resurgence of anti-establishment and extremist elements can be understood from a model that does not answer to the needs of the human being.
In the policies adopted at regional and global levels we will see if the challenges become or not a opportunity to live in not only a more efficient but also more fair world. The fruits of innovation belong to humanity.