Economy In Transition: Are We Prepared? EU Economics of 2030 and - PowerPoint PPT Presentation

Economy In Transition: Are We Prepared? EU Economics of 2030 and beyond Supply Chain Sustainability for Innovation and Growth Dr. Ernst Schmied, CVI Contributing Counselor Council For A Progressive Economy 2017 (CPE) Rethinking Society for the 21 st Century 10 th Global Supply Chain and Logistics Summit 22 Nov 2017 www.sclgsummit.org

Agenda 1. Opening Statement 2. Film about Industry 4.0 (3min) 3. Considerations 3.1. Work & Employment 3.2. Income & Revenue 3.3. Education in Era of Artificial Intelligence 3.4. Ethical Considerations 4. What does this Mean ? 9 Feb 2011 10 th Global Supply Chain and Logistics Summit 22 Nov 2017 www.sclgsummit.org

Top 20 Country Ranking 10 th Global Supply Chain and Logistics Summit 22 Nov 2017 www.sclgsummit.org

Opening Remarks Supply & Added Value Chains in …and each employee also on the the Phases of Product shop floor has to make so much - Development money to be able to afford to - Manufacturing choose, buy, drive - Use and enjoy a FORD… and relevant 3 Chains …in USA (and in China & Gulf - Material & Product Flows Region )… - Technologies ….and a balance between - Capabilities production and consumption….  Sustainability balancing Surplus Creation and Surplus Distribution? 9 Feb 2011  Challenges in the Age of 4.0, AI and Robots for Opportunities & Growth?  How Opportunites and Jobs will look like (Trump will bring back in the U.S.)? 10 th Global Supply Chain and Logistics Summit 22 Nov 2017 www.sclgsummit.org

CPE Concerns & Awaiting • Concern at CPE is expressed – Under-estimation of the range of economic and social impact from extensive and multiple applications of robot, artificial intelligence, and digital technology onto 2030. – that EU and member States Officialdom yet cling to policy directives, program initiatives and human advancing goals, from a conventional fading phase of EU Industry. – that preparation for reordering institutions befitting to new era civil societies, and felicitous social policies for inhabitants, to contend with the industrial transformation in progress, remain yet largely to be attended. • CPE awaiting preparation – are alternative (modernized) industrial and social policies for addressing required competences for worker participation in an era of autonomous productive organization. • CPE Resolution asserts – social innovation, and social enterprises, are vital 21st century functions for human engagement. – preparedness for a “new start for Europe” . What new means set a basis for individual access to the land’s productive resources and provision for individual “well - being” ? 10 th Global Supply Chain and Logistics Summit 22 Nov 2017 www.sclgsummit.org

Work & Employment • The CPE Resolution urge – Policymakers reassess the Delors White paper of 1993 on Growth & Employments … and Fundamental Rights incl. jobs for all. – supplemental labour policies that expand work opportunities in voluntary beneficial activity as alternative to frustrating joblessness. – policies for expanded private and public sector “social innovation” initiatives conducted via new forms of worker cooperation … . – application of new statistical measures for economic performance and social development as indicator for progressive state governance. • The CPE Resolution proposes – Forming a permanent tri-partite public-private Commission (Government, Industry, University) and report development/application of artificial general intelligence. 10 th Global Supply Chain and Logistics Summit 22 Nov 2017 www.sclgsummit.org

Income & Revenue • The CPE Resolution urge(s) – minds the distribution of wealth in a robot/AI industrial society must be based on criteria strikingly different form an economic system based on Scarcity. – urges any public policy for continuous redistribution of tax revenues to individuals should accompany private and public organised programs affording incentives to engage in chosen communal activities. – proposes commissioning economic, scientific to asses and report on alternative concepts for communal work projects. – proposes any Pension financing formula crediting income from wage earners should also include hours from volunteer activities. – urges timely assessment of tax revenue from a new era productive processes and income stream sources. – urges investigation into the prospects expending shared ownership liker “Profit and Asset Sharing” and social institutions. – Urges further application of Blockchain technologies for increasing financial transaction security, reduction transaction costs form the interposition of Intermediaries. 10 th Global Supply Chain and Logistics Summit 22 Nov 2017 www.sclgsummit.org

Education & AI • The CPE Resolution urge(s) – minds what now are vouched exclusive human abilities – and may remain so for some period in AI development – are not certain competencies beyond AI advances. – urges public education Administrators reassess the 20 th century models for early childhood development, primary education, and advanced “vocational” education. – urges adoption of education policy (model) that prepares coming generations of prime-age individuals for more self-reliant, purposeful, active, communal life during lengthening periods of “free time”… – minds public education’s future aim must enhance the singular competencies distinguishing human, from artificial intelligence , social competence, creative arts, moral capability, autonomy, the capability of humans to search, discuss, reflect on … – proposes forming a tri-partite public-private Commission (Government, Industry, University) mandated by the EU Commission to monitor and every 4 years report Industry Milestones towards development/application of artificial general intelligence … tracking towards public education goals . 10 th Global Supply Chain and Logistics Summit 22 Nov 2017 www.sclgsummit.org

Ethical Considerations • The CPE Resolution – asserts that social transformation driven by robot, AI and digital technologies presents opportunities for unique social benefits. – urges EU and State governance to enlarge the debate on ethical guidance defining ethical principles and norms while minding public concerns amidst their rapid applications and outreach. – asserts that autonomous processes foremost should be in Service to humans. How to administer an equitable access to the benefits from “human enhancement” and document its applications. – cautions that diverse applications of autonomous processes will lead to a substantial loss of industrial wage jobs. – expresses concern that increased interaction between robots and humans and their routine interventions in social and personal processes and relationships could lead to a degradation of the image of humans, of human mindsets, and a degrading of human dignity. – minds that public education should prepare for a new society and economy unique competencies for enabling and advancing human’s distinguishing nature from robots with artificial intelligence. 10 th Global Supply Chain and Logistics Summit 22 Nov 2017 www.sclgsummit.org

What does this mean? With the Advent of the Electronic Age and Peak Industrial Robotos we have entered into new period of transition human being never have been challenged like before: - Transition from Knights and landed Nobility to mercenaries and burghers - Mercantilism from colonization of the Western Hemisphere (New World) - Migration of Population from rural to urban setting and decline of serf/peasant class - Industrial revolution (yet in progress) - Advent of electric energy Each period drastically altered the nature of man as livelihood „worker“ and his socio-economic environs. Each transition induced social dislocation. With each one aptly may have noted „the world will never again be the same“ . 10 th Global Supply Chain and Logistics Summit 22 Nov 2017 www.sclgsummit.org

Thank you all very much for Coming Together at the traditional 10th SCLG Dubai/UAE Summit 2017 Please lets Keep Together .....and hopefully Work Together … ..and continue to exchange common learnings in our electronic age and the peak of industrial robots However, Safty begins with Teamwork … . at.linkedin.com/in/ernstschmied https://www.facebook.com/ernst.schmied For more information please contact Dr. Ernst Schmied ernst.schmied@cvi-group.com +43 660 567 5577 10 th Global Supply Chain and Logistics Summit 22 Nov 2017 www.sclgsummit.org