German engineer and economist Klaus Martin Schwab, the founder of the World Economic Forum in Davos, who holds doctorates in economics and engineering, is one of the most prominent researchers and developers of the concept of the fourth industrial revolution. Initiated by The Engineering Industries Association LINPRA and with the help of partners, professor’s book The Fourth Industrial Revolution has been just released in Lithuanian language and introduced during the Annual Economic Forum 2017 in Vilnius, 12 October.
As the main guest and speaker of the event, Klaus Shwab shared his ideas comparing the concepts of Industry 4.0 and The Fourth Industrial Revolution, explaining that revolution is much more overwhelming and refers to more aspects, not only digitalisation of the industry. One of the most important aspects is Education4.0 – traditional education mixed with lifelong learning and development of digital skills, maybe even coding, since young age.
During the visit Professor K. Shwab was awarded with the honorary doctorate of Kaunas University of Technology and delivered a public lecture on Friday, 13 October.