Accelerating a More Sustainable Industrial Revolution with Digital Manufacturing
This article is part of the World Economic Forum Annual Meeting.
The Fourth Industrial Revolution is shaping up to be one of the most significant opportunities of our lifetime. We are already seeing jobs, policies, industries and entire economies shifting as our digital and physical worlds merge. This represents an important opportunity for business and for society. With this industrial revolution, we have a collective responsibility to ensure sustainability is a priority from the start.
According to the World Economic Forum, the value of digital transformations in the Fourth Industrial Revolution is estimated at $100 trillion in the next 10 years alone, across all sectors, industries and geographies. The manufacturing sector, which has long been a driver of global prosperity and economic growth, is key to this transformation.
Emerging technologies such as AI, robotics and 3D printing are disrupting the manufacturing industry and unlocking new ideas and potential that were previously unimaginable. With this change comes opportunity. 3D printing, in particular, is at the forefront, given its ability to reshape the sector. If we make the right decisions, it can also drive sustainable impact for our planet, people and communities.