World Monitor Magazine WM_5 | Page 122

additional content 8. Technology is indifferent to its impact on people. There is a growing risk that technology will harm the livelihoods and well-being of an ever-larger swathe of people, whether through displacement of jobs, due to robotics and machine intelligence, social isolation, or disruption of communities. This need not be true. Emerging technologies can help meet human needs in new ways that create new industries and unforeseen types of new jobs. This will require an evolution of global and local financial and economic systems to create the conditions that will allow this to happen. In addition, technological change is most likely to be adopted effectively in those parts of the world already advantaged over the last few decades. As a result, finding ways 120 world monitor to support the growth of the most disadvantaged areas becomes even more critical. 9. We need to focus on education to deliver the right skills for the future. This will require direct engagement between governments and businesses to match people’s needs with opportunities, particularly in a technology-enabled environment. Anyone reading this article is a citizen, and is likely worried about the future of their country and the ones they are close to. Given the pressing nature of the issues raised here, we hope that readers will reflect on the diagnosis and observations we suggest and engage their organizations and communities to address the growing challenges. It is important to recognize how frameworks developed over the last 70 years have in some circumstances led to troubling consequences. We urge you to focus on the issues as they exist now and some of the above observations about how to address them. A healthy economy needs a healthy society, just as a healthy society needs a healthy economy. This is one of the defining lessons of the period since the end of World War II. It has long served business and policymakers well to create the conditions for this commonality of interest. Now is the time for the system to be realigned, once again as throughout human history, around greater commonality of purpose. Based on: Strategy + business