Klaus Schwab Quotes

All around us are the consequences of the most significant technological, and hence cultural, revolution in generations. This revolution has produced the most powerful and diverse spur to innovation of any in modern times.

All around us are the consequences of the most significant technological, and hence cultural, revolution in generations

In a world of global competition and new technology, I think competition is coming from new places.

We humans have a love-hate relationship with our technology. We love each new advance and we hate how fast our world is changing... The robots really embody that love-hate relationship we have with technology.

The AV ecosystem is constantly evolving, and no single winner will be crowned.

Technology is now part of the social fabric; it is what is causing dislocation. It is the cause of fear amongst all of us.

But today, just a few years into the twenty-first century, we already find ourselves in a different and precarious position. As revolutions in communications and technology have broken down barriers across the world, it has given more power to both our competitors and our enemies.

Technology is spurring innovation, and the so-called "demographic dividend" has brought change.

Leaders in China and India realize that science and technology lead to success and wealth. But many countries in the West graduate students into the unemployment line by teaching skills that were necessary to live in 1950.

Companies in every industry need to assume that a software revolution is coming.

The notion of the Internet as a force of political and social revolution is not a new one. As far back as the early 1990s, in the early days of the World Wide Web, there were technologists and writers arguing forcefully that the Internet was destined to become the most important tool for cultural change in human history.

Regulation needs to catch up with innovation.

As in any technological revolution, there will be winners and losers. On balance, everyone will come out ahead, although there will be particular companies that will not be able to cope with a new environment.

Every time a new technology comes along, we feel we're about to break through to a place where we will not be able to recover. The advent of broadcast radio confused people. It delighted people, of course, but it also changed the world.

As policymakers, we need to foster an environment that allows U.S.-based innovators and entrepreneurs to compete and to flourish. Excessive regulations and bureaucratic red tape dramatically increase the cost of doing business and create uncertainty for companies.

We're still in the first minutes of the first day of the Internet revolution.

The entire world is now a rival to Silicon Valley. No country, state, region, nor city has a lock on innovation in technology anymore.

Our future progress and prosperity depend upon our ability to equal, if not surpass, other nations in the enlargement and advance of science, industry and commerce.

Abroad, technological change will create even more disruption as the wave of acceleration engulfs societies that have not yet come to terms with the social demands of industrialization, let alone more recent technological change. Mass disorientation can become the source of both national aggression and non-state terrorism—aggression and terrorism made all the more devastating by access to weapons that are not only increasingly powerful but also deployable by ever smaller groups.

India will not be at the center - it will be the center of this fourth technology shift.

People tend to overestimate the short-term impact of technological change. In the short-term, it's not going to make that much of a difference.

With any advent in technology, any technological innovation, there is the good and the bad.

The next great technology revolution might be around the corner, but it won't automatically improve most people's lives. That will depend on politics, which is indeed ugly but also inescapable.

The Internet isn't just itself a revolution - it sometimes starts them, too.

Technology business increasingly becomes difficult to predict because technology itself is accelerating in change, and human nature and markets are more stagnant and static. But the dynamic engine of technological innovation continues unabated.