Klaus Schwab Quotes

We are in an electronic technology age now and it's about time we put away the old stuff.

No one has ever been able to stop the process and evolution of technology, not even I.B.M. That is going to continue. Those who grab it and move ahead with it will determine the future in this industry.

Disruption is a critical element of the evolution of technology - from the positive and negative aspects of disruption a typical pattern emerges, as new technologies come to market and subsequently take hold.

Technology is characterized by constant change, rapid innovation, creative destruction, and revolutionary products.

I don't think love for technology itself breeds change.

As the TiVos and the Replays are coming into our world - and they're coming - it's better to - be inside the tent and figure out what they're doing and to work hand in hand with them as opposed to saying, 'You know what, the automobile is not going to work. I'm going to stick to my horse and carriage,' you know.

The Internet creates as well as destroys. Social networks, search advertising, and cloud computing are multibillion dollar industries that didn't exist 10 years ago. They are products of the same force that has rendered the Postal Service's core business obsolete.

Not since the digital revolution in the early '90s has technology placed such a comprehensive burden on business, employees and individuals to reinvent their business plans, services and products, and themselves to keep pace with the changing marketplace.

If you want to bring down the prices of healthcare and education, the answer will be more innovation, more technology, which will then have the effect of freaking everybody out and saying, 'Oh, my God, you're going to kill all the jobs.'

History is replete with examples of tech firms that were marginalized by new companies and technologies.

Not since the steam engine has any invention disrupted business models like the Internet. Whole industries including music distribution, yellow-pages directories, landline telephones, and fax machines have been radically reordered by the digital revolution.

Innovation and disruption are the hallmarks of the technology world, and hardly a moment passes when we are not thinking, doing, or talking about these topics.

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.

Uber is redefining the transportation industry now; Airbnb is doing it to the hotel industry. You can expect that to happen in every single industry.

This is the age of disruption.

We can trust technology to effect change - that's a given.

Technology, through automation and artificial intelligence, is definitely one of the most disruptive sources.

Warp speed developments in technology - automation, artificial intelligence, and the arrival of the sharing economy - are transforming how we work. Beyond technology, traditional working patterns are also being disrupted by changes in society, organizations and workforce management, leading to the rise of a more independent and dispersed workforce.

The mechanical loom and the calculator have shown us that technology is both disruptive and filled with opportunities. But it would be hard to find a decent argument that we would have been better off without these inventions.

Technological change is discontinuous. The monks in their scriptoria did not invent the printing press, horse breeders did not invent the motorcar, and the music industry did not invent the iPod or launch iTunes.

Technology by default became the thing that was a new thing that had swept in and was altering it everything.

Technological change is both familiar and easy to observe.

This would only come if you have a revolutionary change in technology like the jet brought about.

Some of the most innocuous inventions have proven earth-shattering, with reverberations felt around the planet. The Internet is the poster child for disruptive technology, but even such inventions as Amazon's Kindle and Apple's iPod have rocked their respective industries by changing how we entertain ourselves.

You know that clicker? It's going to change the world more than any other thing.