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Accordingly, just as we have seen with previous business revolutions, there will be many intended and unintended consequences that come with each step forward on this journey. The challenge, of course, for those of us living, working and forging a path through this period of radical change is how to stay on the right side of history when the rules of engagement are changing so rapidly. A great example of this very real-world challenge is playing out on the global stage in the area of digital taxation. In introducing the new law, France has joined a group of 20 countries throughout Europe, including Austria, Belgium, the Czech Republic, Italy, Spain and the UK, that have either announced or published proposals to introduce digital services taxes.

Now, the Organization for Economic Cooperation and Development OECD has gotten in on the act, with a new proposal to create an international framework to guide how and where these digital taxes should be implemented. Policies, norms and regulations have not been able to keep up with the pace of innovation, creating a growing need to fill this gap. The Forum established the Centre for the Fourth Industrial Revolution Network in to ensure that new and emerging technologies will help—not harm—humanity in the future.

Headquartered in San Francisco, the network launched centres in China, India and Japan in and is rapidly establishing locally-run Affiliate Centres in many countries around the world. The global network is working closely with partners from government, business, academia and civil society to co-design and pilot agile frameworks for governing new and emerging technologies, including artificial intelligence AI , autonomous vehicles , blockchain , data policy , digital trade , drones , internet of things IoT , precision medicine and environmental innovations.


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Learn more about the groundbreaking work that the Centre for the Fourth Industrial Revolution Network is doing to prepare us for the future. Want to help us shape the Fourth Industrial Revolution?


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    8. Contact us to find out how you can become a member or partner. From a purely economic standpoint, there is some logic to these tax proposals.

    REVOLUTION | meaning in the Cambridge English Dictionary

    As ever-larger portions of our collective consumption are transmitted digitally, the idea of taxing these transactions based on the location in which they are consumed rather than the location where they originate is fairly logical. In practice, however, the idea of dozens of different nations enacting their own tax laws to capture revenue from multinational tech companies with locations all over the world is a recipe for massive conflict.

    The global trade standoff was eventually averted, but the uncertainty still lingers for multinational technology companies who have been left juggling a global patchwork of new digital tax laws, potential government standoffs over said tax laws and the constant need to project future growth accurately while all of the inputs keep changing. Add the barrage of new regulatory requirements coming from all corners, the constant development of new technologies and the mounting need for new skillsets to manage it all and the scale of the challenge starts to become clearer.

    Our core client base of tax and accounting and legal professionals have seen their industries fundamentally disrupted by new technology and rapid-fire regulatory change.

    For some, the process has been painful. For others, it has created huge opportunities. The difference between the two: agility. In the field of law, for example, where the billable hour has been under pressure for decades and a steadily-growing crop of alternative legal service providers has entered the marketplace and made a considerable dent in the revenue streams of the establishment, the leading firms have been largely unaffected by the changes because they have evolved their businesses. That process includes everything from adopting the latest AI tools to make the legal research and discovery process more efficient, to offering specialized services to help clients manage the crush of new regulatory requirements they all face.

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    Across countless examples, the one universal truth we continually see proven as we march through the early days of the Fourth Industrial Revolution is that start-ups and incumbents who have the agility to seize new technologies and scale rapidly to adopt new ways of doing things are the ones who thrive - no matter what comes around the next corner.

    Ultimately, the secret to thriving in an environment in which everyone appears to be moving fast and breaking things is not to break at all, but to stay flexible enough to bend when the rules of the game keep changing. World Economic Forum articles may be republished in accordance with our Terms of Use. The views expressed in this article are those of the author alone and not the World Economic Forum. I accept. Global Agenda Davos Better Business Fourth Industrial Revolution Bend, don't break: how to thrive in the Fourth Industrial Revolution Agility and flexibility are the key traits of successful businesses in today's fast-changing environment.

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    These are not simple questions, and, for 12 years, MIT students and faculty have set out to answer them in a survey course that spans centuries and continents. Course 21H. During a mixture of lectures and breakout discussion sessions, students explore the causes, tactics, goals, and significant factors of each revolution, drawing insights from music, film, art, constitutions, declarations, and the writings of revolutionaries themselves. For another first-year student, Somaia Saba, the offering leapt out at her as she browsed the course catalog to plan her first semester at MIT.

    A workspace revolution is coming

    With an intended major in computation and cognition Course 6. The freedom and exploration in essay-writing was a transformative experience for Saba; essay prompts and writing assignments had never been her favorite aspect of the classroom. How to Stage a Revolution is also a chameleon course in that its subject matter fluxes from year to year depending on the expertise of the faculty instructors — a plan that allows a venerable course to cover any number of revolutionary histories.

    Not only is the course constantly transforming, Alimagham notes, but its three co-instructors are always adapting as well. It keeps you on your toes.


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    Padilla is a historian of Latin America and a contributor to numerous publications and volumes surrounding the Mexican Revolution. Carving linoleum printing plates and inking them by hand, students use their academic understanding of various revolutions to design and produce colorful pro- and counter-revolutionary posters. In one print, the evocative image of a Mexican worker raises the Olympic rings between his hands like chains.

    Historic revolutionary narratives have a particular urgency in an MIT classroom: From the dissemination of revolutionary messages via an 18th century printing press to changing fuel technologies to the global social media that shaped the Arab Spring, the technological contexts of revolutions are intrinsic to understanding them. MIT News Office. Browse or.