“Fourth Industrial Revolution” Will Be a Dystopic Technocratic Hell

dystopic

If one takes the publications of the World Economic Forum (WEF) as an indication of how the “Fourth Industrial Revolution” will change society, the world is facing a massive onslaught against individual liberty and private property.

A new kind of collectivism is about to emerge. Like the communism of the past, the new project appeals to the public with the assurance of technological advancement and social inclusion. Additionally, ecological sustainability and the promise of longevity or even immortality are used to entice the public. In reality, however, these promises are deeply dystopian.

The Fourth Industrial Revolution

According to Klaus Schwab, the founder and current executive chairman of the WEF, the “Fourth Industrial Revolution” (2016) represents a new stage of the disruptive technological advances that began toward the end of the eighteenth century with the textile industry and the use of steam power. The Second Industrial Revolution took place in the decades before and after 1900. It created a plethora of new consumer goods and production technologies that allowed mass production. The third Industrial Revolution began around 1950 with the breakthroughs in digital technologies. Now, according to Klaus Schwab, the fourth Industrial Revolution means that the world is moving toward “a true global civilization.”

Mises.org

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