As world leaders gather for the 49th World Economic Forum’s Annual Meeting from January 22-25 in Davos-Klosters, Switzerland this year to support a more sustainable Fourth Industrial Revolution, Dion Weisler, CEO at HP stated that “given the ability of the 3D printing technology to reshape the manufacturing sector, it is at the forefront in disrupting the future of manufacturing sector” along with other emerging technologies such as Artificial Intelligence (AI), and robotics.
“If we make the right decisions, 3D printing can also drive sustainable impact for our planet, people and communities”, added Weisler in an article published as a part of the meeting.
Speaking about how digital manufacturing enabled through emerging technologies such as AI, robotics and 3D printing could benefit the environment, digital manufacturing, Weisler added, has the potential to create a brighter future for our planet by reducing the environmental impacts of production, shortening and simplifying traditional supply chains, unlocking new sustainable industries and accelerating a more circular and low-carbon economy.
To ensure a successful and sustainable production ecosystem in a fully digitized world, HP is going to share its blueprint this year at the Annual Meeting in Davos, The blueprint will help address the challenges faced during previous industrial revolutions and is based on three pillars: education, incentives, and collaboration.
For instance, according to Weisler, providing R&D funding to educational institutions is the key towards ensuring that the next wave of entrepreneurs and future generations are equipped with the new skills needed to function in the future economy, accelerate innovation and to bring about radical transformation of age-old industries and digitisation of analog processes.
By incentivising investment in and development of socially and environmentally beneficial digital manufacturing, Weisler stated that governments can enable a sustainable ecosystem. In fact, a growing list of countries are already providing incentives to advance the Fourth Industrial Revolution. When it comes to providing incentives, “China, for example, has plans to invest $245 million over the next seven years and continue driving adoption of digital manufacturing technologies” Weisler stated.
When it comes to collaboration, “it is necessary that businesses, government and educational institutions collaborate to embrace new technology and overcome the challenges ahead”, adds Weisler.
The 49th World Economic Forum’s Annual Meeting is slated to take place from January 22-25 in Davos-Klosters, Switzerland and is the only yearly gathering that brings together leaders of global society. The heads and members of more than 100 governments, top executives of the 1,000 foremost global companies, leaders of international organizations and relevant non-governmental organizations, the most prominent cultural, societal and thought leaders, and the disruptive voices of the Forum’s Young Global Leaders, Global Shapers and Technology Pioneers come together at the beginning of each year to define priorities and shape global, industry and regional agendas.
HP, according to Weisler sees 49th World Economic Forum’s Annual Meeting this year, as an opportunity to support a more sustainable Fourth Industrial Revolution by committing not only to intentions but also to actions. “In doing so, we can drive smart economic growth that protects the planet, provides greater opportunities for all, and helps make life better for everyone, everywhere”, concludes Weisler.