Which industrial

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This page provides information for WA small business employers on: the two systems of employment law that operate in Western Australia and how to determine which one covers your business; and where to find information on pay rates and employment obligations for your employees so that you comply with your legal obligations. If your business is in the state system: View the private sector employers and employees pages of this Wageline website for information on your obligations relating to pay rates, working hours and leave.

Visit Wageline's long service leave page for information on your obligations to provide long service leave to employees. Call Wageline on New technologies make assets more durable and resilient, while data and analytics are transforming how they are maintained. A world of customer experiences, data-based services, and asset performance through analytics, meanwhile, requires new forms of collaboration, particularly given the speed at which innovation and disruption are taking place.

And the emergence of global platforms and other new business models, finally, means that talent, culture, and organizational forms will have to be rethought. Overall, the inexorable shift from simple digitization the Third Industrial Revolution to innovation based on combinations of technologies the Fourth Industrial Revolution is forcing companies to reexamine the way they do business.

The bottom line, however, is the same: business leaders and senior executives need to understand their changing environment, challenge the assumptions of their operating teams, and relentlessly and continuously innovate. As the physical, digital, and biological worlds continue to converge, new technologies and platforms will increasingly enable citizens to engage with governments, voice their opinions, coordinate their efforts, and even circumvent the supervision of public authorities.

Simultaneously, governments will gain new technological powers to increase their control over populations, based on pervasive surveillance systems and the ability to control digital infrastructure. On the whole, however, governments will increasingly face pressure to change their current approach to public engagement and policymaking, as their central role of conducting policy diminishes owing to new sources of competition and the redistribution and decentralization of power that new technologies make possible.

Ultimately, the ability of government systems and public authorities to adapt will determine their survival. If they prove capable of embracing a world of disruptive change, subjecting their structures to the levels of transparency and efficiency that will enable them to maintain their competitive edge, they will endure.

If they cannot evolve, they will face increasing trouble. This will be particularly true in the realm of regulation. Current systems of public policy and decision-making evolved alongside the Second Industrial Revolution, when decision-makers had time to study a specific issue and develop the necessary response or appropriate regulatory framework. But such an approach is no longer feasible. How, then, can they preserve the interest of the consumers and the public at large while continuing to support innovation and technological development?

This means regulators must continuously adapt to a new, fast-changing environment, reinventing themselves so they can truly understand what it is they are regulating. To do so, governments and regulatory agencies will need to collaborate closely with business and civil society. The Fourth Industrial Revolution will also profoundly impact the nature of national and international security, affecting both the probability and the nature of conflict.

The history of warfare and international security is the history of technological innovation, and today is no exception. The distinction between war and peace, combatant and noncombatant, and even violence and nonviolence think cyberwarfare is becoming uncomfortably blurry.

As this process takes place and new technologies such as autonomous or biological weapons become easier to use, individuals and small groups will increasingly join states in being capable of causing mass harm.

This new vulnerability will lead to new fears. But at the same time, advances in technology will create the potential to reduce the scale or impact of violence, through the development of new modes of protection, for example, or greater precision in targeting. The Fourth Industrial Revolution, finally, will change not only what we do but also who we are.

It will affect our identity and all the issues associated with it: our sense of privacy, our notions of ownership, our consumption patterns, the time we devote to work and leisure, and how we develop our careers, cultivate our skills, meet people, and nurture relationships.

The list is endless because it is bound only by our imagination. I am a great enthusiast and early adopter of technology, but sometimes I wonder whether the inexorable integration of technology in our lives could diminish some of our quintessential human capacities, such as compassion and cooperation. Our relationship with our smartphones is a case in point. One of the greatest individual challenges posed by new information technologies is privacy.

We instinctively understand why it is so essential, yet the tracking and sharing of information about us is a crucial part of the new connectivity. Debates about fundamental issues such as the impact on our inner lives of the loss of control over our data will only intensify in the years ahead. Similarly, the revolutions occurring in biotechnology and AI, which are redefining what it means to be human by pushing back the current thresholds of life span, health, cognition, and capabilities, will compel us to redefine our moral and ethical boundaries.

Neither technology nor the disruption that comes with it is an exogenous force over which humans have no control. All of us are responsible for guiding its evolution, in the decisions we make on a daily basis as citizens, consumers, and investors.

We should thus grasp the opportunity and power we have to shape the Fourth Industrial Revolution and direct it toward a future that reflects our common objectives and values. To do this, however, we must develop a comprehensive and globally shared view of how technology is affecting our lives and reshaping our economic, social, cultural, and human environments.

There has never been a time of greater promise, or one of greater potential peril. In the end, it all comes down to people and values. We need to shape a future that works for all of us by putting people first and empowering them. But as a complement to the best parts of human nature—creativity, empathy, stewardship—it can also lift humanity into a new collective and moral consciousness based on a shared sense of destiny. It is incumbent on us all to make sure the latter prevails.

This article was first published in Foreign Affairs. The views expressed in this article are those of the author alone and not the World Economic Forum. The global trading system needs an overhaul. Greater agility and resilience is required to tackle challenges like the climate crisis. MIT researchers are training the next generation of social robots.

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