Law must be adapted for the Fourth Industrial Revolution

  • “The legal challenges imposed by the Fourth Industrial Revolution are both new and greater.
  • Data has now become a valuable business asset which fosters innovation
  • In certain respects, data can be compared to the new oil, with the “datafication” of every aspect of human social, political, and economic activity.
  • Already, a court in Cleveland in the United States is using an artificial intelligence tool for sentencing.
  • There is also the need to develop leaders with the skillset to manage organizations in the context of these changes.
  • It is also important that governments and the legal system are not left behind in regulating the new fields, as this would lead to a shift of power towards technology and its owners”

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