1. Maneuvering the minefield of the fourth industrial revolution
Cindy Simons

2. Content Introduction Focus Areas Impact areas Opportunities
Way forward
For regulators and operators

3. Introduction
Private sectors, governments, academics and entrepreneurs are all seeking the roadmap for navigating the profound changes in the world of work. Such a road map must be created collaboratively by all stakeholders.
Humanity continues to embark on a period of unparalleled technological advancement. The next 5, 10 and 20 years will present both significant challenges and opportunities. Private sectors, governments, academics and entrepreneurs are all seeking the roadmap for navigating these profound changes in the world of work. Such a road map must be created collaboratively by all stakeholders.

4. Focus areas
Blurred lines between physical, digital and biological spheres across all sectors.
Technologies presented such as
artificial intelligence (AI),
nanotechnology,
quantum computing,
synthetic biology and
robotics
Today, a fourth industrial revolution unfolds. The Fourth Industrial Revolution is bringing technologies that blur the lines between the physical, digital and biological spheres across all sectors. Technologies like artificial intelligence (AI), nanotechnology, quantum computing, synthetic biology and robotics will all drastically supersede any digital progress made in the past 60 years and create realities that we previously thought to be unthinkable. Such profound realities will disrupt and change the business model of each and every industry.

5. Impact areas Key impact areas to be considered: Technology Economic
Social
Education

6. Technology discussion
Technological challenges to operators:
Advancements in AI, robotics, 3D printing and the internet of things
Increased global competitiveness
It is estimated that up to 800 million individuals may be displaced by automation by 2030 in the world
will put a great deal of pressure on companies to automate in order to remain competitive in a global landscape.
will accelerate cost pressure, which will lead to substantial downsizing.
The 800 Million sounds disconcerting but this must be looked at as an opportunity as well.

7. Technology discussion
Challenges to regulators:
Jurisdictive challenges
Player authentication
Predictive event outcomes by AI, how do you ensure fair play?
More gaming choice = increased gaming regulation volumes

8. Economic discussion
The world is attaining only 52% of its entrepreneurial capacity
Large, established enterprises have a significant advantage in future work
Small and midsize businesses are the fuel of most economies of the world today.

9. Economic discussion Economic challenges include:
Loss of revenue to regulators due to blurred jurisdictive lines
Challenges in tracing gambling transactions resulting in loss of revenue, reduced regulatory compliance and reduced ability to protect the public
Predictability of player spend bring to rise ethical and privacy considerations?
Regulators may need to consider point of consumption as an alternate tax regime?

10. Social discussion Technology will continue to change societal values
More than 36% of the U.S. workforce are freelancers 
Co-working spaces are exploding in popularity
Technology has enabled people to work and play anytime, anywhere
Resulting in a need to adapt the way we lead

11. Social discussion Increased platform to monitor responsible gambling
Challenge to Regulators:
Protection of the public by regulators
Only 14% of millennials agree that the benefits of technology outweigh risks associated with sharing of personal data
79% of millennials and generation Z’s concerned with online fraud.
One advantage is the increased platform to monitor responsible gambling

12. Educational challenges
Stale curriculums and keener to take shorter, skills- based training that is more relevant to today’s workplace
Skills required to achieve business objectives
Workers, naturally, need to acquire skills “on demand” to adapt to their changing roles and responsibilities.

13. Preparing for the future…
The 4IR
Preparing for the future…

14. Opportunities
The Fourth Industrial Revolution will provide us with an opportunity to:
learn and teach new skills
build new jobs requiring unique skills combinations that don’t exist today
explore talent that we didn’t know about
explore effective Leadership
…. But how do we get there?

15. Way forward
Collaboration among the private sector, academia and regulators. A consideration is dedicated task teams
Develop on-demand, relevant, adaptable curriculums  
Develop sound policies, programming and budgets

16. Way forward
Regulators should be looking at regulating in such a manner to aid business growth
Establishing sound regulatory boundaries
Upskilling and lifelong learning. Personal Development Plans need to be developed accordingly.

17. Way forward Leaders need to navigate the Fourth Industrial revolution.
Societal impact externally and internally.
Silo’ed decision making processes.
Gap between the executives and its millennial workforce.

18. Innovation distinguishes between a leader and a follower
Conclusion
Innovation distinguishes between a leader and a follower
Steve Jobs