This book discusses the shifting paradigms in global business environment from the Fourth Industrial Revolution (Industry 4.0) to the Fifth Industrial Revolution (Industry 5.0). It captures the current shifts in the global environment for business caused mainly by the disruptive nature of rapid technological advancements and the consequences of globalisation, which impact political, social and economic changes.
Divided into six sections'Political, Economic, Socio-Cultural, Technological, Ethical & Environmental, this book attempts to build perspectives on current trends sweeping globally across political, technological, socio-cultural and economic landscapes. Furnished with up-to-date examples and case studies, it presents an exhaustive yet lucid view of current socio-economic realities, the latest technological advancements, political undercurrents, and the issues and challenges confronting organisations and institutions both globally and locally. It is a compelling narrative based on ongoing years of deep research, cases, theoretical frameworks and insights that can help navigate what seems like an unimaginable future.
This book will be useful to students, researchers and teachers of management, economics, liberal arts and related social sciences disciplines. It will also be a useful reference for those studying Public Policy and Law.
PART I: Technology and AI'Breaching Boundaries
1 Conceptual Framework of Artificial Intelligence
2 The ChatGPT Phenomenon and the Future of Large Language Models
3 The Mindful AI Revolution: Neuroscience Insights for a Human-Centred Future
4 Transhumanism: Transitioning to Humanity 2.0'Humans-Tranhumans-Posthumans
5 Versions of Reality'Augmented, Virtual and Mixed
6 Building Blocks of a Quantum-Ready Future'Blockchain, 5G and Quantum Computing
7 Additive Manufacturing: Reshaping the Production Landscape
PART II: Geopolitics'The Earth and Beyond
8 The Worlds Growing Appetite for 'Chips'
9 The Global Battle for Rare Earths
10 Space-he Final Frontier
11 The Conflict Shaping the Biggest Realignment of Global Powers Since WW II
12 Chinas Slowing Momentum after Decades of a Spectacular Rise?
13 Regional Blocs, Economic Forums and Security Alliances: The Shifting Landscape of Cooperation
PART III: International Politics'Fractured Mandates and Deepening Divides
14 Progress or Polarisation? Identity Politics and the Future of Democracy
15 Populism: Reshaping the Ends of the Political Spectrum
16 The Final Assault on Democracy? Disinformation and the Future of Open Societies
17 Migration: Worsening Humanitarian Crisis and Deepening Political Divisions
PART IV: Repurposing Economic Thought
18 The Circular Economy in Motion: The Green Approach Driving Resilient and Sustainable Businesses
19 Behavioural Economics: Nudging Us to Rethink Basic Assumptions
20 Emergence of Economic Nationalism in a Globalised World: Balance or Tipping Point?
21 The Rise of the Sharing Economy
22 The Crisis of Late Capitalism: Inequality, Instability and Cultural Shifts
PART V: The Kaleidoscope: Society and Culture in the Age of Machines
23 The Changing Workplace: Identity, Automation and the Search for Meaning
24 The Gender Debate: Full Spectrum of the Human Experience in the Age of AI
25 'Mind the Gap': Building Intergenerational Equity
26 When the World Burns: Billionaires, Bunkers and the Business of Fear
27 Lost Worlds and Woven Fates: Nostalgia, Storytelling and the Human Need to Belong
28 Postmodernism and Existentialism in a Networked and AI-Driven World
PART VI: The End or New Beginnings
29 Climate Change'An Endangered Agenda
30 More Than Numbers: Inequality, Well-being and Our Future
31 GDPR: A Global Influence on Data Privacy
32 Existential Threat'AI and the End Game
33 Theres Hope for a Better World