IMPLICATIONS FOR ROMANIA OF THE TRANSITION TO THE TECHNOLOGIES OF THE FOURTH INDUSTRIAL REVOLUTION

Florin Bonciu

Revista de Economie Mondiala / The Journal of Global Economics, 2019, vol. 11, issue 2, 53-63

Abstract: The ever larger implementation of technologies specific to the Fourth Industrial Ievolution – among which we mention artificial intelligence, robots, quantum computers, new sources of energy, composite and 2D materials, etc.) – will substantially influence the majority of elements that determine the global balance of power and implicitly the world order. In this context and given that Romania has very few options in the area of tangible elements of power, our recommendation is to focus on the intangible elements, namely the existence of a strategic purpose and the determination to follow a national strategy.

Keywords: the Fourth Industrial Revolution; artificial intelligence; robots; world order; balance of power (search for similar items in EconPapers)
JEL-codes: F02 F62 O31 O33 (search for similar items in EconPapers)
Date: 2019
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