Politics and business are announcing a radical shift that will not only change factory production to an unprecedented extent, digitalization is impacting upon all sectors of the economy. Robots and computer algorithms are shaking the foundations of the modern working world, with machines replacing people in an increasing number of traditional employment contexts. “Industry 4.0” is quite possibly the biggest challenge the world has ever faced,” says Klaus Schwab, founder of the World Economic Forum in Davos, and warns of a revolution from above that could push millions of people onto the economic scrapheap because they are no longer useful.

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