Foreign politics may be going through the most difficult times of the last two decades. On the one hand, there are trade wars and Middle-east conflicts going on fuelled by Trump, on the other hand, there are new things coming into our lives that we’ve never experienced before. Among these new things, lies the fact that the notion of “production” is getting significantly smaller within the chain of value. To call this merely “technological advancement” would be nothing but “taking the easy way out”.
The fact that thechnological companies now rank first among the most valuable companies of the world is the unstoppable change affecting our lives. If we reduce the industry 4.0 to a simple definition, “a system solely designed to meet customer satisfaction and integrating artificial intelligence and supply-demand balance”, we will notice that the importance of the factory within the value change will slowly diminish.
In the 1970s, the share of production in the distribution of value-added was not very large however the preeminence of pre-production and post-production services have eventually became undisputable, which means companies must attach more importance to services to the services I mentioned above, including the logistics of the product, right financing so it can be bought by the consumer or the retailer, right advertising policies, digital applications, whether the product has a universal design, or whether its R&D function is designed to “make it better”, if it has a chance in the global competition…
“Who do we support? How do we support? What is our vision?”
Turkey can’t either see the truth or it chooses to ignore it. Sadly, Turkey is dominated by the “Do you want people to lose their jobs?”, leading to ineficient use of resources, inability to go beyond “nice job” in terms of applications-software-cloud technologies. People are holding conferences on entrepreneurship and innovation all the time, but all these effort remaimn fruitless because of doomed-to-collapse conventional companies’ influence over economic decisions. It’s hard to use the advantages of Industry 4.0 in an environment where equal competition does not exist. Maybe, we can ease up the pressure on the public sector if we determine our options based on this fact when financing the institutions.
It is envisaged that in 2027 the number of freelancers will surpass the number employees on payroll in the US. Given the fact that we know many businesses that we are supporting, providing with incentives or limitless funds today will cease to exist in a foreseeable future where robots will dominate the manufacturing industry, the number of workers on payroll will diminish slowly, and many professions will fade into history and be replaced by new ones, what should we do then?
What type of education model should we adopt to prepare today’s generations for the future?
These are all very critical quesitons. I will try to provide you with possible answers to these quesitons in my future reports as they are all absolutely more imprtant than the petty “Will dollar fall or rise? Waht about the interest rates?” questions in our minds.
