Dubai – Mubasher: The world governments should restructure their hierarchy to cope with the requirement of the future fourth industrial revolution, said Klaus Schwab, the founder and chairman of the World Economic Forum.

Unlike the first three one-machine revolution, the fourth one is fused into all spheres of life whether it is the physical, digital, or biological worlds at pace wilder than Tsunami’s waves, he added.

Schwab also emphasized that governments should be aware of three requirements: their specific role play, the up-to-date restructuring, and more importantly the development of human capital

The forum’s summit initiated today is considering the future of eight major sectors: education, health care,  government action, science, innovation & technology, labor market, human capital management, sustainable development, and future cities.