Bangladesh Sees Fourth Industrial Revolution Challenges; Quantum Computing is Cited
Excerpts and salient points ~
Bangladesh has achieved an economic miracle over the past three decades, but it cannot afford to rest on its laurels now. To develop a garment industry from scratch and become the world’s second largest exporter of apparel is an achievement we all can celebrate, of course. But some caution is in order as the nature of the challenge for Bangladesh is changing.
Does the RMG [ready-made-garments] industry need to continue expanding? Of course, it does, and the RMG export target of USD 50 billion is one we must continue to aspire to. Economic growth goes hand in hand with job creation, and our achievements so far have helped to lift millions of people out of poverty.
However, moving forward, more and more thought will need to be put into how we grow. The world of manufacturing is changing, and quite rapidly too. Many believe we are entering the Fourth Industrial Revolution. This era is likely to be marked by continued breakthroughs in emerging technologies in fields such as robotics, artificial intelligence, nanotechnology, quantum computing, the Internet of Things, fifth-generation wireless technologies (5G) and 3D printing.
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