The Philippines should not be afraid to embrace both innovation and automation in the face of the Fourth Industrial Revolution (FIRe).
 
This was according to Dr. Yasuyuki Sawada, chief economist at the Asian Development Bank (ADB), and Dr. Stephen Ezell, vice president of the Washington DC-based Information Technology and Innovation Foundation (ITIF), who served as speakers during the Annual Public Policy Conference (APPC) led by the Philippine Institute for Development Studies (PIDS).

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More women than men are at risk of being affected by the rise of the fourth industrial revolution (FIRe) in the Philippines.

This was revealed by Dr. Jose Ramon Albert, senior research fellow at the Philippine Institute for Development Studies (PIDS), during a press conference held Tuesday in connection with the celebration of the Development Policy Research Month (DPRM).

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The Philippine agriculture is already revolutions behind the absorption of technology, turning it into a laggard in a number of ways, especially in terms of productivity.

During a press conference led by the Philippine Institute for Development Studies (PIDS) on Tuesday, Dr. Rafaelita Aldaba, assistant secretary at the Department of Trade and Industry, revealed the sector is still in the mechanization phase, generally considered part of the second industrial revolution.

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How prepared is the Philippines for the Fourth Industrial Revolution (FIRe), also known as Industry 4.0? Based on the World Economic Forum’s (WEF) Readiness for the Future of Production Report 2018, the Philippines has a low level of readiness for future production, characterized by weak performances in terms of technology and innovation, human capital, and institutional framework, among others.

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