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View all search resultsJust because Indonesia has tremendous potential for Industry 4.0 it doesn’t mean that the transformation is a given. President Joko “Jokowi” Widodo recently said that we should abandon old methods. In that spirit, the government and the private sector must collaborate in a much bolder manner to catalyze the 4.0 transformation.
At a discussion themed increasing efficiency in managing state finances in the era 4.0 toward a “golden Indonesia” in June, Deputy Finance Minister Mardiasmo raised the very interesting and provocative issue that accounting standards have not considered human capital as an asset of an organization.
Indonesia plans to open up more sectors to foreign investors and reboot its stringent labor laws to become a regional manufacturing powerhouse rivaling Germany and South Korea, according to Industry Minister Airlangga Hartarto.
Facing the phenomenon of the fourth industrial revolution or more popularly known as Industry 4.0, Indonesia has come up with a roadmap to stay competitive globally. The roadmap “Making Indonesia 4.0”, launched last year, proposes 10 national strategies in revitalizing the manufacturing sector and five priority industries which are perceived to have the capacity and significant impact in the adoption of the fourth industrial revolution.
Asking which industries are going to be most impacted by Artificial Intelligence (AI) in the coming years and decades, is much like someone in 1980s asking which industries are going to be most impacted by computer chips and computer software.
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