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S5 Ep38: Director’s Cut: How to make Industry 4.0 work for Europe

S5 Ep38: Director’s Cut: How to make Industry 4.0 work for Europe

FromThe Sound of Economics


S5 Ep38: Director’s Cut: How to make Industry 4.0 work for Europe

FromThe Sound of Economics

ratings:
Length:
25 minutes
Released:
Apr 2, 2019
Format:
Podcast episode

Description

**Bruegel director Guntram Wolff talks to Padmashree Gehl Sampath, a Berkman Klein fellow at Harvard University, on the consequences of ‘new manufacturing’ for European industrial policymaking.**

In this Director’s Cut of ‘The Sound of Economics’, Bruegel’s Guntram Wolff discusses Industry 4.0 with Harvard University Berkman Klein fellow Padmashree Gehl Sampath.

Europe is yet to truly explore what interventions can and should be made with regard to the digitisation of industrial policy. But the ongoing development of technologies obliges the EU to examine how best to create a level playing-field for companies, and how to ensure that newly compiled sets of data can contribute positively to the welfare of its citizens.

The deployment of Europe’s General Data Protection Regulation brought into focus the potential negative consequences of people’s data being amassed. Yet, as the discussants consider here, there are many potential works to which these data can be put that would serve a greater public good. But this will only follow once policymakers formulate fresh approaches tailored to the challenge, and propose how they will follow through on their aforementioned obligations.

If you would like to read more on this topic, we recommend our blog post by Silvia Merler on [machine learning and economics](http://bruegel.org/2018/11/machine-learning-and-economics/).
Released:
Apr 2, 2019
Format:
Podcast episode

Titles in the series (100)

The Sound of Economics brings you insights, debates, and research-based discussions on economic policy in Europe and beyond. The podcast is produced by Bruegel, an independent and non-doctrinal think tank based in Brussels. It seeks to contribute to European and global economic policy-making through open, fact-based, and policy-relevant research, analysis, and debate. "The Sound of Economics" is also a club on clubhouse. Join us there for participating in our live talks.  The Sound of Economics is also part of EuroPod, a network of European podcast shows which brings together journalistic, cultural and institutional views on political and societal trends in Europe and beyond.