Covid-19 Pandemic, 4th Industrial Revolution and Human Capital Development

Abstract

The covid-19 pandemic hit global sustainability very hard. It slows down worldwide growth and affects health, environment, education, business, and manufacturing worldwide. Global inequality is increasing. The world was under lockdown fully or partially for several months to fight against the coronavirus from the beginning of the declaration of the covid-19 pandemic. During the lockdown, the world mainly depended on different technologies for global mobility and control pandemics, mostly digital technologies. This technological advancement will play a revolutionary role in all the affected areas’ sectors during and after the covid-19 pandemic. Where the 4th industrial revolution will run faster to minimise the global losses. The countries are not yet comprised of the 4th industrial revolutionary system, and technologies will require faster adoption of the industry 4.0 standard and technologies to add value to the global value chain. Skill development for the unskilled or low-skilled workforces and the development of the innovative ideas for the new products and services for business and manufacturing will be the key policy issue of the world to adjust with the industry 4.0 standard specification, work and environment to achieve the goals of SDG 2030.