Exclusive interview with Klaus Schwab

World Insight sat down with Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, to speak about present-day global economy. Schwab explained how humans need to get ready for what he coined as the Fourth Industrial Revolution. He asserted that this new revolution will feature new technologies that require new skills to improve the efficiency of businesses and organizations. He also discussed the need for globalization that depends on Asia and a stronger Europe that is less dependent on the United States to lead economic growth. Subscribe to us on YouTube: https://goo.gl/lP12gA Watch CGTN Live: https://www.youtube.com/watch?v=L2-Aq7f_BwE Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/ChinaGlobalTVNetwork/ Instagram: https://www.instagram.com/cgtn/?hl=zh-cn Twitter: https://twitter.com/CGTNOfficial Pinterest: https://www.pinterest.com/CGTNOfficial/ Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing