Page 122 - Are You Future Ready?
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To make the public’s day-to-day living more convenient
with digital infrastructure, the Singaporean government
announced its digital plan in mid 2018. Under the new
plan, the payment of fees, signing of documents, and
applying for public housing can all be completed on
the government's online platform. In addition, most
government data will be open to the public on an
application programming interface (APl) format as required
by the application developers to promote the new
economy. This is exactly what the WEF highlighted!
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Countries around the world have also geared up to better
prepare for the future. For example, Germany proposed
"Industry 4.0", which is based on large-scale customisation;
Japan advocated "Society 5.0", after the hunting era (Society
1.0), the agricultural society (2.0), industrial society (3.0)
and information-led society (4.0). The problem with “Society
4.0” is that information is voluminous and scattered making
it difficult to be used for creating value.
The latest “Society 5.0” enables a close connection
between the virtual and reality through the internet of
