[11] Challenges include In response to these challenges, the BMAS has developed a "vision for quality jobs in the digital age", based on policies such as moving from unemployment to employment insurance, the promotion of self-determined flexible working time arrangements, improvements in the working conditions of the service sector, new ergonomic approaches to occupational health and safety, high standards in employee data protection, the co-determination and participation of social partners in employment relations, better social protection for self-employed persons, and the beginning of a European dialogue on the future of the welfare state.
This concept was also introduced in 2015 and has subsequently been adopted by trade unions, discussed by the World Bank, and become part of a global technology shift in mindset and approach.
Both Industry 4.0 and Work 4.0 are powered by transformation and digitalization and the evolution of technology and its inherent connectivity and capability have given rise to other applications and approaches.
[14] Authors Simeon Djankov and Federica Saliola documents examples of countries and companies that have created new ways to deliver social insurance.
Referring to this phenomenon as the Fourth Industrial Revolution, it integrates concepts from Synthetic biology, Artificial intelligence, and Additive Manufacturing.