The outbreak of the dreadful Coronavirus is expected to speed up the Fourth Industrial Revolution, which will be fuelled by new technologies, such as Artificial Intelligence and mobile supercomputing.
This is an expert view and opinion of Mr. Nigel Green, the Chief Executive Officer of deVere Group, one of the world’s largest independent financial advisory organisations.
According to Green, the Coronavirus will enforce social distancing, which will highlight how families, friends and colleagues can interact, remain connected and work, how businesses can still efficiently operate, and how investors can manage assets via advancing digital infrastructures.
“Coronavirus will string forth new industries, cause disruption and, of course, there will be winners and losers. This will mean job losses in some sectors and huge, possibly unprecedented, job and investment opportunities in others.
The disruption, according to him will underscore that we live in a time of great capabilities and great promise.
He urged investors to be revising their portfolios to mitigate risk and take advantage of the opportunities in order to protect their wealth as the world adapts to a new era.