The Fourth Industrial Revolution Of Bangladesh

The Fourth Industrial Revolution (4IR) is transforming industries globally through the convergence of emerging technologies like artificial intelligence (AI), robotics, and big data. For Bangladesh, embracing 4IR is crucial to future-proof the nation’s economy, create jobs, and drive innovation. In this dynamic landscape, school, college, and university students, business leaders, and the government all have pivotal roles to play, ensuring Bangladesh is not left behind.

Students Preparing for the Future: School, College, and University

Bangladesh’s youth are the driving force behind the country’s 4IR transition. Starting from a young age, students must focus on acquiring the skills and knowledge that are necessary in this new era.

1. Tech Literacy and Digital Skills: School and college students should build strong foundations in computer science, coding, and digital literacy. This can be supported by introducing subjects like programming, robotics, and AI in the curriculum. Online platforms such as Coursera or Khan Academy offer free courses to help students enhance their tech skills from an early age. 

Organizations like Abacus Soft BD took initiative to make Bangladeshi youth financially independent by adding their freelancing curriculum on courses like Web Design, Video Editing, Digital Marketing, Graphics Design, Motion Graphics etc. 

Abacus is emerging as a hub for skilled freelancers.  

2. Innovation and Problem Solving: University students, in particular, should focus on innovation and entrepreneurship. Many tech startups globally, like Sheba.xyz in Bangladesh, are founded by young entrepreneurs. Universities can establish incubation centers, hackathons, and innovation labs to encourage students to tackle real-world problems using technology.

Lifelong Learning: The 4IR landscape evolves rapidly. Students should embrace continuous learning and adaptability. They can participate in international competitions like First Global Challenge or national coding contests to stay updated with cutting-edge technologies.

Leaders of Tomorrow: College Students

College students in Bangladesh must take proactive steps to capitalize on the opportunities 4IR represents. 

1. STEM Focus: A strong focus on STEM education—science, technology, engineering, and mathematics—is critical. Students should also explore interdisciplinary subjects like biotechnology, data science, and automation.
2. Entrepreneurial Mindset: College students can actively engage in startup culture. They can collaborate with industries, solve local challenges, and provide tech-based solutions. Learning from tech hubs like Grameenphone Accelerator could serve as a springboard for launching tech businesses.

Businessmen and the Digital Age: Embracing Innovation and Technology

To thrive in 4IR, business leaders in Bangladesh must modernize their operations.

1. Adopting Automation and AI: Automation will significantly enhance productivity and lower costs. AI, for example, can help businesses analyze customer data to improve marketing strategies or manage supply chains more efficiently. For instance, the Ready-Made Garments (RMG) sector could benefit from AI-powered production and monitoring systems to enhance quality control.
2. Digitizing Business Processes: Business owners must digitize their systems, leveraging cloud computing and e-commerce platforms to remain competitive. Successful examples include Bangladesh’s growing e-commerce sector, where companies like Daraz have adopted digital transformation.
3. Reskilling Employees: The Fourth Industrial Revolution demands new skills. Business leaders should invest in reskilling their workforce, ensuring employees are trained in using emerging technologies.

The Government: Enabling Growth and Innovation

The government’s role in supporting Bangladesh’s 4IR transition.

1. Infrastructure Development: The government should focus on building advanced infrastructure, including 5G networks and widespread internet connectivity. The Digital Bangladesh Vision 2021 initiative was a key step, but more investment in technology-driven infrastructure is needed to support future innovation.
2. Education Reform: Aligning educational curricula with 4IR demands is critical. Incorporating courses in AI, robotics, and machine learning from the primary level through university will prepare students for the future job market.
3. Supporting Startups and R&D: Offering tax incentives and grants to tech startups will encourage innovation. Government-backed research and development (R&D) initiatives can foster new advancements in fields like biotechnology, AI, and renewable energy, driving Bangladesh toward becoming a tech-driven economy.

Conclusion

The Fourth Industrial Revolution offers a unique opportunity to advance its economy and improve the living standards of Bangladesh. By taking coordinated action, from students enhancing their tech skills to businesses adopting digital transformation, through the government creating a supportive ecosystem, Bangladesh can unlock the full potential of 4IR. Empowering youth with education, fostering innovation, and investing in technology will ensure that Bangladesh thrives in this new industrial age.