Thinking 4.0

 


Introduction

Introduction

The 4th industrial revolution, combining notions from fields such as cybernetics, the maker world and artificial intelligence, is rapidly starting to take shape. The key underlying human thought process is often represented by the term ‘computational thinking’ but this thought process is much more than thinking like a programmer or computer-like. It is a broadly interdisciplinary process encompassing the arts as well as the sciences, and crucial in an interconnected and data driven world. Indeed, thinking computationally is often more like art than like math, and more often than not instrumental – in any field! – for employment in companies such as Google, Apple or Facebook. It is no surprise then that understanding computational thinking and being able to think computationally is considered essential by many for success in the dawning 4th industrial revolution. This module explores the thought processes behind computational thinking and considers applications in finance.