We believe that it is time not merely to transform but to re-imagine education. Our education system is a legacy of the First and the Second Industrial Revolutions when the purpose of education was to prepare skilled labor for the factory system. Though automation and technological advancement radically altered the way we work, play or communicate in the Third Industrial Revolution (1960- ), the purpose of education, unfortunately, has remained unchanged in our current system of teaching the young. Evidence of dramatic changes is all around us already — artificial intelligence, quantum computing, self-driven cars, genetic engineering, sharing economy, 3D printing, to name just a few. In the near future, the all-encompassing technology- and innovation-driven Fourth Industrial Revolution (2010-) will transform current social, cultural and economic structures into a new world order.