4th Industrial Revolution & Human Enhancement

4th Industrial Revolution & Human Enhancement
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  • In his book, The Fourth Industrial Revolution, Professor Klaus Schwab, founder and executive chairman of the World Economic Forum, describes the enormous potential for the technologies of the Fourth Industrial Revolution as well as the possible risks.(More…)

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In his book, The Fourth Industrial Revolution, Professor Klaus Schwab, founder and executive chairman of the World Economic Forum, describes the enormous potential for the technologies of the Fourth Industrial Revolution as well as the possible risks. [1] According to the World Economic Forum, artificial intelligence is ushering in the “Fourth Industrial Revolution” — the first major workplace transformation to focus on streamlining intellectual labor in addition to manual labor. [2] “Mastering the Fourth Industrial Revolution” was the theme of the World Economic Forum Annual Meeting 2016 in Davos-Klosters, Switzerland and we have only more to look forward to. [3]

The Fourth Industrial Revolution describes the exponential changes to the way we live, work and relate to one another due to the adoption of cyber-physical systems, the Internet of Things and the Internet of Systems. [1] While in some ways it’s an extension of the computerization of the 3 rd Industrial Revolution (Digital Revolution), due to the velocity, scope and systems impact of the changes of the fourth revolution, it is being considered a distinct era. [1] The Fourth Industrial Revolution is disrupting almost every industry in every country and creating massive change in a non-linear way at unprecedented speed. [1] While the Fourth Industrial Revolution has the power to change the world positively, we have to be aware that the technologies can have negative results if we don?t think about how they can change us. [4] The means that as we appreciate and engage with the exciting technologies of the Fourth Industrial Revolution, we must work to ensure that the opportunities they bring are well-distributed around the world and across our communities. [4] The technologies of the Fourth Industrial Revolution might even help us better prepare for natural disasters and potentially also undo some of the damage wrought by previous industrial revolutions. [1] Advances in automotive safety through Fourth Industrial Revolution technologies can reduce road fatalities and insurance costs, and carbon emissions. [4] As advances in AI and robotics threaten to put millions of people out of their jobs, there is profound concern about the future of work in the Fourth Industrial Revolution. [5] As the authors of Shaping the Fourth Industrial Revolution point out, at least 600 million people live on smallholder farms without access to any mechanization, living lives largely untouched by the first industrial revolution. [4] The Fourth Industrial Revolution is changing how we live, work, and communicate. [4] Shaping the Fourth Industrial Revolution draws on contributions by more than 200 of the world’s leading technological, economic and sociological experts to present a practical guide for citizens, business leaders, social influencers and policy-makers. [5] Today, the economic benefits of the Fourth Industrial Revolution are becoming more concentrated among a small group. [4] Describe the path forward to ensure that the Fourth Industrial Revolution is a force for good. [4] Describe how the Fourth Industrial Revolution impacts individuals and societies. [4] There might be increased social tensions as a result of the socioeconomic changes brought by the Fourth Industrial Revolution that could create a job market that?s segregated into “low-skill/low-pay” and “high-skill/high-pay” segments. [1] One of the greatest promises of the Fourth Industrial Revolution is to potential is to improve the quality of life for the world’s population and raise income levels. [1] In the coming decades, we must establish guardrails that keep the advances of the Fourth Industrial Revolution on a track to benefit all of humanity. [4] People are asking whether the Fourth Industrial Revolution is the road to a better future for all. [4] The Fourth Industrial Revolution is underway, and autonomous technology’s increasing role is at its vanguard. [2] Workers with less education and fewer skills are at a disadvantage as the Fourth Industrial Revolution progresses. [4] For the Fourth Industrial Revolution to generate trust, everyone contributing to it (including you) must collaborate and feel a connection to common objectives. [4] You, as a person, citizen, employee, investor, and social influencer, are a critical stakeholder in the Fourth Industrial Revolution. [4]

In our final episode of ?Shaping the Fourth Industrial Revolution?, we convene our own experts to discuss what we can all do as individuals to play our part in this great and important dr. [5] Overall the impact on customer expectations, on product enhancement, on collaborative innovation, and on organisational forms are most assured and rapid making businesses more susceptible to industrial disruptions everyday, bringing to our markets only the most specialised suppliers. [3]

While the digital revolution means that more than 3 billion people now have access to the Internet, that still leaves more than 4 billion out of a core aspect of the third industrial revolution. [4] According to the World Economic Forum Global Risks Report 2017, “the Fourth Industrial Revolution has the potential to raise income levels and improve the quality of life for all people. [4] As in past industrial revolutions, it can also be a disruptive force, dislocating people from jobs and surfacing questions about the relationship between humans and machines. [4] It?s quite different than the three Industrial Revolutions that preceded it–steam and water power, electricity and assembly lines, and computerization–because it will even challenge our ideas about what it means to be human. [1] The first two industrial revolutions were machine-driven — steam power mechanized the means of production, and electrical power enabled mass production. [2] We must help those who missed out on the huge increases in quality of life that the first, second, and third industrial revolutions provided. [4] In each of the first three industrial revolutions, workers were made more efficient. [2]

The lessons of previous industrial revolutions include the realization that technology and its wealth generation can serve the interests of small, powerful groups above the rest. [4] Many people around the world haven?t yet benefited from previous industrial revolutions. [4] Specifically this industrial revolution is evolving at an exponential and disruptive pace unlike the previous ones. [3]

“The Fourth Industrial Revolution can compromise humanity’s traditional sources of meaning–work, community, family, and identity–or it can lift humanity into a new collective and moral consciousness based on a sense of shared destiny. [4]

Another term to characterize the 4th industrial revolution is smart manufacturing. [6] Yokogawa?s innovative solutions and expertise in the areas of AI-driven industrial processes and the Industrial Internet of Things (IIoT), allow partners in sectors such as oil and gas, power, and chemicals, to maximise production efficiency and data analysis in smart manufacturing, equipping them to successfully navigate the coming Fourth Industrial Revolution. [7] Schwab ( World Economic Forum, 2017 ) describes the extent and nature of the Fourth Industrial Revolution: “In its scale, scope and complexity, (it) is unlike anything humankind has experienced before ? Consider the unlimited possibilities of having billions of people connected by mobile devices, giving rise to unprecedented processing power, storage capabilities and knowledge access. [8] In his book, The Fourth Industrial Revolution, professor Klaus Schwab, founder and executive chairman of the World Economic Forum, describes how this fourth revolution is fundamentally different from the previous three, which were characterized mainly by advances in technology. [9] In the last years, the notion of the Fourth Industrial Revolution has been proposed by the World Economic Forum to sign the drastic and accelerated development of technologies and their impact on society at large. [10] The event will be hosted at the World Economic Forum?s Centre for the Fourth Industrial Revolution, which was established with the vision to help shape the development and application of emerging technologies for the benefit of humanity. [11]

Therefore, the Fourth Industrial Revolution it is not only about embracing new disruptive digital-based technologies and learning machines, but it is also about shaping organisational environments that let people express their real potentials and be in touch with their positive emotions. [10] Because of the profound impact of the Fourth Industrial Revolution on organisations, people, and work processes, it is critical to reflect on the manner in which Knowledge Management is practised in organisations, in an age where people are seamlessly connected through ubiquitous technologies. [8] The Fourth Industrial Revolution for the Earth event is a two-day programme of thematic sessions that will explore the role of technologies such as blockchain, artificial intelligence, the internet of things, biotechnologies, advanced sensors, and advanced materials, in helping to solve some of the world?s biggest environmental challenges. [11] The fourth industrial revolution is defined by a range of new technologies fusing the physical, digital, and biological worlds, and impacting all disciplines, economies, and industries. [12] These changes result from the Fourth Industrial Revolution and its emphasis on technological innovation and digital productivity. [8] Different interchangeable labels have been coined and used to describe the innovations of today?s new socioeconomic era, such as Digital Age, the Fourth Industrial Revolution, the Internet of Things/Everything, or the Industrial Internet. [10] Independently from the adopted ontology and terminology the Digital Age, or Fourth Industrial Revolution represents a shift of paradigm with a new wave of innovations characterized by the digitization of business, society and our lives. [10] Whatever your current stage of digital transformation, Keste is the experienced partner that can help you set the foundation for your Fourth Industrial Revolution success. [13] The technologies of the Fourth Industrial Revolution offer new tools for enabling better stewardship of the Earth. [11] This article provides an overview of the industrial revolutions that led to the adaptations of military strategy in modern warfare, while highlighting concerns of integrating new capabilities of the fourth industrial revolution found in the commercial sector to avoid an eroding technological military force. [12] As the U.S. military navigates the fourth industrial revolution, the focus of acquisition should enable employing forward postured military forces in a joint operating environment to meet national interest requirements with competitive technological resources. [12] The U.S. military must ensure that, regardless of employment, distributable forces mass fourth industrial revolution technological effects to exploit the adversary?s system and distribute and concentrate effects on the modern-day battlefield. [12]

The U.S. military innovation can advance in five key areas found in the fourth industrial revolution: autonomous learning systems, human-machine collaborative decision-making, assisted human operations, advanced manned-unmanned systems operations, and network-enabled autonomous weapons and high-speed projectiles. [12] The state of U.S. defense innovation, despite its resilience and superiority, suffers from structural erosion in spite of the fourth industrial revolution. [12] In the Fourth Industrial Revolution, organisations will be increasingly challenged to develop a capacity for change and innovation. [10] The Fourth Industrial revolutions calls for organisations to be not only technologically advanced but very importantly able to develop a capacity to respond creatively to discontinuous changes and accordingly to be more and more flexible, agile, intuitive, imaginative and resilient. [10] The Fourth Industrial Revolution is primarily concerned about the integration of Technology, Humanity and Biology. [10] “Mastering the Fourth Industrial Revolution” was the theme of the World Economic Forum Annual Meeting 2016 in Davos-Klosters, Switzerland. [9] We are on the precipice of what the World Economic Forum calls the Fourth Industrial Revolution. [14]

Education and the Fourth Industrial Revolution, a keynote by Graham Brown-Martin This revolution brings with it exciting possibilities, new solutions to global challenges, and employment opportunities for jobs that have yet to be invented. [14] Today, a fourth industrial revolution is transforming economies, jobs and even society itself. [15] This paper argues that, in the context of the so labelled fourth industrial revolution, successful organisations are those that exert innovative capability by becoming techno-human systems developing and melting emotional and rational knowledge. [10] Companies that don?t start building the technical infrastructure and data analysis capabilities that are the lifeblood of the Fourth Industrial Revolution won?t make it through. [13] The Fourth Industrial Revolution ( 4IR ) is the fourth major industrial era since the initial Industrial Revolution of the 18th century. [9] The companies that make it through the Fourth Industrial Revolution are the ones that are currently embracing the challenges and opportunities it brings. [13] The result is the U.S. military and its allies face a new generation of lethal and competent adversaries emerging from what some have termed the fourth industrial revolution. [12] The U.S. military exploitation concept employs forward deployed global forces to exploit adversarial gaps while harnessing the advancement in industrial revolutions. [12]

Founded in 1915, Yokogawa Electric Corporation is a leading global provider of industrial automation and data measurement technology. [7] Yokogawa Electric Corporation, a leader in advanced industrial instruments, automated control technology and data analysis solutions, identified the need to adopt this approach, and through its 2016 acquisition of strategic consulting and leading simulation technology company KBC Advanced Technologies, expanded its capabilities from operational technology and information technology to business management. [7] As we start to overlay our connected world with artificial intelligence, machine learning and robotic automation the usage of cloud-based capabilities will be embedded in most industrial and domestic applications of technology. [15] The potential solution may well be with the convergence of operational and information technology, which has long been considered a huge opportunity for industrial organizations. [7] Their ability to harness cost-efficient industrial bases and supply chains, however, provides them a competitive advantage in the international arms market, creating the potential to offset the U.S. military?s technological advantage through acquisition efficiencies and calculated risk. [12] Despite potential operational hurdles, industrial organizations should still strive to achieve convergence because of the promise that it holds. [7]

As Dr. Caplice expands, “The promise of IoT in the industrial scenario is that it provides the convergence of data we collect from machine sensors that may well provide some insight into the machine’s health or the processes under its control. [7] The first industrial revolution centered on new manufacturing processes in the 18th and 19th centuries in Europe and America, which transitioned from hand production to machines, new chemical manufacturing and iron production processes, the increasing use of steam power, and the development of machine tools. [12] Significant developments of the third industrial revolution were the personal computer, the internet, and information and communications technologies. [12] It is argued that the development of digital and intelligent technologies in conjunction with biology and their combination and application to the physical world defines a new industrial revolution. [10] The Third Industrial Revolution, or the Digital Revolution, refers to the advancement of technology from analog electronic and mechanical devices to the digital technology available today. [9] While we used technology to improve our lives in the Third Industrial Revolution, now technology is starting to work on us, around us, and for us in ways that aren?t always visible. [13]

In the 1970s, the third industrial revolution began when advances in computing-powered automation enabled us to programme machines and network. [15] Digital technologies are not new, but in a break with the third industrial revolution, they are becoming more sophisticated and integrated and are, as a result, transforming societies and the global economy. [9] The third industrial revolution occurred between the 1980s and early 2000s. [12]

As the U.S. transitioned from various industrial revolutions, the acquisition of future weapons, intelligence assets, advanced technologies, and the use of information warfare serve as complementary systems supporting future warfare design. [12] During the first industrial revolution, military firepower became vastly more effective due to the adoption of rifles and breech loading weapons. [12] The First Industrial Revolution took place from the 18th to 19th centuries in Europe and America. [9] “The Fourth Industrial Revolution: what it means, how to respond.” [12] The second industrial revolution occurred between 1870 and 1945, during a period of growth for pre-existing industries, such as steel, oil and electricity, paving the way for the progression of electric power for mass production. [12] The Second Industrial Revolution took place between 1870 and 1914, just before World War I. 7 It was a period of growth for pre-existing industries and expansion of new ones, such as steel, oil and electricity, and used electric power to create mass production. [9]

In fact the very things that set them aside from the machines that are now emerging as part of this next industrial revolution. [14] Where the second industrial revolution differed was in the development of the railroad to transport raw materials. [12]

An education system designed for an industrial economy that is now being automated requires transformation, from a system based on facts and procedures to one that actively applies that knowledge to collaborative problem solving. [14] To denote the implications of these two paths of innovation on the transformation of global industry and daily life, General Electric uses the notion of Industrial Internet, i.e. the combination of the physical world and internet (Evans and Annunziata, 2012 ). [10] Evans and Annunziata (2012), Industrial Internet: Pushing the boundaries of minds and machines, GE Imagination at work, GE Report. [10]

Even more remarkably, the 4th industrial revolution may change the way we are connected to ourselves, it may change our feelings in the way we perceive. us. [16] The question becomes, when technology fuses with people, how does that impact and change our lives? How will the way that we work change? How is the fourth Industrial Revolution going to alter the way that we learn, work, and live? We?ll explore the forces of change and how organizations can prepare employees for the coming revolution. [17] Organizations should consider taking a holistic view of the Fourth Industrial Revolution and the ways in which it changes business. [18] Below, we explore some key insights that can enable business leaders to visualize the ways in which the Fourth Industrial Revolution could affect their worlds. [18] The Fourth Industrial Revolution, commonly known as Industry 4.0, appears to be changing the way businesses function and, by extension, the stakes by which they are forced to compete. [18] It is through the fourth industrial revolution (also known as Industry 4.0), currently being undertaken, that technology, talent, and new innovation ecosystems are emerging – building greater complexity into our final innovation offerings. [19] The third used information technology (IT) and electronics to automate production, and the fourth industrial revolution will actually build on that. [20] Globally, the planet is not only now entering and rapidly advancing through the third industrial revolution, but we are moving beyond this and starting to experience both a confluence and convergence of emerging technologies, as we enter the Fourth Industrial Revolution. [21] Those companies that can break down the walls to become more relevant to their customers lives by enabling and providing end-to-end and last-mile connectivity, combined with the platforms and integrated “glue” required to enable the convergence of the emerging technologies of the fourth industrial revolution, will be best positioned to scale and remain contextually relevant at the center of customers’ attention. [21] The list of technologies is of course longer but we can’t forget that the fourth industrial revolution isn’t just about technologies of course. [22] Don’t think that the UK industry doesn’t have the potential to reap the benefits of the fourth industrial revolution as we wrote and showed in our article on the state of that fourth industrial revolution in the UK, which is filled with data. [22] According to the government commissioned report, released end October 2017, a strong collaboration between government, industry and other stakeholders could create several tens of thousands of jobs in the UK, result in a total value of 455bn and put the UK in a leading position in the fourth industrial revolution, despite the catching up to do. [22] The first industrial revolution started in the UK here is how the country can gain a leading positioning in the fourth industrial revolution according to a government commissioned report, released end October 2017. [22] The UK now has a plan to claim a leading position in the fourth industrial revolution and truly reap the benefits of it. [22] In order to reach those within the set timeframe obviously the mentioned conditions need to be fulfilled and other actions need to be taken to let the fourth industrial revolution benefit the UK as much as possible. [22] Let’s summarize the key recommendations put forward in the lengthy and excellent ‘Made Smarter’ document on the fourth industrial revolution in the UK and how to fully leverage it. [22] The Industrial Digitalization Review was announced end January and the Made Smarter Review can now indeed serve as the basis of a sector deal and become a key pillar of the UK?s emerging Industrial Strategy as the author writes in his foreword, further hoping that the UK can take a much more significant leadership role and a much greater slice of the opportunities arising from the fourth industrial revolution. [22] We’re in the middle of a fourth Industrial Revolution–and this one goes far beyond manufacturing. [18]

This fourth industrial revolution is now building on the third – the digital revolution that has been occurring since the middle of the last century. [21] Looking at some of the mentioned technological aspects of the fourth industrial revolution (and the third one too for that matter) it’s rather obvious that countries such as the U.S. and Germany were instrumental with their expertise in IT and OT, hardware, software and so on. [22] We?re in the midst of a dramatic technological transformation that?s ushering in what some call the fourth industrial revolution. [20] The challenges created by the fourth industrial revolution appear to be mostly on the supply side, in the world of work and production. [21] How East Asia can best prepare for 4IR was the topic of discussion at this year?s annual ASEAN+3 Forum on Skills and Jobs, Enhancing Job Creation and Skills to Prepare for the Fourth Industrial Revolution. [23] According to the World Economic Forum, the fourth industrial revolution will require businesses to focus on re-skilling, up-skilling and collaboration rather than competing on talent alone. [20]

Where is the front-end in all this? Is it simply just in an idea plucked from random connections, or is it found through all the digital connections we are continually making, brought about by the fourth industrial revolution? Are we capitalizing and capturing these as well as we should be? I feel we should explore this further in future posts. [19] The second one, in our view, at least is even more game-changing as it touches the human element of the fourth industrial revolution and the skillset issue, always a big challenge, regardless of where you look. [22] The fourth industrial revolution is essentially reinventing how goods are manufactured and distributed. [20] The fourth industrial revolution is inevitable, so enterprises have to make a significant effort now to ensure that they remain relevant in the long term. [20] What must we do as innovators? By recognizing and delivering on the fourth industrial revolution, we can start to think outside our classic product innovation boxes. [19] This move forward is commonly referred to as the Fourth Industrial Revolution (4IR), and was a hot topic at this year’s Mobile World Congress Americas in San Francisco, as wireless connectivity is at the heart of it all. [24] The Fourth Industrial Revolution is important to understand because it doesn?t just touch “manufacturers”–it can touch all of us. [18] HOW WILL THE FOURTH INDUSTRIAL REVOLUTION IMPACT HR AND LEARNING & DE? Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. [17] When compared with the previous industrial revolutions, the fourth is evolving at an exponential, rather than a linear pace. [21] As you know, the fourth industrial revolution is majorly known as a German initiative, Industrie 4.0 or Industry 4.0 in English. [22] The fourth industrial revolution is one where we are gaining new knowledge and understanding. [19] The fourth industrial revolution might be the biggest one yet and while the fears surrounding it are understandable, they?re not justified. [20] We must reflect on all these direct consequences of the fourth industrial revolution. [19] All these factors combined suggest that the fourth industrial revolution will transform society and the planet by helping to sustain it. [20] To grasp the opportunities of this fourth industrial revolution, collaboration is indeed of the utmost importance and not just on national levels. [22] On October 29, 2017, Maier wrote a blog post in which he explains why he feels Britain must lead the fourth industrial revolution. [22]

Previous industrial revolutions liberated humankind from animal power, made mass production possible and brought digital capabilities to billions of people. [25] Of course, just as in any digital industrial transformation the integration of IT and OT, beyond the technological aspects, ecosystems and data spaces for innovation and transformation are key too. [22] If the recommendations are followed, the digital transformation of the UK industry could improve industrial productivity by over 25 percent by 2025. [22] The report was commissioned in the scope of the Industrial Digitalization Review that needs to serve as a platform and initiative to shape and boost the industrial strategy of the UK, mainly by getting a deal with the industry and moving forward the accelerated adoption of digital technologies and of course also the development of such technologies. [22] Industry 4.0 signifies the promise of a new Industrial Revolution–one that marries advanced production and operations techniques with smart digital technologies to create a digital enterprise that would not only be interconnected and autonomous but could communicate, analyze, and use data to drive further intelligent action back in the physical world. [18] Recommendation 1: create a much more visible and effective digital ecosystem to accelerate the innovation and diffusion of those industrial digital technologies or IDTs. [22] Recommendation 2: Upskill a million (!) industrial workers to enable digital technologies to be successfully exploited. [22] Recommendation 4: Addressing the key barriers which prevent the adoption of industrial digital technologies which of course is a major challenge as such. [22]

The report comes with a package of four broader recommendations which contain’sub-recommendations’ so to speak and serve as a strategy to bring the UK to that digital industrial leadership by 2030. [22] What you should know about “Made Smarter? (even if you are not from the UK but involved in industrial transformation). [22] The foreword of the Made Smarter Review, the industrial digitalizaton review report which you can download in PDF here, is written by Jgen Wolfgang Maier, the CEO of Siemens in the UK and Ireland who has been living in the UK since 1974 and was appointed chair of the initiative as you can read here. [22]

By now most countries and sometimes even regions such as, how times have changed, the Dutch speaking part of Belgium have their industrial transformation strategies. [22] There are three reasons why today’s transformations do not merely represent an extension of the third industrial revolution, but the arrival of a distinct one: velocity, scope (breadth and depth), and systems impact. [21] The third industrial revolution used electronics and IT advancements in computing and networking, with artificial intelligence to automate production. [21] The first industrial revolution used water and steam power to mechanize production. [21] Steam power and mechanized production brought about the first industrial revolution, while the second utilized electric power to achieve mass production. [20] The second industrial revolution used electric power to create mass production. [21]

Recent trends in automation and rapid technology advances, collectively dubbed “The Fourth Industrial Revolution (“4IR”), are radically shifting the economic landscape, and changing the nature of jobs and the profile of skills required in the labor force. [23] Intelligent automation and technology are fuelling this new industrial revolution. [19]

The Internet has provided a shift to decentralized and distributed computing from the centralized computing model that started in the third industrial revolution. [21] Do you remember where the first industrial revolution started and which countries played a key role in it? As just mentioned it indeed started in the UK. What is less known is that several inventions leading to that first industrial revolution were done by Belgian and Dutch citizens living in the UK. [22] It probably won’t come as a surprise that Belgium, mainly the French speaking region was the second country where the first industrial revolution happened, closely followed by Germany, Russia and, later, France. [22]

Recommendation 3: Inspire the UK?s next industrial revolution with stronger leadership and branding of the country?s ambition to be a global pioneer in industrial digital technologies. [22] As we look back at history, previous industrial revolutions were defined by certain characteristics. [21]

On top of that the collaboration of organizations in associations such as the Industrial Internet Consortium, (co-) founded by GE or in supra-national organizations such as the EU which wants to boost manufacturing transformation and Industry 4.0 and where recently EU industry organizations pushed for a more ambitious EU industrial strategy, does matter too. [22] Industry 4.0 extends far beyond the limits of the Industrial Internet of Things, which is typically where many explorations of the phenomenon begin and end. [18] At the same time also the U.S. was quick with its Industrial Internet (interchangeably used with the term Industrial Internet of Things ). [22]

We are also witnessing an era of unprecedented technological change – the so-called 4th Industrial Revolution (4IR) as defined by the World Economic Forum. [26] Industry 4.0 – you?ve heard the term, you?ve heard the buzz surrounding it, but what is it, really? The term itself is shorthand for “Fourth Industrial Revolution,” the latest wave of a series of advances in technological innovation that have transformed manufacturing industries over the last 250 years. [27] Unlike the three before it, the Fourth Industrial Revolution (4IR) is defined by new technologies that combine the physical, digital, and biological worlds. [28] Now, as we enter the fourth industrial revolution, businesses are preparing for tomorrow’s marketplace, where data will power a new phase of digital transformation. [29] Have freight forwarders and transportation companies heard the “wake up call” of the fourth industrial revolution — one that will transform supply chains? The world has changed and the evidence argues it is time to invest in technology and people development. [30] The same applies to the combination of new technologies that represent what we call today, the fourth Industrial Revolution in relation to information and communication technologies, and namely artificial intelligence that has been so many times mentioned tonight. [31] It is clear that this fourth Industrial Revolution will have a dramatic impact in our societies, in our way of life, but also in labour markets. [31] Though it might make for slightly slower progress, taking the time to lead teams through change can be the difference between sinking or swimming, as the fourth industrial revolution gets underway. [29]

“That?s the kind of thing that I think is worthy of the fourth industrial revolution-type discussion. [32] I am a true believer that this fourth Industrial Revolution can be the answer to the main questions that we are putting ourselves today facing the enormous difficulties that we are still facing in the different aspects of social inequality, of the deterioration of the environment and other threats to our collective life. [31] According to several studies, accounting is at the top of the list when it comes to industries threatened by the Fourth Industrial Revolution, specifically automation. [28] Before we assess how to manage the fourth industrial revolution, it’s vital to define why it matters. [29] The fourth industrial revolution is an idea inspired by Klaus Schwab?s book by that title. [32]

Starting around the year 1760, the First Industrial Revolution began human society?s transformation from a muscle-powered, largely agrarian way of life to the highly mechanized world we currently live in. [27] The first three industrial revolutions gave humanity large-scale agriculture, mass production and digitalization. [32]

It is too often assumed that a workforce soon to consist mostly of millennials – who have lived through the third industrial revolution (the dawn of digital) – will be comfortable with a hyper-high-tech future. [29]

The second wave was electrical power, then came computers – and now it?s the industrial realization of a potent combination of data gathering, data interpretation, data manipulation, inter-machine communication, and revolutionary new manufacturing methods. [27] Like earlier industrial revolutions, the 4IR will cost many of us our jobs, and for others, it will mean new opportunities. [28]

RANKED SELECTED SOURCES(32 source documents arranged by frequency of occurrence in the above report)

1. (28) Fourth industrial revolution: the Made Smarter Review industrial strategy

2. (20) Understand the Impact of the Fourth Industrial Revolution on Society

3. (17) The Strategy Bridge

4. (11) Arts catalyst of creative organisations for the fourth industrial revolution | SpringerLink

5. (11) Accelerating success in the 4th industrial revolution – Huawei Publications

6. (8) The 4th Industrial Revolution Is Here – Are You Ready?

7. (8) Robotics and 3D Printing: Ushering in the 4th Industrial Revolution – Device Plus

8. (7) Industry 4.0 overview | Deloitte Insights

9. (7) Fourth Industrial Revolution – Wikipedia

10. (6) The Innovation World is Changing Due to the 4th Industrial Revolution

11. (6) The fourth industrial revolution will be digitalized

12. (4) Are you ready for the Fourth Industrial Revolution? | Keste

13. (4) Education and the Fourth Industrial Revolution – Learning {Re}imagined – Medium

14. (4) The Fourth Industrial Revolution Moves From Automated To Autonomous

15. (4) The Fourth Industrial Revolution: Will You Sink or Swim? – InformationWeek

16. (3) Fourth Industrial Revolution for the Earth: Sprint to 2020 | Global Climate Action Summit 2018

17. (3) https://www.commsmea.com/technology/17963-5g-and-the-fourth-industrial-revolution

18. (3) Industry 4.0 | Advantages Engineering Execs Can?t Ignore

19. (3) Future Tech Review #4: The Fourth Industrial Revolution and the Workplace – Possibility | Teledyne Imaging

20. (3) What technologies could disrupt the 4th industrial revolution? – Quora

21. (3) Fourth Industrial Revolution & Its Dramatic Impact on Society | Inter Press Service

22. (3) UA president: School needs lead role in artificial intelligence, automation | Local news | tucson.com

23. (3) Shaping the Fourth Industrial Revolution | World Economic Forum

24. (3) How Knowledge Management needs to evolve to keep up with the Fourth Industrial Revolution – Preparing you for the future of work.

25. (2) HOW WILL THE FOURTH INDUSTRIAL REVOLUTION IMPACT HR AND LEARNING & DE?

26. (2) Powered by education, East Asia is getting ready for the Fourth Industrial Revolution | Education

27. (1) The 4th Industrial Revolution May Change the Way We Are Connected to Ourselves | COGNITIVE WORLD

28. (1) The Fourth Industrial Revolution

29. (1) The Fourth Industrial Revolution – CloudFX

30. (1) Ways Fourth Industrial Revolution can Help the Planet | WittySparks

31. (1) Big Data and Analytics: The fourth industrial revolution hits the supply chain

32. (1) Technological Trends and Practical Examples of the Fourth Industrial Revolution | ManufacturingTomorrow