Feature of Industrial Revolution 4.0

in #technology7 years ago

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Unlike previous industrial revolutions, the Industrial Revolution 4.0 was at the threshold of the outburst of capabilities it contained within, if comparative with Thomas Friedman's "Flat world", this time it increased both in speed, level and scale. Klaus Schwab, in his famous book "The Fourth Industrial Revolution", outlines the three features of the 4.0 revolution as:
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  • Speed: This revolution evolves with exponential speed rather than linear speed. This is the result of a multi-faceted, deeply connected world in which we live and the fact that new technology is always producing new and advanced technologies.
  • Scope and depth: This revolution is based on the digital revolution and incorporates many technologies that lead to unprecedented changes in the economic, business, social and personal paradigm. It does not just change the purpose of the work and the way it is done, it also changes the person.
  • Systemic impact: It includes the change of the whole system across countries, companies, industries and the whole of society.
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    Electricity and electricity use have been around for nearly 300 years, but now about 10% of the world's population has never been exposed to electricity. It takes only 75 years for the phone (Gramam Bell invented) to reach 50 million users, the same for Radio: 38 years, TV: 13 years, Internet: 4 years, Facebook: 3.5 years ... Inventions and applications have increased in sophistication in the ability to connect users, but have narrowed down the time it takes to move around the world. A company that operated in the traditional way that lasted 60 years, but on the revolutionary 4.0, has a life expectancy of just under 18 years, thousands of Startup companies Each month in the world replaces the old way of operating the state-owned companies, at the same time the hotness of a mobile phone product fell from two years to less than 12 weeks...
    In short, the features of the 4.0 revolution have partly reflected the influence and importance of this revolution on economic, social, cultural and political...
    Image source: https://viettimes.vn/la-sinh-vien-hay-hieu-the-nao-la-cach-mang-cong-nghiep-40-de-khong-bi-tut-hau-124694.html ; http://www.autocarpro.in/news-national/enabling-eco-india-auto-embrace-industry-23879
    References: Klaus Schwab (2016), The Fourth Industrial Revolution.