The Fourth Industrial Revolution

There have been three basic industrial revolutions. The first was the steam engine, the second was the assembly line driving mass production, and the third was the speed of computers. Today there is a fourth revolution taking place called Industry 4.0. Industry 4.0 uses IoT (internet of things) and IoS (Internet of Systems) to improve manufacturing using machine learning and artificial intelligence.  With this revolution comes not only new technology, but also a need to learn how to take advantage of it efficiently and responsibly. Perhaps Klaus Schwab said it best, “We must develop a comprehensive and globally shared view of how technology is affecting our lives and reshaping our economic, social, cultural, and human environments. There has never been a time of greater promise, or greater peril.”