The Pros And Cons Of The Fourth Industrial Revolution

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The Fourth Industrial Revolution is changing everything from the way our economies work as well as the way we relate to each other. It has been seen that the Previous industrial revolutions have enlightened humankind from animal power, made mass production plausible and brought digital abilities to billions of people. We are definitely at the beginning of the Fourth Industrial Revolution, which is fundamentally different. It is characterized by a wide range of new technologies that are fusing the biological, digital and physical worlds, and has impacted all economies and industries, and even challenged the idea about what it means to be human. The world now has the potential to connect billions of people around the world to…show more content…
Moreover, it is disrupting almost every industry and every field in every country. The breadth and depth of these variations herald the uprising of entire systems of management, production and governance. There are unlimited possibilities of billions of people all over the world connected by mobile devices, with unconceivable processing power, storage capacity and access to information. And these potentials are being improved by developing technological advances in fields such as robotics, artificial intelligence, biotechnology, the Internet of Things, 3D printing, autonomous vehicles, nanotechnology, materials science, energy storage and quantum…show more content…
Nowadays the physical can be made from the digital with the dash of a button. For years during the entire period of third industrial revolution subtractive manufacturing has been used to create prototypes and small parts. The old way of creating things consisted of taking lots of parts and bolting or welding them together which was very tedious and time consuming. Today it is possible to design and print a product with the help of 3D printer, which creates a solid object by constructing up consecutive layers of

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