The 4th Industrial Revolution : Technology driven or human driven
The Fourth Industrial Revolution, popularly known as i4.0, can be described as the advent of “cyber-physical systems” involving entirely new capabilities for people and machines. These are integrations of computation, networking, and physical processes. Embedded computers and networks monitor and control the physical processes, with feedback loops where physical processes affect computations and vice versa. While these capabilities are reliant on the technologies and infrastructure of the Third Industrial Revolution, the Fourth Industrial Revolution represents entirely new ways in which technology becomes embedded within societies and even our human bodies. So what does this mean for you and me? It means a sea change in how we live, how we work and how we communicate. While we will see the top 5 impacts of I4.0 on us, let us understand first how we are connected to industry or how we are related to industry and how i4.0 will effect us: A. We are buyer...