The Fourth Industrial Revolution

Technology breakthroughs are disrupting every industry at a rapid rate. In fact, advances in technology are massively transforming every industry exponentially faster than ever before in history. What do you call exponentially fast disruption and massive transformation in worldwide industries?   It’s called the 4th Industrial Revolution, which I talk about in more detail in this episode of Short and Sweet AI.    In this episode find out:  What the 4th Industrial Revolution is A brief overview of the previous industrial revolutions Whether the 4th Industrial Revolution should be considered a part of the Third Industrial Revolution Pros and cons of the new Industry 4.0 Why inequality may become the greatest threat of the 4th IR   Important Links & Mentions https://drpepermd.com/episode/what-is-edge-ai-or-edge-computing/ (What Is Edge AI or Edge Computing?) https://drpepermd.com/episode/5g-fifth-generation-wireless-what-is-it/ (5G: Fifth Generation Wireless, What Is It?) https://drpepermd.com/episode/what-is-iot-and-why-does-it-matter/ (What is IOT and Why Does it Matter?) https://drpepermd.com/2019/11/15/xr-what-is-extended-reality/ (XR: What is Extended Reality?) Resources: https://www.cnbc.com/2019/01/16/fourth-industrial-revolution-explained-davos-2019.html (CNBC - Everything you need to know about the Fourth Industrial Revolution) https://www.salesforce.com/blog/what-is-the-fourth-industrial-revolution-4ir/#:~:text=The%20Fourth%20Industrial%20Revolution%20is,quantum%20computing%2C%20and%20other%20technologies (Salesforce - What Is the Fourth Industrial Revolution?) https://www.weforum.org/agenda/2016/01/the-fourth-industrial-revolution-what-it-means-and-how-to-respond/ (World Economic Forum - The Fourth Industrial Revolution: what it means, how to respond) https://www.youtube.com/watch?v=kpW9JcWxKq0 (What is the Fourth Industrial Revolution?) https://www.youtube.com/watch?v=v9rZOa3CUC8 (What is the Fourth Industrial Revolution? | CNBC Explains) https://www.amazon.com/Fourth-Industrial-Revolution-Klaus-Schwab/dp/1524758868/ref=sr_1_sc_1?ie=UTF8&qid=1502893274&sr=8-1-spell&keywords=klas+schwab (The Fourth Industrial Revolution by Klaus Schwab) Episode Transcript: Welcome to those who are curious about AI. From Short and Sweet AI, I’m Dr. Peper. Right here, right now, technology breakthroughs are disrupting every industry and massively transforming every industry, exponentially faster than ever before in history. What do you call exponentially fast disruption and massive transformation in world-wide industries? It’s called the 4th industrial revolution.     The 4th industrial revolution is also known as 4 IR or Industry 4.0. But what does it mean? Klaus Schwab, founder of the World Economic Forum, coined the term and wrote a book of the same title. He details how we are now living during a 4th industrial revolution characterized by the fusion of AI, robotics, 3D printing, IOT, quantum computing, blockchain, autonomous vehicles, 5G, synthetic biology, virtual reality, and countless other technologies. He describes this as a “technological revolution… that is blurring the lines between the physical, digital and biological spheres”. Technology merges with humans as our smart watches monitor our hear rate, our temperature or how much we move. It embeds in our daily lives as facial recognition, voice activated assistants, or apps on our phone. This isn’t the future, this is happening now. It’s changing how we live and changing who we are. The three previous industrial revolutions also had new technology which fundamentally changed society. And yet, they were different. Let’s go back and look. The First Industrial Revolution occured in 1760 with the invention of the steam engine and led to factory manufacturing. Hand-made goods were replaced by mass produced products. And the agricultural society was replaced by a huge migration to the...