Fourth Industrial Revolution: Uses And Challenges

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The Fourth Industrial Revolution: Uses and Challenges

Past industrial revolutions revolved around different productions, leading to humankind becoming independent from relying on animals to do work and improve the standard of living. [2] The first revolution used mechanical technology like water and steam to generate power and also produce products. The second revolution used electrical technology to generate large power for mass production. The third revolution used automation technology like electronics and information technology. [1] [2]

Fourth Industrial Revolution is a mixture of physical, digital, and biological technological revolution which caused the lines to be blurred among them, and which is actually escalating on the third but
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Even human being, a natural concept, is going to change. Our body will be starting to go highly technological until we cannot identify ourselves to be natural or artificial. There is even an idea of becoming a ‘superhuman’ if our brain, which is the most complex categorisation of matter in the universe, can be modified. [1] Therefore, the Fourth Industrial Revolution should be called a revolution.

Industry 4.0 facilitates the vision and execution of a Smart Factory. Few of its core pillars are Advanced Automation, Sophisticated Data Analytics, and Industrial Cybersecurity and so on. Areas having impact on business, government and society are technology and services, advanced automation and augmented reality. Many examples are described in Figure 1.1 but we will focus on Big data analytics, AI and Decision making and Additive Manufacturing. [4] [5]

Figure 1‑1: Approximate Timeline of Examples for Industry 4.0 [5] Big data
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The best way to understand people’s demand would be to conduct online surveys using online platforms, which are easily accessible by people.
The problem that arises from using artificial intelligence affects mainly the working population. Workers are fearful of being dismissed from their job when artificial intelligence like machines and factories are able to replicate their work more efficiently and in abundance. Manufacturing, accounting and repetitive jobs are the most likely to be overtaken by machines. One possible solution would be for people to pick up a certain skill or talent which is not easily replicable by machines or robots.[15] People should look for jobs which require intellectual intelligence; common sense, creativity, imagination, leadership and analysis.

To conclude, one of the most important factor, that decides whether the Fourth Industrial Revolution will lead humanity on for many year ahead, lies in the hands of the people and the decisions they make. They need to focus more on empowering their lives, instead of relying too much on technology. Learning when to disconnect from the online world and appreciate the natural course of life will help to enhance their

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