The 20 Key Technologies of Industry 4.0 and Smart Factories The Road to the Digital Factory of the Future: The Road to the Digital Factory of the Future | Teaching in the Fourth Industrial Revolution: Standing at the Precipice | Shaping the Fourth Industrial Revolution | The Industries of the Future | No Ordinary Disruption | The Second Machine Age | The Second Machine Age
Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human.
Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wearÂable sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine âsmart factoriesâ in which global systems of manuÂfacturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials.
The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history.
He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individuÂals. Schwab also offers bold ideas on how to harness these changes and shape a better futureâone in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frameÂworks that advance progress.
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