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Monday, September 21, 2015

Innovations & technologies

Is this the start of a fourth industrial revolution?


IRAre we on the cusp of a fourth industrial revolution? Many experts seem to think so. In fact, at this week’s Annual Meeting of the New Champions, some even suggested we’re already living through it. “It’s not the next technological revolution – it’s already here,” said Klaus Schwab.
As with the three industrial revolutions that came before, this is about more than fancy new technology. The Spinning Jenny of the first industrial revolution didn’t just make it faster and easier to produce textile products – it fundamentally altered the Western world’s social landscape, from one dominated by small, rural craftsmen to one of factory workers and machine manufacture.

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