The Fourth Industrial Revolution

The Fourth Industrial Revolution
Author: Klaus Schwab
Publsiher: Currency
Total Pages: 184
Release: 2017
Genre: Business & Economics
ISBN: 9781524758868

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Between the 18th and 19th centuries, Britain experienced massive leaps in technological, scientific, and economical advancement

The Fourth Industrial Revolution

The Fourth Industrial Revolution
Author: Klaus Schwab
Publsiher: Currency
Total Pages: 192
Release: 2017-01-03
Genre: Business & Economics
ISBN: 9781524758875

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World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolu­tion, which will fundamentally alter how we live and work. 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, wear­able 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 “smart factories” in which global systems of manu­facturing 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 individu­als. Schwab also offers bold ideas on how to harness these changes and shape a better future—one 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 frame­works that advance progress.

The Fourth Industrial Revolution

The Fourth Industrial Revolution
Author: Klaus Schwab
Publsiher: Penguin UK
Total Pages: 192
Release: 2017-01-03
Genre: Business & Economics
ISBN: 9780241980538

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The founder and executive chairman of the World Economic Forum on how the impending technological revolution will change our lives We are on the brink of the Fourth Industrial Revolution. And this one will be unlike any other in human history. Characterized by new technologies fusing the physical, digital and biological worlds, the Fourth Industrial Revolution will impact all disciplines, economies and industries - and it will do so at an unprecedented rate. World Economic Forum data predicts that by 2025 we will see: commercial use of nanomaterials 200 times stronger than steel and a million times thinner than human hair; the first transplant of a 3D-printed liver; 10% of all cars on US roads being driverless; and much more besides. In The Fourth Industrial Revolution, Schwab outlines the key technologies driving this revolution, discusses the major impacts on governments, businesses, civil society and individuals, and offers bold ideas for what can be done to shape a better future for all.

Shaping the Future of the Fourth Industrial Revolution

Shaping the Future of the Fourth Industrial Revolution
Author: Klaus Schwab,Nicholas Davis
Publsiher: Currency
Total Pages: 288
Release: 2018-11-06
Genre: Business & Economics
ISBN: 9781984822628

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World Economic Forum Founder and Executive Chairman Klaus Schwab offers a practical companion and field guide to his previous book, The Fourth Industrial Revolution. Today, technology is changing everything--how we relate to one another, the way we work, how our economies and goverments function, and even what it means to be human. One need not look hard to see how the incredible advances in artificial intelligence, cryptocurrencies, biotechnologies, and the internet of things are transforming society in unprecedented ways. But the Fourth Industrial Revolution is just beginning, says Schwab. And at a time of such tremendous uncertainty and such rapid change, he argues it's our actions as individuals and leaders that will determine the trajectory our future will take. We all have a responsibility - as citizens, businesses, and institutions - to work with the current of progress, not against it, to build a future that is ethical, inclusive, sustainable and prosperous. Drawing on contributions from 200 top experts in fields ranging from machine learning to geoengineering to nanotechnology, to data ethics, Schwab equips readers with the practical tools to leverage the technologies of the future to leave the world better, safer, and more resilient than we found it.

Economics of the Fourth Industrial Revolution

Economics of the Fourth Industrial Revolution
Author: Nicholas Johnson,Brendan Markey-Towler
Publsiher: Routledge
Total Pages: 198
Release: 2020-10-26
Genre: Business & Economics
ISBN: 9780429771699

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This book applies cutting-edge economic analysis and social science to unpack the rich complexities and paradoxes of the Fourth Industrial Revolution. The book takes the reader on a bold, refreshing, and informative tour through its technological drivers, its profound impact on human ecosystems, and its potential for sustainable human development. The overarching message to the reader is that the Fourth Industrial Revolution is not merely something to be feared or survived; rather, this dramatic collision of technologies, disciplines, and ideas presents a magnificent opportunity for a generation of new pioneers to rewrite "accepted rules" and find new avenues to empower billions of people to thrive. This book will help readers to discern the difference between disruption and transformation. The reader will come away from this book with a deeply intuitive and highly contextual understanding of the core technological advances transforming the world as we know it. Beyond this, the reader will clearly appreciate the future impacts on our economies and social structures. Most importantly, the reader will receive an insightful and actionable set of guidelines to assist them in harnessing the Fourth Industrial Revolution so that both they and their communities may flourish. The authors do not primarily seek to make prescriptions for government policy, but rather to speak directly to people about what they can do for themselves, their families, and their communities to be future-proofed and ready to adapt to life in a rapidly evolving world ecosystem.

Profit and Prejudice

Profit and Prejudice
Author: Paul Donovan
Publsiher: Routledge
Total Pages: 264
Release: 2020-11-06
Genre: Business & Economics
ISBN: 9781000292442

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Avoiding prejudice will be critical to economic success in the fourth industrial revolution. It is not the new and innovative technology that will matter in the next decade, but what we do with it. Using technology properly, with diverse decision making, is the difference between success and failure in a changing world. This will require putting the right person in the right job at the right time. Prejudice stops that happening. Profit and Prejudice takes us through the relationship between economic success and prejudice in labour markets. It starts with the major changes that occur in periods of economic upheaval. These changes tend to be unpopular and complex – and complexity encourages people to turn to the simplistic arguments of ‘scapegoat economics’ and prejudice. Some of the changes of the fourth industrial revolution will help fight prejudice, but some will make it far worse. The more prejudice there is, the harder it will be for companies and countries to profit from the changes ahead. Profit is not the main argument against prejudice, but can certainly help fight it. This book tells a story of the damage that prejudice can do. Using economics without jargon, students, investors and the public will be able to follow the narrative and see how prejudice can be opposed. Prejudice is bad for business and the economy. Profit and Prejudice explains why.

The 4th Industrial Revolution

The 4th Industrial Revolution
Author: Mark Skilton,Felix Hovsepian
Publsiher: Springer
Total Pages: 322
Release: 2017-11-28
Genre: Business & Economics
ISBN: 9783319624792

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This book helps decision makers grasp the importance, and applicability to business, of the new technologies and extended connectivity of systems that underlie what is becoming known as the Fourth Industrial Revolution: technologies and systems such as artificial intelligence, machine learning, 3D printing, the internet of things, virtual and augmented reality, big data and mobile networks. The WEF, OECD and UN all agree that humanity is on the cusp of the Fourth Industrial Revolution. As intelligent systems become integrated into every aspect of our lives this revolution will induce cultural and societal change of a magnitude hitherto unforeseen. These technologies challenge the values, customer experience and business propositions that have been the mainstay of almost every business and organization in existence. By redefining and encapsulating new value structures with emerging intelligent technologies, new innovative models are being created, and brought to market. Understanding the potential and impact of these changes will be a fundamental leadership requirement over the coming years. Skilton and Hovsepian provide decision makers with practical, independent and authoritative guidance to help them prepare for the changes we are all likely to witness due to the rapid convergence of technological advances. In short, bite-sized, nuggets, with frameworks supported by a deep set of practical and up-to-the-minute case studies, they shine light on the new business models and enterprise architectures emerging as businesses seek to build strategies to thrive within this brave new world.

The Fourth Industrial Revolution

The Fourth Industrial Revolution
Author: Alan Nankervis,Julia Connell,Alan Montague,John Burgess
Publsiher: Springer Nature
Total Pages: 239
Release: 2021-08-11
Genre: Business & Economics
ISBN: 9789811616143

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This book explores the core themes of the Fourth Industrial Revolution (4IR) highlighting the digital transformation that has been occurring in society and business. Representing an interface between technologies in the physical, digital and biological disciplines the book explores emerging technologies such as artificial intelligence, robotics, the Internet of Things, autonomous vehicles, 3-D printing, nanotechnology, biotechnology, materials science, energy storage, and quantum computing. The findings of collaborative research studies on the potential impact of the 4IR on the labour markets, occupations, future workforce competencies and skills associated with eight industry sectors in Australia are reported. The sectors are: agriculture and mining; manufacturing and logistics; health, medical and nursing; education; retail; financial services; government services and tourism.

Systems Engineering in the Fourth Industrial Revolution

Systems Engineering in the Fourth Industrial Revolution
Author: Ron S. Kenett,Robert S. Swarz,Avigdor Zonnenshain
Publsiher: John Wiley & Sons
Total Pages: 656
Release: 2019-12-10
Genre: Technology & Engineering
ISBN: 9781119513940

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An up-to-date guide for using massive amounts of data and novel technologies to design, build, and maintain better systems engineering Systems Engineering in the Fourth Industrial Revolution: Big Data, Novel Technologies, and Modern Systems Engineering offers a guide to the recent changes in systems engineering prompted by the current challenging and innovative industrial environment called the Fourth Industrial Revolution—INDUSTRY 4.0. This book contains advanced models, innovative practices, and state-of-the-art research findings on systems engineering. The contributors, an international panel of experts on the topic, explore the key elements in systems engineering that have shifted towards data collection and analytics, available and used in the design and development of systems and also in the later life-cycle stages of use and retirement. The contributors address the issues in a system in which the system involves data in its operation, contrasting with earlier approaches in which data, models, and algorithms were less involved in the function of the system. The book covers a wide range of topics including five systems engineering domains: systems engineering and systems thinking; systems software and process engineering; the digital factory; reliability and maintainability modeling and analytics; and organizational aspects of systems engineering. This important resource: Presents new and advanced approaches, methodologies, and tools for designing, testing, deploying, and maintaining advanced complex systems Explores effective evidence-based risk management practices Describes an integrated approach to safety, reliability, and cyber security based on system theory Discusses entrepreneurship as a multidisciplinary system Emphasizes technical merits of systems engineering concepts by providing technical models Written for systems engineers, Systems Engineering in the Fourth Industrial Revolution offers an up-to-date resource that contains the best practices and most recent research on the topic of systems engineering.

Higher Education in the Era of the Fourth Industrial Revolution

Higher Education in the Era of the Fourth Industrial Revolution
Author: Nancy W. Gleason
Publsiher: Springer
Total Pages: 229
Release: 2018-06-21
Genre: Education
ISBN: 9789811301940

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This open access collection examines how higher education responds to the demands of the automation economy and the fourth industrial revolution. Considering significant trends in how people are learning, coupled with the ways in which different higher education institutions and education stakeholders are implementing adaptations, it looks at new programs and technological advances that are changing how and why we teach and learn. The book addresses trends in liberal arts integration of STEM innovations, the changing role of libraries in the digital age, global trends in youth mobility, and the development of lifelong learning programs. This is coupled with case study assessments of the various ways China, Singapore, South Africa and Costa Rica are preparing their populations for significant shifts in labour market demands – shifts that are already underway. Offering examples of new frameworks in which collaboration between government, industry, and higher education institutions can prevent lagging behind in this fast changing environment, this book is a key read for anyone wanting to understand how the world should respond to the radical technological shifts underway on the frontline of higher education.

The Fourth Industrial Revolution and the Recolonisation of Africa

The Fourth Industrial Revolution and the Recolonisation of Africa
Author: Everisto Benyera
Publsiher: Routledge
Total Pages: 200
Release: 2021-06-15
Genre: Political Science
ISBN: 9781000396768

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This book argues that the fourth industrial revolution, the process of accelerated automation of traditional manufacturing and industrial practices via digital technology, will serve to further marginalise Africa within the international community. In this book, the author argues that the looting of Africa that started with human capital and then natural resources, now continues unabated via data and digital resources looting. Developing on the notion of "Coloniality of Data", the fourth industrial revolution is postulated as the final phase which will conclude Africa’s peregrination towards recolonisation. Global cartels, networks of coloniality, and tech multi-national corporations have turned Big Data into capital, which is left unguarded in Africa as the continent lacks the strong institutions necessary to regulate the mining of data. Written from a decolonial perspective, this book employs three analytical pillars of coloniality of power, knowledge and being. It concludes with an assessment of what could be done to help to turn the fourth industrial revolution from a curse into a resource. Highlighting the crippling continuation of asymmetrical global power relations, this book will be an important read for researchers of African studies, politics and international political economy.

Fourth Industrial Revolution and Business Dynamics

Fourth Industrial Revolution and Business Dynamics
Author: Nasser Rashad Al Mawali
Publsiher: Springer Nature
Total Pages: 135
Release: 2022
Genre: Electronic Book
ISBN: 9789811632501

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Sustainable Construction in the Era of the Fourth Industrial Revolution

Sustainable Construction in the Era of the Fourth Industrial Revolution
Author: Ayodeji Emmanuel Oke,Clinton Aigbavboa,Seyi S. Stephen,Wellington Didibhuku Thwala
Publsiher: Routledge
Total Pages: 184
Release: 2021-09-05
Genre: Architecture
ISBN: 9781000434996

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This book provides readers with an understanding of various concepts, benefits, and practices that the adoption of Fourth Industrial Revolution (4IR) technolo>gies can bring when working towards sustainable construction goals. As digitalization continues to advance rapidly, the pressures on stakeholders in the architecture, engineering, construction, and operation (AECO) industry to revamp and restructure their activities and outputs become increasingly prev>alent. This research book explains the importance of various digital tools and principles to achieve sustainable construction projects. It adopts various stand>ards and concepts to highlight how 4IR technologies could assist and accelerate construction sustainability. It is the first book to link construction management with various digital tools to enhance construction projects’ sustainability. It also provides an in-depth insight into the concept of sustainable construction 4.0 across both developing and developed countries for construction professionals, sustainability experts, researchers, educators, and other stakeholders.The book can be adopted as a research guide, framework, and reference on sustainable construction, the concept of sustainable projects, digitalization in the construction industry, and the 4IR.

The Fourth Industrial Revolution and Its Impact on Ethics

The Fourth Industrial Revolution and Its Impact on Ethics
Author: Katharina Miller,Karen Wendt
Publsiher: Springer Nature
Total Pages: 359
Release: 2021-03-01
Genre: Business & Economics
ISBN: 9783030570200

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This book tackles the ethical problems of the “Fourth Industrial Revolution” (4IR) and offers readers an overview of the ethical challenges connected to Artificial Intelligence (AI), encryption and the finance industry. It specifically focuses on the situation of females in these industries, from women lawyers, judges, attorneys-at-law, investors and bankers, to portfolio managers, solicitors and civil servants. As the 4IR is more than “just” a technology-driven transformation, this book is a call to policymakers and business leaders to harness new technologies in order to create a more inclusive, human-centered future. It offers many practical cases of proactive change agents, and offers solutions to the ethical challenges in connection with implementing revolutionary disruptive products that often eliminate the intermediary. In addition, the book addresses sustainable finance in startups. In this context, education, training, agility and life-long learning in financial literacy are some of the key solutions highlighted here. The respective contributors supply a diverse range of perspectives, so as to promote a multi-stakeholder approach.

Artificial Intelligence and the Fourth Industrial Revolution

Artificial Intelligence and the Fourth Industrial Revolution
Author: Utpal Chakraborty,Amit Banerjee,Jayanta Kumar Saha,Niloy Sarkar,Chinmay Chakraborty
Publsiher: Unknown
Total Pages: 350
Release: 2021-03-31
Genre: Electronic Book
ISBN: 9814800791

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This book covers the overall technology spectrum in AI and the Fourth Industrial Revolution that is set to revolutionize the world as we know it. It is a handbook for CEOs, entrepreneurs, and university VCs, as well as the vast workforce and students with tech or non-tech backgrounds. It covers aspects and case studies from industry, academics, administration, law, finance and accounting, as well as educational technology. The contributors, who are experts in their respective fields and from industry and academia, focus on gesture recognition prototype for specially abled people, jurisprudential approach to artificial intelligence and legal reasoning, automated chatbot for autism spectrum disorder using ai assistance, Big Data analytics and IoT, design of the 3D printed dexterous prosthetic arm, discerning and demonstrating consumer emotion and surfing behavior to develop personalized ontology, emotionally intelligent AI, role of artificial intelligence in advancement of drug discovery and development, opportunities and challenges of the Fourth Industrial Revolution, legal ethical and policy implications of artificial intelligence, Internet of Health Things for smart healthcare and digital well-being, machine learning and computer vision, a computer vision-based system for automation and industrial applications, AI-IoT in home-based healthcare, and AI in super-precision human brain and spine surgery. Buttressed with comprehensive theoretical, methodological, well-established and validated empirical examples, the volume covers the interests of a very vast audience from basic science to engineering and technology experts and learners. It could eventually work as a textbook for engineering and biomedical students, students of master's programs in science, and researchers. The book also serves common public interest by presenting new methods to improve the quality of life in general, with a better integration into society.