Industry 4.0

Industry 4.0

A Journey Toward A.I. & The 4th Industrial Revolution

As the tech companies across the globe continue to make advancements in the field of Artificial Intelligence, humanity is now at the brink of entering the Fourth Industrial Revolution. This will be a technological revolution that will change the way we live, work, and relate to one another. Although most do not know exactly how this revolution will occur, know that it’s driven by tech companies and stockholders now competing to claim a spot in an evolving industry.

Industry 1.0

The first Industrial Revolution began in 1784 and was characterized by steam, water, and mechanical production equipment.

A French economist named Auguste Blanqui coined the term in 1837 to describe Britain’s transition from using simple instruments in the homes, to developing factories and using power-driven machinery.

Industry 2.0

The second Industrial Revolution began in 1870 and lasted until 1914. It was characterized by division labor, electricity, and mass production. This was the most famous industrial revolution, leading the United States to produce one-third of the world’s industrial out put. According to historian Ryan Engelman, that was more than the total of Great Britain, France, and Germany combined! This era produced most of the many inventions and technological advancements that set our direction toward the modern world. This includes the creation of the railroad, telephone, elevator and structural steel for buildings and skyscrapers, phonograph and motion pictures; electric generators, and the internal combustion engine, which made possible the first automobiles and the first airplane flight by the Wright brothers in 1903.

Industry 3.0

The third Industrial Revolution began in 1969 and is still occurring in present day.

This revolution is characterized by technological advancements like the Internet, automated production, mobile communication devices, and digitalization. With the means to innovate like never before, we have created world changing technologies that continue to advance industries and society across the globe.

Industry 4.0

Technology is advancing at rapid speed and progressively being incorporated into our everyday lives.

Humanity is now at the forefront of a fourth Industrial Revolution, one that will include virtual reality, robots and software working side-by-side with humans for industry social reasons. Currently businesses in every industry are using machine learning algorithms to maximize efficiency and provide solutions. Software can now provide services that automate research, preform advanced calculations, and detect fraud. Average every-day people are now using products powered A.I. as well. Virtual assistants like Apple’s Siri and Amazon’s Alexa are both powered by artificial intelligence and continue to become smarter.

How Long Do We Have?

According to Moores Law, a forecast created in 1970 that still holds true half-century later, computer processing power doubles every two years. According to IBM, the build out of the “internet of things” will lead to the doubling of knowledge every 12 hours. Although the official start to our fourth Industrial Revolution uncertain, what is clear is that technology is advancing at a rapid rate, and the years to come will be filled with many world changes breakthroughs. What a time to be alive!

Work Cited:

Engelman, Ryan. “The Second Industrial Revolution, 1870–1914.” US History Scene. 10 Apr. 2015. Web. 13 Sept. 2016.