Tag: Industrial Revolution

What is Industry 4.0?

The New Industrial Revolution is changing the way products are made and shaping the future. The fourth industrial revolution, Industry 4.0, will introduce better products to the market in less time and at a lower cost. Industry 1.0, mechanization, replaced animal and human labor with machines, which was driven by the steam and internal combustion engine. Industry 2.0 was characterized by mass production. Assembly lines increased productivity and efficiency, and …
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Why A Robot Taking Your Job May Not Be So Bad

The robots are coming for your jobs! This is the message we hear daily from every angle. Though I dislike agreeing with sensationalized media stories, it is true. The likelihood of you losing your job to a machine or a robot is pretty high. However, where I do disagree with these eschatological cries is that I do not necessarily see it as a bad thing. I do not mean to …
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