Industrial Revolution 4.0

What better way to start this new century than to go over the pros and cons of the 4th Industrial Revolution. The 4th industrial revolution is a term coined by Professor Klaus Schwab. He is the founder and Executive chairman of the World Economic Forum, so he has some good credentials. He described the 4th industrial revolution as a “current and developing environment in which disruptive technologies and trends such as the Internet of Things, robotics, virtual reality and Artificial Intelligence are changing the way people live and work”. So this is the era of AI and machine learning, genome editing, 3D printing, Internet of Things, augmented reality, autonomous vehicles, and much more. And we’re not talking about the future here. These things are currently affecting our personal and work life and they are ever evolving.