Speech of 10 min industrial revolution are we prepared for it
Answers
Industrial revolution is mainly brought by the technological innovations mainly in the fields of Artificial intelligence, Robotics, Bio-technology, Nano-technology, Big data, Automation in all fields, etc.
When industrial revolution occurs, there will be a definite change in the society and living environment.
People may come across many challenges in adapting themselves. Education system may have to be improvised.
Future generation must tune themselves to be value-driven in order to face the industrial revolution.
Fourth Industrial revolution might bring new opportunities everywhere and empower everyone.
Who’s making their own clothes anymore? What happened to the horse and buggy market? Even the technology revolution from the late 20th century is getting eclipsed.
The Fourth Industrial Revolution is upon us and you better get ready.
With the Fourth Industrial Revolution, we’re seeing the lines blur between physical and digital realities. While we used technology to improve our lives in the Third Industrial Revolution, now technology is starting to work on us, around us, and for us in ways that aren’t always visible. But these technologies are there, impacting how we live and work – and how we interact with each other.
“There’s all these amazing new technologies, things like autonomous vehicles and artificial intelligence and nanotechnology and mobile computing and all these things are really hitting at once. And companies are really transforming themselves and bringing all these new technologies in really to connect with their customers in new ways.” – Marc Benioff, founder and CEO of Salesforce, speaking at the 2017 Dreamforce conference.
As with the earlier industrial revolutions, some industries and markets will die off, some will be transformed, and entirely new ones will be created. The companies that make it through the Fourth Industrial Revolution are the ones that are currently embracing the challenges and opportunities it brings.
The truth is that this revolution is so profound, we can’t predict all the challenges and risks that may come. How do we prepare our current workforces? How do we educate the next one? How will the means needed to consistently innovate align with the organizational imperative to compete at lightning speed?
Why does your business need to be prepared?
Adopting and integrating the digital and physical technologies that exist today improves your operations and productivity and sets the foundation for future innovation and growth.
Your competitors are getting on board. You need to stay competitive with those companies that are agile and able to leverage new technologies to scale their business.
Companies that don’t start building the technical infrastructure and data analysis capabilities that are the lifeblood of the Fourth Industrial Revolution won’t make it through.
Fourth Industrial Revolution Technologies
These are the key technologies that will empower this revolution and your business’s success:
Artificial Intelligence
Replicating human capabilities to provide faster customer service or smarter warehouse management are the tasks AI can achieve today. With AI capabilities ramping up exponentially, companies need to lay the foundation of computing power and enterprise data management.
Machine Learning
AI applications glean the insights from your data and act on them without requiring human interference. Machine learning works 24/7 to refine financial trading, monitor and respond to security intrusions and mass personalize offers to consumers at exactly the right moment.
Chatbots
Another subset of AI, chatbots rely on natural language processing to act as customer service agents, personal assistants, shopping advisors, or any role that responds to a wide variety of common questions or tasks.
Quantum computing
Quantum computing moves past the binary bits of our current computing methods to run on qubits, which can exist in more than one position at the same time. In terms of problem solving and innovating, quantum computers are the big leagues that will make supercomputers look like wiffle ball.
Internet of Things (IoT)
As devices, mechanical and digital, these technologies all connect to the Internet where they can share data and control other devices. As factories, warehouses and retail stores become connected down to each shelf, bin, and robot. Supply chain management and manufacturing will never look the same.
Blockchain
Created to support cryptocurrencies, this peer-to-peer based data model of transaction records will transform how businesses interact. By removing the need for go-between agents to mediate between parties, it can improve real-time data sharing and speed up transactions.