Fourth Industrial Revolution – How It Changed The Market!
Revolution is the only way for the development of human being. From very past decades people use their mind and intelligence to improve their live hood. From the history, we can see that how a human being becomes social with their strong effort and thus they achieved their goal. The industrial revolution is the main turning point to change the relationship between environment and the human being.
The industrial revolution has started in the17th century in Britain and this is the first step to globalism. It changed the human life style, living standard and work pattern for the entire Earth. The first industrial revolution was the managing the process of using steam and water. The second one is the large production of items for various purposes. From that, the third one makes a big impact in the history of revolution by the innovation of new ideas and technology, huge usage of electronics products, computer technology, and the automation.
Fourth industrial revolution
We are in the era of fourth industrial revolution. Industrial revolution affected the economy of the each and every country and industrialization become the main pillar of any country’s economy. Forth industrial revolution brings new technology innovation. From very first industrial revolution, technology changes rapidly within a very short period of time and makes a huge progress of development.
Development and technologies
Forth industrial revolution came in the name of digital revolution. In this era, technology has opened the new sides with the help of science and intelligence and it came in the field of Artificial intelligence, Quantum computers, nanotechnology, robotics and the automation of vehicle. All these are highly advanced technology and some of the projects are still under process. It connected the human body with new sides of the science. The technology has the potential to reach millions of people with the help of internet.
Impact of technology development
Industrial revolution helps in globalism and the organizations to make a new way of making their growth in business and development by using natural assets properly.
- Living standards- Forth industrial revolution transforms the standard of living in a high altitude by giving various pleasure to leave. All digital innovation brings the world in your hand and makes you easier to access.
- Production efficiency- Companies are making much profit by using advanced technology and reduced the production cost and that helps to grow the capital as well as the economy.
- Skilled professional- From the industrial revolution a major problem is going to happen is the deficiency of jobs. The automated advanced machine will occupy the place for the low-skilled labors and technicians and there will be the only job for the highly skilled professional.
However, the fourth industrial revolution makes a huge impact in the world with its tremendous effect of advanced technology. It increases the human creativity, intelligence, and idea in a whole new level. Everyone has to realize the innovation’s goodwill and have to take care of nature properly to live in the Earth.