3 rd Industrial Revolution

During ‘ the digital revolution ’, technology and the invention of the internet acted as gateways for a wealth of new , hugely powerful possibilities within manufacturing . The deployment of computers drove the mass adoption of digital manufacturing .

Alongside this , the Universal Declaration of Human Rights ( adopted by the United Nations General Assembly in 1948 ) set new standards for fair wages , safe working conditions , and protection from slavery for all . However , as this was not universally implemented , businesses began to outsource their production to countries that did not follow the legislation .

4 th Industrial Revolution

In 2016 , Professor Klaus Schwab , the Founder of the World Economic Forum , suggested that we were at the start of a new industrial revolution : Industry 4.0 .

New inventions , which are predicted to completely transform the way that the world manufactures , include AI technologies , the deployment of 5G , virtual reality and machine learning .

We are now beginning to see the construction of new smart factories , which use these new technologies to enable capabilities that were previously completely out of reach .

And , as we ’ re only at the dawn of Industry 4.0 , we ’ re still yet to see just how much the current industrial revolution will achieve .

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