Are we in the midst of a fourth industrial revolution?
In the automotive and mobility world, Industry 4.0 encompasses innovations such as artificial intelligence, augmented reality, cloud computing and the network of connected sensors
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I m not much for buzzwords, but in the course of preparing a magazine issue focused on innovations in the manufacturing and movement of goods, buzzwords kept popping up in the research.
The most frequent: Industry 4.0. It s the idea that we are in the midst of a fourth industrial revolution.
There seems to be a general consensus about the previous three. The steam engine ushered in the first, transforming textile manufacturing in Britain in the 18th century. In the next century, mass production and innovations such as the internal combustion engine marked the dawn of a second industrial revolution. Next came the proliferation of computers, the Internet and the automation of production.
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