Technology Revolutions Should Enable Ten Times the Production of the Prior Generation – NextBigFuture.com

There is a definition of a Fourth Industrial Revolution (4IR) as the age of digitalization. This is making smart cities, vastly improved factories and a lot of automation of tasks and services in our homes and at work. Industry 4.0 enables real-time data gathering, analysis, and decision- and prediction-making capabilities. Nextbigfuture would indicate that this 4IR is just an extension of the third industrial revolution of computers and robotic automation. The adoption levels of computers and robots are too low and the impact on factory and production levels has not reached the level of improvements reached by the Ford factories and oil machinery over the steam age.