Artificial Intelligence, Big Data Analytics & 5 Things You Should Know About Industry 4.0

Big data, artificial intelligence (AI), Industry 4.0--these terms are thrown around by technologists today, conjuring dystopian images of dark silos of personal data on file, endless automation, and robots running our factories. But what is Industry 4.0? Will Industry 4.0 cut jobs or create them? BusinessBecause caught up with Professor Tobias Meisen, head of the Institute of Information Management in Mechanical Engineering (IMA) at Germany's RWTH Aachen University, who leads a host of new professional courses on Industry 4.0, to find out more. Here's five things you should know about Industry 4.0: A 2011 German government initiative, Industry 4.0 marks a new wave of automation developments in manufacturing, brought about by cutting-edge technologies like big data, artificial intelligence (AI) and the Internet of Things (IoT).