Fourth Industrial Revolution
We are currently on the end of a Fourth Industrial Revolution. Ever since the First Industrial Revolution in the eighteenth century, the world has been rapidly breaking boundaries in technology. For example, the Second Industrial Revolution introduced electricity into the world a century later. In our current digital age, the Fourth Industrial Revolution is now dawning upon us and its technology is not only increasing quickly, but exponentially.The term coined by founder of the World Economic Forum (WEF) Klaus Schwab enclose several technological advances such as automation. This component of the Fourth Industrial Revolution will drastically change the way we work.One point of the Fourth Industrial Revolution is the increased use of automation. Amazon’s workforce is already equipped with robots that systematic perform jobs that were once done by humans. In their workstation, robots carry huge packets of goods and align them in order of delivery.
In 2013 Amazon had 1,000 robots, 3 years later the numbers went up to 45,000 and today they have around 100,000 robots. Amazon’s use of robots has increased its efficiency extremely; however the public is concerned with how robots are replacing human jobs.Automation was created to take over repetitive and routine work. Even though every revolution has interrupted the existing system of work, the Fourth Industrial Revolution is different since the changes are magnificent compared to the ones that preceded it.
The innovation and technology will create more jobs than the ones it will destroy. The reason behind this is proof from the past. Ten years ago, the position of a web developer was non-existent; today it is an adequate paying job. Similarly, in a few years it will cease to exist.New jobs will be on the way, with creativity and innovation leading the path. Even though, automation sounds dystopian, the fact that uninteresting and mundane jobs such as data entry, driving and mechanical tasks will be performed by robots will allow individuals to dedicate less time working and more time experimenting and learning.
Nine to five jobs will decrease, while digital skills and creativity will advance. In a fast moving world, individuals will have to be flexible, possess a growth mindset and develop a wide set of skills.In a world where knowledge is given and creativity and innovation lead the way, who knows what’s coming next.The Fourth Industrial Revolution is on its way. Are you ready for it?