Page 98 - ICE BUSINESS TIMES January 2020
P. 98

4IR Realities


















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                                                                                   By Farhat Zishan
                       Our society is an               How societies
                       ever-changing one. And
                       interestingly, it morphs into a   will be
                       different one with the massive   affected by
                       development of technology and
                       tools. Back when steam          the 4th
                       engines and factories first
                       started to appear, our society   Industrial
                       transformed from an             Revolution
                       agricultural one to a world                                 of things into still unimagined new
                       that is reliant on production                               products, services, and even
                       and manufacturing. And now,                                 industries. As the 4th Industrial
                       with technological advancement at its peak,     Revolution looms in, we are witnessing the opening
                       our society is set to change once again;        of new jobs, new industries, and even new economic
                       redefining how we work, study and even live as   shifts. It’s already reshaping government, education,
                       part of a larger community. We are almost at    healthcare, and commerce—restructuring every
                       the brink of the 4th Industrial Revolution;     aspect of life.
                       which represents the convergence of artificial   Let’s take a deep dive and discover the other
                       intelligence (AI), machine learning, virtual and   significant changes that are underway in the face of
                       augmented reality, 3D printing and the internet   the 4th Industrial Revolution.

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