“The fourth industrial revolution, however, is not only about smart and connected machines and systems. Its scope is much wider. Occurring simultaneously are waves of further breakthroughs in areas ranging from gene sequencing to nanotechnology, from renewables to quantum computing. It is the fusion of these technologies and their interaction across the physical, digital and biological domains that make the fourth industrial revolution fundamentally different from previous revolutions.” ― Klaus Schwab ―
I say, there is a change. It was needed and so it happened. The way we look at a half filled glass of water, the reasons we raise a toast to and the numbers we crave today were very different ten years down the memory lane. To get here - 2018 - was not a simple task. It required myriads of people, cultures, ideas and time to come together and perform. What once seemed impossible, was made practical and tenable for the public. One of the many fields that grew massively and was underpinned by science and history is technology. Around 3.5 billion years ago, humans were just equipped with a large brains and four limbs, however size never determined intelligence.
In fact, early humans were at the lowest position in the food chain since they were born as premature, dependent and unintelligent animals. The struggle to reach the top of the chain is another history which reveals the making of stone tools, fire and ways of adaption. So with time, humans evolved and as their neutral networks kept growing and growing, they figured out ways to fight circumstantial crisis and build social ties. It is a long touted and pervasive story that has been narrated from time to time to encourage further developments in the society.
Fast forwarding to the current scenario, we are midst of a huge transformation regarding manufacturing and remodeling of products in the markets. This transition is being viewed as the fourth revolution and is called the Industry 4.0. The first, second and third revolutions spoke a lot; from the mechanization of plants to the building of computers and adoption of automation and it has all costed a stalwart amount of dedication.
However now the systems are modeled to be termed as smart devices fueled by machine learning algorithms and real-time data. This phase focuses on heavy inter-connectivity and digitization of markets. In the simplest terms, the idea is to enable computers to communicate with each other by building networks and taking decisions with zero human effort involved in the process.
Soon in no time smart factories shall come into existence, making the production process constructive by avoiding maximum wastage, thus also helping a whole lot of other concerned fields which are dependable on factories for development. Smarts devices shall outgrow the term smart with time and experience, the more the exposure to real time data, the smarter the machine gets.