4th Industrial Revolution

Background

1. 1st IR:
   1. steam power
   2. Textile
   3. factories
2. 2nd IR
   1. Electricity
   2. Aeroplanes
   3. Moving Pictures
3. 3rd IR
   1. Telecommunication
   2. Internet
   3. Mass Communication
4. 4th IR
   1. Driverless Cars
   2. Smart Robotics
   3. Big Data, Augmented Reality, IoT

Challenges with 4th IR

1. Inequality, Unemployment will increase with increasing automation
2. will harm the developing economies
3. will increase social tensions