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Amazon Go, a cashierless store enabled by computer vision, deep learning, and sensor fusion. " Fourth Industrial Revolution ", " 4IR ", or " Industry 4.0 " [ 1 ] is a neologism describing rapid technological advancement in the 21st century. [ 2 ] It follows the Third Industrial Revolution (the "Information Age").
The industrial internet of things (IIoT) refers to interconnected sensors, instruments, and other devices networked together with computers' industrial applications, including manufacturing and energy management. This connectivity allows for data collection, exchange, and analysis, potentially facilitating improvements in productivity and ...
The issue of machines displacing human labour has been discussed since at least Aristotle's time. [7] [8] Prior to the 18th century, both the elite and common people would generally take the pessimistic view on technological unemployment, at least in cases where the issue arose. Due to generally low unemployment in much of pre-modern history ...
Nearly a quarter of workers say their companies rolled out a return-to-office mandate in the past year, despite a clear preference among employees for remote and hybrid work.
The sharing economy is a socio-economic system whereby consumers share in the creation, production, distribution, trade and consumption of goods, and services. These systems take a variety of forms, often leveraging information technology and the Internet, particularly digital platforms, to facilitate the distribution, sharing and reuse of excess capacity in goods and services.
Travel and Hospitality. “An unequivocal understanding is that holidaying and taking business trips are the first non-fixed expenditures that come in the firing line in case of a recession ...
Economic globalization refers to the widespread international movement of goods, capital, services, technology and information. It is the increasing economic integration and interdependence of national, regional, and local economies across the world through an intensification of cross-border movement of goods, services, technologies and capital ...
Buildings in Rio de Janeiro, demonstrating economic inequality. Effects of income inequality, researchers have found, include higher rates of health and social problems, and lower rates of social goods, [1] a lower population-wide satisfaction and happiness [2] [3] and even a lower level of economic growth when human capital is neglected for high-end consumption. [4]