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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 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.
The term "Luddite fallacy" is sometimes used to express the view that those concerned about long-term technological unemployment are committing a fallacy, as they fail to account for compensation effects. People who use the term typically expect that technological progress will have no long-term impact on employment levels, and eventually will ...
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 ...
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 ...
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 ...
v. t. e. Economic liberalization, or economic liberalisation, is the lessening of government regulations and restrictions in an economy in exchange for greater participation by private entities. In politics, the doctrine is associated with classical liberalism and neoliberalism. Liberalization in short is "the removal of controls" to encourage ...
Sweeping Tariffs on US Imports Will Raise Operating Costs. Trump has mentioned implementing a 10% tariff on all U.S. imports and a tariff as high as 60% on all imports from China. Trump even ...