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Proponents of the Fourth Industrial Revolution suggest it is a distinct revolution rather than simply a prolongation of the Third Industrial Revolution. [14] This is due to the following characteristics: Velocity — exponential speed at which incumbent industries are affected and displaced [14]
Various technological revolutions have been defined as successors of the original Industrial Revolution. The sequence includes: The first Industrial Revolution; The Second Industrial Revolution, also known as the Technological Revolution; The Third Industrial Revolution, better known as the Digital Revolution; The Fourth Industrial Revolution
The phrase Fourth Industrial Revolution was first introduced by Klaus Schwab, the executive chairman of the World Economic Forum, in a 2015 article in Foreign Affairs. [13] Following the publication of the article, the theme of the World Economic Forum Annual Meeting 2016 in Davos-Klosters, Switzerland was "Mastering the Fourth Industrial ...
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Schwab says the fourth industrial revolution in which we’re currently engaged—a confluence of innovations in AI, the Internet of Things, quantum computing, and more—will fuse together our ...
The Information Age [a] is a historical period that began in the mid-20th century. It is characterized by a rapid shift from traditional industries, as established during the Industrial Revolution, to an economy centered on information technology. [2]
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The Industrial Revolution spread southwards and eastwards from its origins in Northwest Europe. After the Convention of Kanagawa issued by Commodore Matthew C. Perry forced Japan to open the ports of Shimoda and Hakodate to American trade, the Japanese government realised that drastic reforms were necessary to stave off Western influence.