Fourth Industrial revolution technologies
The Fourth Industrial Revolution is being built upon the new and innovative technologies like Artificial Intelligence, Automation, Robotics, Internet of Things (IoT) to name a few. These technologies are driving the companies, startups and innovations that will shape the future of the business, work, trade and everyday life.
Artificial Intelligence (AI)
Narrow AI is technology disrupting every industry from farm fields, to trading desks, to medical offices. The deployment of AI will lead to faster and more disruptive innovations across all industries which cannot be forecasted with any certainty. AI will also be used to power the software automating tasks, reducing human error and in some cases eliminating jobs.
Internet of Things (IoT)
Internet of Things (IoT) are internet connected devices like cameras, sensors, house hold appliances, cellphones, smart watches, cars and numerous other devices. These devices produce massive amounts of raw data which companies can analyze to gain new insights, create more efficient products/services, and streamline their work forces. The IoT movement and the increased connectivity of devices at home, work and in public will dramatically reshape the the products, services and work people do to earn a living.
Automation + Robotics
Automation + Robotics take the form of digital and physical replacements of workers. In many cases, automation software is being developed and deployed to automate task based jobs in the white and blue collar divisions of companies. Similar software is being developed to work in conjunction with machinery processes and robotics to interact with the physical world.