The phrase "fourth industrial revolution" has become ubiquitous. It's meant to denote a huge shift in the socioeconomic fabric of society, driven by the availability of increasingly intelligent machines. These will be able to do things we can't do as well as take care of things we can do. Jobs will be lost. And new jobs will be created.
The fourth industrial revolution idea owes much of its credibility to a book by engineer, economist and World Economic Forum founder Klaus Schwab. He argues that an interconnected world, a cheapening of computer power and storage, developments in artificial intelligence, and advances in areas of biology will have revolutionary effects on our world.
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