The Fourth Industrial Revolution | RCM School of Excellence Digital College

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The Fourth Industrial Revolution

The Fourth Industrial Revolution

Klaus Schwab, a professor who founded the World Economic Forum, gave birth to the phrase “the fourth industrial revolution”.

The fourth industrial revolution is upon us and we need to ensure that we are ready for the change that is coming.

What is the fourth industrial revolution?

The fourth industrial revolution encourages technology-driven change. The fourth industrial revolution is characterized by new technologies that are combining physical, digital and biological worlds. It focuses on augmented reality, machine learning, artificial intelligence, 3D printing and robotics.

Companies in various industries such as retail or food for example are all moving digital; turning most businesses into tech companies.

It is important to note that the fourth industrial revolution is not a prediction of the future but rather a call-to-action for businesses, governments, industries etc to embrace the change and actively participate in innovation and technological improvements.

How do we avoid a world of joblessness, low productivity and equality? We can address the problems of the past by ensuring that the fourth industrial revolution really does improve the state of the world. How can we accomplish this? By gaining the digital skills that are needed to contribute to change and innovation.

What is the difference between the third and fourth industrial revolution?

The main difference between the two revolutions is that the fourth industrial revolution is the focus of technology emerging with human’s lives. The third industrial revolution, also known as the digital revolution, focused on electronic systems, IT systems and automation whereas when we talk about the fourth industrial revolution we are referring to cyber physical systems.

In conclusion.

Studies show that by the year 2020, ninety percent of job roles will require digital skills no matter what industry you are working in. What’s more? We already have a shortage of forty five million skilled IT workers which in itself addresses unemployment rates through upskilling and upliftment.

Learn the skills that are needed to make the fourth industrial revolution a success. Sign up for a course to learn digital skills in order to thrive within the changing technological environment that we are currently finding ourselves in. The RCM School of Excellence offers a variety of courses in the digital space with both theory and practical elements of learning involved.