Technology is advancing at such a rapid pace that in 2020, about 5 million jobs will be replaced by automated machines. Self-driving cars will gradually change the way we travel, and artificial intelligence (AI) will soon make decisions for us. We are on the verge of the Fourth Industrial Revolution, an age that will require a new set of skills for the workforce of tomorrow.
Before we go deeper into what the fourth industrial revolution means and how it will affect the future workplace, here’s a quick overview into the previous industrial revolutions.
ThoughtCo. describes the term “industrial revolution” as a period of massive technological and socio-cultural change, similar to the time when our ancestors switched roles from hunter-gatherers to farmers.
Humanity has had quite a few industrial revolutions over the course of history. Here’s a quick overview:
These industrial revolutions have one thing in common: they are all disruptive—turning the tables of the prevailing industries during the periods before them. We’re currently witnessing the climax of the third industrial revolution and transitioning to a revolution that is more technological than industrial.