What is the Fourth Industrial Revolution? | CNBC Explains

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The “Fourth Industrial Revolution” is a common phrase at the World Economic Forum’s annual meeting in Davos, Switzerland. But what exactly does it mean? CNBC’s Elizabeth Schulze explains.

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*The 4th Industrial Revolution is building on top of the computer & internet age by advancing connectivity and AI. Klaus Schwab coined this term at the 2016 World Economic Forum in Davos. This revolution will merge our physical, digital, and biological worlds together.*

1:00 *The 1st Industrial Revolution* _began in Great Britain in 1760 and spread to rest of Europe and US. It was powered by steam._

1:18 *The 2nd Industrial Revolution* _began around 1870 and focused on mass production. Things like steel, oil, electricity, telephone, and gas engine were developed._

1:31 *The 3rd Industrial Revolution* _The computer / digital revolution was when semiconductors, PCs, and the internet were ushered in._

1:43 *What separates the 4th IR from the 3rd IR?* _What’s different is that the technology is merging with our lives and happening far faster than ever before. It took 75 years for 100 million people to adopt the telephone while it took Instagram 2 years, and Pokemon Go only 1 month. The 4th IR will turn every company into a tech company that collects data._

3:02 *Society is struggling to keep up with the changes.* _There’s a high risk that the 4th IR will make income inequality worse by becoming a “winner takes all” economy. For example, billionaires drove 80% of the 40 breakthrough innovations in the last 40 years._

structuredthemes
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I'm not sure what to say. I love the technical advances, but I was a kid and teenager in the 60s and 70s, and I had a LOT of fun.

truhunk
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The longer I stay alive the more I don't want to be alive this world is crazy af👌

luvajenoel
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I like being human thank you. You're all mad scientist

gregoryian
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6th industrial revolution
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Robots and AI machines are discussing the topic..

maheshthorat
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I prefer todays thank you, i don't wanna be enslaved

muhammadfadhiil
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become competent in this subject in order to avoid the worst... you cannot fight an enemy you do not recognise.

beckylieb
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THESE “PEOPLE” (demons) ARE SO DISCONNECTED FROM REALITY THAT THEY ACTUALLY BELIEVE PEOPLE WILL FALL FOR THIS

gabe
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"High-skilled workers are rewarded with high pay" **shows a bunch of 3D artists working for peanuts**

ArdinVincent
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"We are the Borg, your biological and technological distinctiveness will be added to our own. Your culture will adapt to service us. Resistance is futile." In the future we will become Borg, if we last that long.

Cyberpunk 2077 was a prophesy of what our world will most likely become where corporations own and control everything and we own nothing.

ravenhenderson
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1st: Steam engine
2nd: Mass production, electricity, petrol engine
3rd: Digital era i.e computers, the internet, basically electronics
4th: Internet of things, AI, connectivity.

novantembo
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"Sarif was right about one thing. It's in our nature to want to rise above our limits. Think about it. We were cold, so we harnessed fire. We were weak, so we invented tools. Every time we met an obstacle, we used creativity and ingenuity to overcome it. The cycle is inevitable."
— Adam Jensen

JesusChristDenton_
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It means the destruction of humanity and the world as we know it

Sharper
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W.E.F. comment section was closed for the explanation video. That is all i needed to know.

earthculture
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We are destroying are childrens futures. Selfish fools.

pablo
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Stay away or become even more enslaved.

dConceptdk
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"so what separates the 4th industrial revolution from the 3rd?"

1 – Maintain humanity under 500, 000, 000 in perpetual balance with nature.

2 – Guide reproduction wisely – improving fitness and diversity.

3 – Unite humanity with a living new language.

4 – Rule passion – faith – tradition – and all things with tempered reason.

5 – Protect people and nations with fair laws and just courts.

6 – Let all nations rule internally resolving external disputes in a world court.

7 – Avoid petty laws and useless officials.

8 – Balance personal rights with social duties.

9 – Prize truth – beauty – love – seeking harmony with the infinite.

10 – Be not a cancer on the earth – Leave room for nature.

ailfawka
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1 year after this video was published in 2020, it feels eerie to witness how COVID-19 will certainly accelerate digitisation and this entire trajectory towards the so called 4th industrial revolution...

HH-wole
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Now it's happening. Palpatine (Klaus) is behind it all!

abrahamicreligionsbowbefor
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I really wonder the gap that is happening in this crazy world 🌎, some countries are struggling to get into the second industrial revolution, and the rest of developed countries are warming up before entering the 4th revolution, and the problem doesn't stop here, the lowest skilled workers are more likely to get poor because the surge of AI and Robots, they will be left behind

kedrilucky