scholarly journals The fourth industrial revolution: How the EU can lead it

European View ◽  
2018 ◽  
Vol 17 (1) ◽  
pp. 5-12 ◽  
Author(s):  
Matthias Schäfer
Keyword(s):  
Artificial Intelligence ◽  
Industrial Revolution ◽  
New Technologies ◽  
Human Beings ◽  
Wealth Creation ◽  
Fourth Industrial Revolution ◽  
Technological Impact ◽  
Common Policies ◽  
The Eu

The fourth industrial revolution is different from the previous three. This is because machines and artificial intelligence play a significant role in enhancing productivity and wealth creation, which directly changes and challenges the role of human beings. The fourth industrial revolution will also intensify globalisation. Therefore, technology will become much more significant, because regions and societies that cope positively with the technological impact of the fourth industrial revolution will have a better economic and social future. This article argues that the EU can play an important role in developing an environment appropriate for the fourth industrial revolution, an environment that is vibrant and open to new technologies. Member states would profit from an EU-wide coordinated framework for this area. The EU has to establish new common policies for the market-oriented diffusion and widespread use of new technologies.

THE FOURTH INDUSTRIAL REVOLUTION: HOW THE EU CAN LEAD IT

2018 ◽  
Author(s):  
Matthias Schäfer
Keyword(s):  
Artificial Intelligence ◽  
Industrial Revolution ◽  
New Technologies ◽  
Human Beings ◽  
Wealth Creation ◽  
Fourth Industrial Revolution ◽  
Technological Impact ◽  
Common Policies ◽  
The Eu

The fourth industrial revolution is different from the previous three. This is because machines and artificial intelligence play a significant role in enhancing productivity and wealth creation, which directly changes and challenges the role of human beings. The fourth industrial revolution will also intensify globalisation. Therefore, technology will become much more significant, because regions and societies that cope positively with the technological impact of the fourth industrial revolution will have a better economic and social future. This article argues that the EU can play an important role in developing an environment appropriate for the fourth industrial revolution, an environment that is vibrant and open to new technologies. Member states would profit from an EU-wide coordinated framework for this area. The EU has to establish new common policies for the market-oriented diffusion and widespread use of new technologies.

Emerging Industrial Revolution: Symbiosis of Industry 4.0 and Circular Economy: The Role of Universities

2020 ◽  
Vol 25 (3) ◽  
pp. 505-525 ◽  
Author(s):  
Seeram Ramakrishna ◽  
Alfred Ngowi ◽  
Henk De Jager ◽  
Bankole O. Awuzie
Keyword(s):  
Economic Growth ◽  
Circular Economy ◽  
Industry 4.0 ◽  
Business Models ◽  
Industrial Revolution ◽  
New Technologies ◽  
Production Systems ◽  
Fourth Industrial Revolution ◽  
New Jobs

Growing consumerism and population worldwide raises concerns about society’s sustainability aspirations. This has led to calls for concerted efforts to shift from the linear economy to a circular economy (CE), which are gaining momentum globally. CE approaches lead to a zero-waste scenario of economic growth and sustainable development. These approaches are based on semi-scientific and empirical concepts with technologies enabling 3Rs (reduce, reuse, recycle) and 6Rs (reuse, recycle, redesign, remanufacture, reduce, recover). Studies estimate that the transition to a CE would save the world in excess of a trillion dollars annually while creating new jobs, business opportunities and economic growth. The emerging industrial revolution will enhance the symbiotic pursuit of new technologies and CE to transform extant production systems and business models for sustainability. This article examines the trends, availability and readiness of fourth industrial revolution (4IR or industry 4.0) technologies (for example, Internet of Things [IoT], artificial intelligence [AI] and nanotechnology) to support and promote CE transitions within the higher education institutional context. Furthermore, it elucidates the role of universities as living laboratories for experimenting the utility of industry 4.0 technologies in driving the shift towards CE futures. The article concludes that universities should play a pivotal role in engendering CE transitions.

scholarly journals ARTIFICIAL INTELLIGENCE: NEW CHALLENGES AND PROSPECTS

2020 ◽  
Vol 8 (5) ◽  
pp. 42-48
Author(s):  
Yulia Matyuk
Keyword(s):  
Artificial Intelligence ◽  
Industrial Revolution ◽  
New Technologies ◽  
Rapid Development ◽  
Modern Society ◽  
Fourth Industrial Revolution ◽  
New Challenges ◽  
And Robotics

The article analyzes the risks and new opportunities that arise before man and modern society in the light of the development of artificial intelligence and robotics in the conditions of the fourth industrial revolution. The rapid development of AI indicates the absence of uniform approaches to assessing the risks and prospects associated with the use of AI. Using PESTEL analysis, the article examines the key areas of interaction between AI and humans, new challenges and prospects that open to humanity in the era of new technologies.

scholarly journals Artificial Intelligence – Challenges and Chances for Europe

2020 ◽  
pp. 1-17
Author(s):  
Joseph Straus
Keyword(s):  
Artificial Intelligence ◽  
Industrial Revolution ◽  
Social Issues ◽  
Building Blocks ◽  
Economic Environment ◽  
Public Attention ◽  
Global Context ◽  
Fourth Industrial Revolution ◽  
The Eu

As one of the building blocks of the fourth industrial revolution, artificial intelligence has attracted much public attention and sparked protracted discussions about its impact on future technological, economic and social developments. This contribution conveys insights into artificial intelligence’s basic methods and tools, its main achievements, its economic environment and the surrounding ethical and social issues. Based on the announced and taken measures of the EU organs in the area of artificial intelligence, the contribution analyses the position of Europe in the global context.

IMPACT OF THE FOURTH INDUSTRIAL REVOLUTION

2018 ◽  
Author(s):  
Swikriti Sheela Nath
Keyword(s):  
Artificial Intelligence ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Human Life ◽  
Industrie 4.0 ◽  
Consumption Patterns ◽  
Human Beings ◽  
Technological Revolution ◽  
Fourth Industrial Revolution ◽  
Healthcare It

The Fourth Industrial Revolution, finally, will change not only what we do but also who we are. It will affect our identity and all the issues associated with it: our sense of privacy, our notions of ownership, our consumption patterns, the time we devote to work and leisure, and how we developour careers, cultivate our skills, meet people, and nurture relationships. The technological revolution in the modern developing environment in which innovative technologies and trends such as the virtual reality (VR), Internet of Things (IoT), Artificial Intelligence (AI), Robotics are fundamentally altering the way of living, working and relationships to one another, is known as Fourth Industrial Revolution or Industry 4.0 or Industrie 4.0. The Fourth Industrial Revolution is reshaping every sphere of human life — from government to commerce; from education to healthcare. It is even impacting humanvalues, opportunities, relationships and identities by modifying virtual as well as physical worlds of human beings.

scholarly journals The role of the globalization process in the formation of the digital economy

KANT ◽  
2020 ◽  
Vol 37 (4) ◽  
pp. 77-81
Author(s):  
Boris Doronin ◽  
Irina Glotova ◽  
Elena Tomilina
Keyword(s):  
Artificial Intelligence ◽  
Industrial Revolution ◽  
Information Flows ◽  
Global Level ◽  
Financial Flows ◽  
Digital Platforms ◽  
Fourth Industrial Revolution ◽  
Economic Ties ◽  
Global Data

The article highlights and analyzes the preconditions and main aspects of the formation of digital globalization, including the achievements of the fourth industrial revolution, artificial intelligence technologies, global data and information flows, digital platforms and e-commerce. While financial flows and traditional trade in goods at the global level are declining due to the worldwide COVID-19 pandemic, global digital economic ties, on the contrary, are expanding significantly.

New Challenges for Education in the Forthcoming Era of the Fourth Industrial Revolution

2020 ◽  
pp. 98-117
Author(s):  
Michael Voskoglou
Keyword(s):  
Artificial Intelligence ◽  
Formal Education ◽  
Industrial Revolution ◽  
Technological Development ◽  
Human Society ◽  
Current Form ◽  
Fourth Industrial Revolution ◽  
Future Education

The rapid industrial and technological development of the last years has transformed the human society to its current form of knowledge and globalization. As a result, the formal education is nowadays faced with the big challenge of preparing students for a new way of life in the forthcoming fourth industrial revolution. This new revolution could be characterized as the era of the internet of things and energy and of the cyber-physical systems. The present chapter focuses on the role that computers and artificial intelligence could play in future education and the risks hiding behind this perspective. It is concluded that it is rather impossible that computers and the other “clever” machines of artificial intelligence will reach to the point of replacing teachers for educating students in future, because all these devices have been created and programmed by humans and therefore it is logical to accept that they will never succeed to reach the quality of human reasoning. However, it is certain that the role of the teacher will be dramatically changed in the future classrooms.

Workplace Reflection in the Age of AI: Materiality, Technology, and Machines

2020 ◽  
Vol 22 (3) ◽  
pp. 308-319 ◽  
Author(s):  
Lyle Yorks ◽  
Denise Rotatori ◽  
SeoYoon Sung ◽  
Sean Justice
Keyword(s):  
Artificial Intelligence ◽  
Reflective Practice ◽  
Human Resource Development ◽  
Industrial Revolution ◽  
Health Care Industry ◽  
Structured Interview ◽  
Care Industry ◽  
Fourth Industrial Revolution ◽  
Using Data

The Problem This article explores the nature of reflection within the workplace during the fourth industrial revolution (4IR), a period characterized by the proliferation of cognitive technologies—like artificial intelligence (AI)—which are changing the nature of work. This piece explores the manner in which individuals and teams learn through reflective practice as a result of increased human–machine collaboration in the 4IR since it has not been extensively researched. The Solution Through an analysis of Anand Rao’s three-tiered model of AI— assisted intelligence, augmented intelligence, and autonomous intelligence—and by using data collected through a semi-structured interview process that situated the article within a particular sector of the economy—the health care industry—this article provides a framework for understanding the workplace, and human-machine collaboration, during the 4IR. The Stakeholders Human resource development practitioners and researchers interested in the role of cognitive technologies within the workplace and their impact on human reflection.

scholarly journals Technological Revolutions and the Political Economy of Time

2020 ◽  
pp. 224-242
Keyword(s):  
Industrial Revolution ◽  
Economic Resources ◽  
The Political ◽  
Human Beings ◽  
Technological Changes ◽  
Fourth Industrial Revolution ◽  
Exponential Character ◽  
Different Dimensions ◽  
Political Economic

The paper investigates the role of time as one of the most precious politico-economic resources. It shows that the compression of time during every successive industrial revolution brings contradictions that change the logic of the politico-economic system. To prove this thesis historical and political-economic approaches are used. The historical approach shows the correlation between the development of technologies, time and society. The politico-economic approach emphasizes on the different dimensions of this change, trying to answer the question about the transformation of the role of time in contemporary economy and politics. One of the main contributions is that time is correlated with the different technological revolutions. Thus, I first examine the correlation between time and technological changes during different technological stages. Then the exponential character of the technologies of the Fourth Industrial Revolution is shown, as well as the transformation they bring to politics, economics, society, science, human beings and so on. I finish with the necessary transformation of the state as a result of the technological revolutions and particularly as a result of the ongoing Fourth Industrial Revolution, and in the conclusion I provide some possible answers to the contradictions brought about by exponential technological changes.

Emerging Auditing Perspectives in the Age of the Fourth Industrial Revolution

2021 ◽  
pp. 999-1014
Author(s):  
Mahmut Sami Ozturk
Keyword(s):  
Artificial Intelligence ◽  
Big Data ◽  
Internet Of Things ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Methodological Approach ◽  
The Internet ◽  
Fourth Industrial Revolution ◽  
The Internet Of Things

The purpose of this chapter is to investigate the role of audit activities and auditors in Industry 4.0. The preferred methodological approach in the study is a general analysis of auditing in Industry 4.0 in the form of a literature review. According to the purpose of the study, the effect and role of auditing big data, the internet of things, the cloud, artificial intelligence, and other components in Industry 4.0 are investigated. Furthermore, auditing activities that can be implemented in Industry 4.0 are presented as suggestions in the study. The study explains the role of auditing as a whole in Industry 4.0 as a consequence of examining audit activities for each component in Industry 4.0.

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