scholarly journals DYNAMICS OF EMPLOYMENT IN THE PROCESS OF IMPLEMENTING THE FOURTH INDUSTRIAL REVOLUTION

Author(s):  
T. Kuzmitskaya

The article is devoted to the study of the influence of the fourth industrial revolution on the dynamics of employment. The study found that the main factors influencing the development of business and employment dynamics in the coming years will be such technological advances as widespread mobile high-speed Internet, artificial intelligence, the widespread use of large amounts of analytical data and cloud technologies. As a result, the ratio of the volume of operations performed by man and machines and algorithms will change. Employees whose functions will be automated will require retraining in the form of full retraining or additional training. To mitigate the socio-economic consequences of changes in employment, a set of measures is needed to encourage and support re-qualified workers, as well as to increase access to education.

Author(s):  
Adeshina Olushola Adeniyi ◽  
Idris Olayiwola Ganiyu

Since the coinage of the Fourth Industrial Revolution (4IR), there has been plethora of studies on the concept. The 4IR, otherwise referred to as Industry 4.0, is a nomenclature used by Klaus Schwab to describes the historical progression of technological advancement. The 4IR is principally the integration of the physical, digital, and industrial worlds. The testimonies of these advancements will result in self-driving cars, intelligent robots, autonomous drones, 3D printing, smart sensors, among several others. In fact, this is already a reality and is revolutionising our world. Given all these technological advances and unimaginable possibilities of the future, it is very sacrosanct to examine the role education will play in this era. What entrepreneurial skills will be required for the 4IR? How does entrepreneurial ecosystem position themselves to thrive in this era? This chapter explores those skills needed in the 4IR.


2020 ◽  
Vol 10 (7) ◽  
pp. 180 ◽  
Author(s):  
David Mhlanga ◽  
Tankiso Moloi

The study sought to assess the influence of the COVID-19 pandemic in motivating digital transformation in the education sector in South Africa. The study was premised on the fact that learning in South Africa and the rest of the world came to a standstill due to the lockdown necessitated by COVID-19. To assess the impact, the study tracked the rate at which the Fourth Industrial Revolution (4IR) tools were used by various institutions during the COVID-19 lockdown. Data were obtained from secondary sources. The findings are that, in South Africa, during the lockdown, a variety of 4IR tools were unleashed from primary education to higher and tertiary education where educational activities switched to remote (online) learning. These observations reflect that South Africa generally has some pockets of excellence to drive the education sector into the 4IR, which has the potential to increase access. Access to education, particularly at a higher education level, has always been a challenge due to a limited number of spaces available. Much as this pandemic has brought with it massive human suffering across the globe, it has presented an opportunity to assess successes and failures of deployed technologies, costs associated with them, and scaling these technologies to improve access.


Author(s):  
Jasmin Cowin

The convergence of data, computation, and globalization in education has far-reaching consequences for educational stakeholders, institutions, and learners. Terms such as the Fourth Industrial Revolution, artificial intelligence (AI), exponential technology, deep learning, personalized competency-based learning, and distributed ledger technology networks (DLTNs) are indicators of the changing dialogue between education stakeholders, businesses, and government aspirations on a global scale. Location-independent virtual environments promise an exponential expansion that goes beyond brick-and-mortar schools, colleges, and universities. AI and intelligent systems are poised to become global change agents in education, ushering in profound changes in administrative functions, strategic planning, data aggregation, student acquisition and retention, and alternative currencies, as well as curriculum design, assessment, personal learning networks, and global competitiveness generally of both institutions and their graduates. The quality of the education a nation's schools, educational institutions, and teachers provide, along with investments in science, technology engineering, and mathematics education, directly impact economic prosperity and global competitiveness. This paper explores some of the interdependencies that arise from supercharged technological advances such as AI augmented reality digital technologies (ARDTs) and DLTNs and their possible impact on education, educators, learners, and society. In addition, it unbundles the meaning and use cases of AI, ARDTs, and DLTNs in education.


Industrial development is an imperious for Africa to meet the objectives of African Union Agenda 2063 within a global economy constrained by climate change and driven by competitive supply chains and complex supply and demand dynamics so go to fourth industrial revolution is mandatory. The Fourth Industrial Revolution (4IR)characterized by the fusion of the digital, biological, and physical worlds, as well as the growing utilization of new technologies such as artificial intelligence, cloud computing, robotics, 3D printing, the Internet of Things, and advanced wireless technologies, among others has ushered in a new era of economic disruption with uncertain socio-economic consequences for Africa. Green industrial revolution in Africa could help to realize green internet of thing application. Targeted green industrial policies and investment in green industries can operationalize the structural change necessary for economic recovery, competitiveness, and new jobs in the content of Africa. The combination of an exploding population and rapid industrialization is putting enormous pressure on the earth’s resources. So a growing awareness among enterprises that going green taking measures to reduce a company’s carbon footprint, conserve resources, and protect the environment has an enormous side benefit. The necessities for environmentally supportable modes of production and a more efficient use of possessions i.e. Green Industry, is becoming increasingly evident. This is especially in the developing world like Africa. Energy awareness is a great way to achieve green IoT. When we make the users aware of their energy usage and current energy need, it will create appositive thinking toward saving energy. Due to that Awareness-Based approach is selected for the study because of making changes in people’s attitude and behavior is not easily possible. It is highly subjective as well as key determinant factor for efficient energy usage


Studia BAS ◽  
2020 ◽  
Vol 3 (63) ◽  
pp. 25-41
Author(s):  
Marek Ratajczak ◽  
Beata Woźniak-Jęchorek

The main aim of this article is to present industrial revolutions and their socio-economic consequences for the development of economics as a science. Special attention is given to showing the main characteristics of each revolution and presenting major changes in economic theories. The authors argue that the full picture of all shifts in economics, society and lives of individuals can be only visible from a long-term perspective. Therefore, it is difficult to determine the stage and the consequences of the current fourth industrial revolution for socio-economic development and evolution of economic theories.


2019 ◽  
Vol 10 (2) ◽  
pp. 135-140
Author(s):  
João Ostrowski ◽  
József Menyhárt

Constant stream of data has been generated and stored as more devices are being connected to the internet and supported with cloud technologies. The price drop of such applications along with industry 4.0 trending, triggered an explosive growth and demand for many IT modern solutions. From an industrial point of view, sensorization practices are spreading through factories and warehouses where software is constantly adapting to provide actionable insights in a data-driven configuration. The fourth industrial revolution is empowering the manufacturers with solutions for cost reduction, which translates in competitive advantage. The sector of maintenance operations is leading in engineering innovation, from reactive to planned preventive techniques the next step in history of proactive approaches is Predictive Analytics Maintenance.


Author(s):  
Tu Thuy Anh ◽  
Vu Thi Phuong Mai

The fourth industrial revolution will strongly impact production, shifting the world economy to “smart” knowledge economy. Scientific and technological advances are applied to optimize production process, distribution, exchange, consumption, management, and administration. It is a real challenge for developing countries of which Vietnam is not an exception. This paper seeks to describe the current situation of the usage of information technology (IT) of Vietnamese enterprises from 2001 to 2011 as IT and information and communication technology (ICT) are core factors under the 4th IR. From this analysis, a policy discussion is withdrawn.  Keywords Fourth industry revolution, IT applications, Vietnamese firms References


Electronics ◽  
2021 ◽  
Vol 10 (21) ◽  
pp. 2658
Author(s):  
In Lee

A service robot performs various professional services and domestic/personal services useful for organizations and humans in many application domains. Currently, the service robot industry is growing rapidly along with the technological advances of the Fourth Industrial Revolution. In light of the great interest and potential of service robots, this study conducts a systematic review of the past and current research in service robots. This study examines the development activities for service robots across applications and industries and categorizes the service robots into four types The categorization provides us with insights into the unique research activities and practices in each category of service robots. Then, this study analyzes the technological foundation that applies to all four categories of service robots. Finally, this study discusses opportunities and challenges that are understudied but potentially important for the future research of service robots.


2019 ◽  
Vol 10 (1) ◽  
pp. 31-42
Author(s):  
Alana Vitória Rodrigues Barreto ◽  
Antônio Wilson dos Santos ◽  
Antoniel Dos Santos Gomes Filho

New technologies are increasingly appearing to assist people in all areas. In the footwear industry it would not be different, where the industry 4.0 or fourth industrial revolution characterizes the current moment. This research examined how the managers of some sandal factories in the Cariri Region are realizing the changes and technological advances of industry 4.0 as a source of competitive advantage. A field research of a basic nature, with a qualitative and descriptive approach, where interviews were applied with the managers of sandal factories in the Region of Cariri, chosen for convenience and judgment of the researcher. The study is relevant due to the existence of great changes that have been taking place within the companies along with new technologies that are emerging, but it is not known how managers receive these changes and use them to benefit the company and in the search for a differential for competitive advantage in the market. At the end of the research it was possible to conclude that from the reality of each manager and company the way they receive and use the technologies of the fourth industrial revolution changes, and the lack of knowledge, structure, and money in the smaller companies makes the potential use competitive advantage is not so much taken advantage of.


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