Hacker Noon December 12, 2019
James Giancotti

From bespoke conveyor systems that enabled Henry Ford to build the first automobiles to the steam power that powered trains for trade, the first two industrial revolutions sparked a new era of prosperity and economic progress for humankind. More recently, the third revolution ushered in a new era of globalization with instantaneous communication, trade, and commerce over the Internet.

Today, many believe the world is on the brink of yet another industrial revolution. Professor Klaus Schwab, the founder of the World Economic Forum, describes the Fourth Industrial Revolution as the amalgamation of physical, biological, and digital systems through cutting edge technologies such as artificial intelligence, robotics, genetic engineering, and more.

Given that such a major paradigm shift does not happen...

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