There have been, according to Rifkin, at least seven major economic paradigm shifts in history, and they all share a common denominator–at a moment in time, three defining technologies emerge and then converge to create an infrastructure that fundamentally changes…
The first three industrial revolutions were mechanization, electrification, and computerization. The fourth is the vast and increasing interconnectedness of everything.It involves the Internet of Things and the rise of cyber-physical systems. read more in digitalist The Fourth Industrial Revolution Is Here…
The First Industrial Revolution used water and steam power to mechanize production. The Second used electric power to create mass production. The Third used electronics and information technology to automate production. Now a Fourth Industrial Revolution…. learn more in agenda…
