• Industry 1.0: 1st Industrial Revolution in 1800s
• Water and steam powered machines, mechanization of textile plants, steamships, steam railway etc • Industry 2.0: 2nd Industrial Revolution at Beginning of 20th Century • Electricity ,oil industry, steel industry, mass production, just in time, lean manufacturing systems etc development of management programs • Industry 3.0: 3rd Industrial Revolution during last decades of 20th century Invention and manufacturing of Electronic devices to fully automate individual machines, nuclear power, CAD/CAM SYSTEMS,CIM systems, Integrated systems, supply chain management • Industry 4.0 • 4th Industrial Revolution in Beginning of 21st century Internet of things, cyber physical systems, additive manufacturing, robotics, artificial intelligence TECHNOLOGY SUPPORTING INDUSTRY 4.0 Summary of The Second Machine Age • How we can work together, progress and prosper in a time of brilliant Technology • Digital technology, Inforamtion Technology, computer technology, New Business Models, New Policy to amplify Human capibilities • Self driving Cars, Next-gen Robots, 3 Printing, UAVs, delivering e-commerce orders, medicines to remote health clinics, internet connectivity in remote areas, • Video of small drones playing music band to building rope bridge without human intervention • Artificial Intelligence, Enhanced deep neural networks reinforcement learning • AI being applied in Internet search, online advertising, fraud detection, e-commerce, cameras etc, genomic sequencing • China has the biggest market for Industrial robots science fiction are becoming reality • Issues of Industry 4.0 job and wage challenge but these are also affected by globalization and demographics • Digital Improvement in Robotics • Building machines that can navigate through and interact with physical world of factories, warehouses, battlefields and offices 3 famous laws of robotics • 1. robot may not injure a human being or through inaction allow a human being to come to harm • 2. robot must obey orders given to it by human being except when such orders would conflict with the first law • 3. a robot may protect its own existence as long as such protection does not conflict with the first or second law • Digitization of just about everything- documents, news, music, photos, video, maps, personal updates etc • Innovation declining or recombining • Productivity isn’t everything but in the long run it is almost everything • Innovation is how this productivity growth happens • General purpose technologies • AI and human intelligence in the second machine age • Our mental capacity to calculate and combine is reinforced and multiplied by thinking machines • Beyond GDP • Recommendation to Individuals: learning to race with machines • Policy recommendation • Technology and the future • Science Fiction Movies Terminator Matrix