THE IMPACT OF FOURTH INDUSTRIAL REVOLUTION ON US Kazi Md Miraj Hossain ACS
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Technologies are emerging and effecting our lives. Artificial Intelligence, robots, genomics, virtual reality, and many other new technologies are running the Fourth Industrial Revolution (4IR), sculpting and reshaping the way we work and live. Scope of 4IR The Fourth Industrial Revolution (4IR) demonstrate a progression of social, political and financial upswing that will unfurl over the 21st century. First Industrial Revolution was steam-fueled processing plants, the Second Industrial Revolution's use of science to large scale manufacturing and producing, and the Third Industrial Revolution's begin digitization, the 4IR's innovations, for example, man-made reasoning, genome altering, increased reality, apply autonomy, and 3-D printing, are quickly changing the manner in which people make, trade, and convey esteem. As happened in the past unrests, this will significantly change establishments, enterprises, and people. Henceforth, this transformation will be guided by the decisions that individuals make today. In coming 10 to 15 years the world will owe a ton of its character to how we consider, put resources into, and send these incredible new advancements. It is vital to appreciate that the 4IR involves a systemic change across many sectors and aspects of human life. The crosscutting impacts of emerging technologies are even more important than the exciting capabilities they represent. Perhaps the most meaningful and underappreciated change from the industrial revolution will be that you will likely live much longer and spend most of that time more active and healthier than previous generations. From genomics, lab grown organs, and smart cities life expectancy is expected to continue increasing, and very possibly exponentially. This is critical not only for retirement planning but also finding purpose and deciding what to do with your life.
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Effect of Automation and artificial intelligence (AI): Automation and artificial intelligence (AI) are change agents in 4IR that will make certain groups of employees redundant, replacing them with new workers with the needed skills or with machines that do the job cheaper. With technological advances, jobs with these three qualities are most likely to be automated: repetitive in nature, centered on rules and limited involvement. Consequence of 4IR on society 4IR has the potential to raise global income levels and improve the quality of life for populations around the world. Those who have gained the most from it have been consumers able to afford and access the digital world; technology has made possible through new products and services that increase the efficiency and pleasure of our personal lives. Ordering a cab, booking a flight, buying a product, making a payment, listening to music, watching a film, or playing a game any of these can now be done remotely. The 4IR, will change not only what we do but also who we are. It will affect our identity and all the issues related with it. Our sense of privacy, our notions of ownership, our consumption patterns, the time we devote to work and leisure, and how we develop our careers, cultivate our skills, meet people, and nurture relationships. It is already changing our health and leading to a “quantified” self, and sooner than we think it may lead to human augmentation. I wonder whether the relentless combination of innovation in our lives could decrease a portion of our typical human limits, for example, empathy and collaboration. Our association with our cell phones is a valid example. Consistent association may deny us of one of life's most significant resources: an opportunity to delay, reflect, and take part in important discussion. One of the best individual difficulties presented by new data advancements is security. We intuitively
