The Fourth Industrial Revolution Malaysia

For the past few months we here at myforesight and might was invited to provide inputs and insights as well as be part of the.

The fourth industrial revolution malaysia. We all understand that the world is now riding on the waves of the fourth industrial revolution fuelled by digital technology. 4th industrial revolution. Malaysia s population 35 million by 2030. Presently we can already see changing business models and employment trends.

It is also likely to change the things we value and the way we value them in the future. The 4 th industrial revolution will dramatically change the way we relate to one another live work and educate our children. Like the first industrial revolution s steam powered factories the second industrial revolution s application of science to mass production and manufacturing and the third industrial revolution s start into digitization the fourth industrial revolution s technologies such as artificial intelligence genome editing augmented reality robotics and 3 d printing are rapidly changing the way humans create exchange and distribute value. This presentation by might to miti is under a creative commons attribution 4 0 license.

The fourth industrial revolution 4ir is expected to change how we live work and communicate. These shifts are enabled by smart technologies including artificial. Large scale machine to machine communication m2m and the internet of things iot are integrated for increased automation improved communication and self monitoring and production of smart machines that can analyze and diagnose. We stand on the brink of a technological revolution that will fundamentally alter the way we live work and relate to one another.

The fourth industrial revolution describes the exponential changes to the way we live work and relate to one another due to the adoption of cyber physical systems the internet of things and the. The movement and transformation to the digital era is happening now and it s happening so quickly. The fourth industrial revolution or industry 4 0 is the ongoing automation of traditional manufacturing and industrial practices using modern smart technology.