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What Is the Fourth Industrial Revolution?

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    What Is the Fourth Industrial Revolution?

    The Fourth Industrial Revolution, a.k.a. Industry 4.0 or 4IR, refers to the ongoing inclusive and human-centric transformation of traditional industries by integrating modern technologies. This concept was popularized by Klaus Schwab, founder and executive chairman of the World Economic Forum, in 2016. According to Schwab, “The Fourth Industrial Revolution is characterized by a range of ...

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