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Fourth Industrial Revolution Essay

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The Fourth Industrial Revolution Soon, robots will be everywhere.They will be at your school, at your home, at the store, but not at work because they have taken your job. Nearly fifteen years after the Third Industrial Revolution, America is anxiously awaiting the upcoming Technological Revolution (properly known as The Fourth Industrial Revolution).They are fearful of such an advancement in technology, unlike the Chinese who have embraced such improvements with open arms. The Revolution raises many concerns over job loss, security flaws, and unequally distributed power within the government. Jeremy Chew, author of “Don’t Worry, Technology Won’t Take Your Job”, reassures his audience by stating “Technological advances have always caused upheavals. …show more content…

As large companies gain the power to mimic human data science, they will have the capabilities to develop code, predict future decisions, and individualize experiences for each consumer. Companies will also have the capability to computer scan automatically and generate codes based on each client’s need. Amazon Go is a prime example of advanced computer scanning and machine-learning. The cashier-less store uses computer vision, deep learning algorithms, and sensor fusion to quickly scan and apply the correct charge to each customer’s cart, even withdrawing a charge if you put an item back. Amazon calls it “Just Walk Out Technology” (Amazon). Their use of this technology has been predicted to increase Amazon’s profits by about 24%. It is convenient, simple, and you can just walk in and walk out. This kind of technology use has the ability to increase the profit and sales for companies big and small. AI and IoE also have the capabilities to predict stock and calculate profit margins accurately, allowing better efficiency for companies manage their stock, and spend accordingly with their budget. With AI and IoE, anything is

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