The Fourth Industrial Revolution: Video - A Reaction Paper
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This reaction paper discusses the Fourth Industrial Revolution, its impact on society and individuals, opportunities and challenges, and the necessary critical and creative thinking skills. It also explores how the revolution will impact the UAE society and individuals' work. Course code: GED 203
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Running Head: THE FOURTH INDUSTRIAL REVOLUTION: VIDEO1 The Fourth Industrial Revolution: Video A REACTION PAPER Submitted by: (Name of Student) (ID Number) GED 203 Critical Thinking Techniques Spring2017 -2018
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THE FOURTH INDUSTRIAL REVOLUTION: VIDEO2 Description of the Fourth Industrial Revolution from the presentation From the ideas presented in the video, it is clear that the revolution of Fourth Industrialization remains to be the fourth significant era of industrialization since the first revolution of industrial of the eighteenth century. The revolution is mostly characterized by the fusion of different technologies that stay to blur the lines amongst the digital, physical as well as biological sphere (The Fourth Industrial Revolution | Full Version (Subtitled), 2018). Besides, there is an aspect of emerging technology in the presentation. Emergent remains to be a breakthrough in different fields comprising of artificial intelligence, robotics, the block chain, advancement in computer usage, biotechnology, the technology of nano, printing using 3D, The Internet of Things, along with vehicles that are autonomous. Most people associated Fourth revolution of industrial with the second age of machine about the influences of digitalization as well as artificial intelligence on the economy concern, although other broader purpose for advances in technologies within the organic sector (Xuet al.,2018). Therefore, from the video clip, Fourth Industrial Revolution remains to be the disrupting for operations of most organizations around the global community. The revolution brought massive influence towards transforming entire systems used for governance, production, as well as management of different countries, operations, along with organizations (The Fourth Industrial Revolution | Full Version (Subtitled), 2018). Besides, the clip illustrates how advancement in technology during the Fourth Industrial Revolution have to lead to massive influence in connecting billions of individuals to the web resulting in improving the efficiency of the organization together with the organization (Kim, 2017). The revolution has helped in regenerating the natural surrounding through better management of the asset.
THE FOURTH INDUSTRIAL REVOLUTION: VIDEO3 Opportunities and challenges that lie beyond people as they approach the 4th Industrial Revolution There were several opportunities together with problems that came with the Fourth Industrial Revolution. It increases the efficiency of transport along with the infrastructure of logistics. It leads to a radical change of existing order in favor of the little advancement in the society (Abdin, 2017). Some opportunities include maximization of wealth through the continuous progress of growth of GDP, inclusive development, and improving the performance of the small,-medium organization. Other opportunities include connecting disconnected people, jumping into the advanced stage of progress, automation of agriculture, the transformation of technologies for agro-production, more access to healthcare, along with establishing the modern technology to forecast on natural calamities. The primary challenge remains to be the transformation of the industrial internet that needs management of the organization to develop skills to cope with the changes. The problems of the 4th industrial revolution comprise of loss of job opportunities, disruption by the lower learned individuals, inequality, political instability, end of low charges, low skilled labor based industrialization that result to artificial intelligence along with robotics technology (Xuet al., 2018). The other challenges include more marketplace access to the large international organizations through approaches of offering additional value to the clients, the vulnerability of countries of LCD to focus on fighting with crimes in cyber and digital security and other cyber attacks. Besides, the shift in technology led to substantial job losses by individuals that entirely dependent on the previous use of technology for any purpose.
THE FOURTH INDUSTRIAL REVOLUTION: VIDEO4 Critical thinking and creative thinking skills necessary as people approach the 4th Industrial Revolution Some of the skills required include creativity that becomes one of the top priorities that workers need to develop new products, new technologies, along with advanced approaches to working. Therefore, human need legal skills to be capable of thriving in the fourth generation of development of industrial (Yoon, 2017). Some of the essential abilities include flexibility of cognitive, ability to negotiate, the orientation of service, making ideal decisions and judgments, together with skills to manage people in an organization. Other skills necessary in the 4th Industrial revolution include critical thinking as well as sophisticated techniques for solving problems. Through creativity, employees can then become more creative to benefit from different changes that result through revolution (Tranos & Nijkamp, 2012). All these skills such as the skill of management of people and the solving problem can help people around the society to get where they need to be faster by creating the productive working environment. The Flexibility of cognitive is essential as people approach 4th Industrial Revolution since it helps in boosting career prospects of people during the advancements in technology (Abdin, 2017). The skill of orientation of service and making ideal decisions and judgments help people to recognize the value of creativity as well as the arts in meeting some of the various challenges they face as the 4th revolution for industrialization unfolds. How 4th Industrial Revolution will impact UAE society in general The 4th revolution on industrialization will have significant impacts on the community of the United Arabs Emirates in general. It will help in improving how business operations and government leaders in UAE provides insights into how they position their work concerning the
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THE FOURTH INDUSTRIAL REVOLUTION: VIDEO5 4th industrial revolution in different areas. It will also have the impact on social, technology advancements, the strategy of business operations, and improving talents of people (Does blockchain portend a “fourth industrial revolution”, 2017). Besides, it will affect UAE by leading to radical improvement in the process of manufacturing and other technologies. It will lead to the opportunity that allowed shifting of operations that entail the capacity of operators to adopt and integrate digital along with physical techniques that helped in improving services. The approach of Fourth Industrial Revolution will make the production of organizations in UAE to increase, grow, and develop innovations of conducting their businesses (Kim, 2017). Moreover, various opportunities that arise in UAE through the 4th revolution of industrialization will include the establishment of large extent of change along with the high need for investments by making the Industrial Internet essential for management of corporate. How 4th Industrial Revolution will impact individuals like their work The 4th Industrial Revolution will impact people by empowering them not just on the use of the machines, but also to be creative to ensure that they achieve their objectives in work. Cases of humanity have continued to embark on the duration of unparalleled advancement in technology. The 4th Industrial Revolution will then present significant challenges as well as opportunities for workers and companies alike (Kim, 2017). It will improve lives of people by developing different technological devices that can be applicable in completing various tasks within a short duration. However, the 4th Industrial Revolution will lead to cases of job losses as most companies will embrace the use of technological devices to increase their productivity around global marketplaces. Increased job losses will negatively affect people as they will lack the opportunity to showcase their ability of production making them poor since they will require income. Besides, the 4th Industrial Revolution will improve the process of communication
THE FOURTH INDUSTRIAL REVOLUTION: VIDEO6 within the workplace (Han, 2017). It will also enhance how workers communicate with their targeted clients as most of them will be able to use platforms of social media to place their bids, inquiry about goods and services, or paying for their orders for delivery at their doorsteps. References Abdin, M. (2017). Opportunities and Challenges of the New Industrial Revolution.SSRN Electronic Journal. http://dx.doi.org/10.2139/ssrn.3077456 Does blockchain portend a “fourth industrial revolution”?. (2017).Physics Today. http://dx.doi.org/10.1063/pt.5.8209 Han, D. (2016). University Education and Contents in The Fourth Industrial Revolution. Humanities Contens,42, 9. http://dx.doi.org/10.18658/humancon.2016.09.42.9 Kim, H. (2017). Role and Direction of Liberal Education of Humanities in the 4th Industrial Revolution Era.The Journal Of General Education,5, 95-122. http://dx.doi.org/10.24173/jge.2017.06.5.95 The Fourth Industrial Revolution | Full Version (Subtitled). (2018).YouTube. Retrieved 19 April 2018, from https://www.youtube.com/watch?v=khjY5LWF3tg Tranos, E., & Nijkamp, P. (2012). Urban and Regional Analysis and the Digital Revolution: Challenges and Opportunities.SSRN Electronic Journal. http://dx.doi.org/10.2139/ssrn.2032641
THE FOURTH INDUSTRIAL REVOLUTION: VIDEO7 Xu, M., David, J., & Kim, S. (2018). The Fourth Industrial Revolution: Opportunities and Challenges.International Journal Of Financial Research,9(2), 90. http://dx.doi.org/10.5430/ijfr.v9n2p90 Yoon, J. (2017). On Strengthening the Competitiveness of Publishing Media through Visual Perception in the 4th Industrial Revolution.Korean Publishing Science Society,80, 1-37. http://dx.doi.org/10.21732/skps.2017.80.149