There is a lot of hype around the fourth industrial revolution. And it has been going on for some time now.
I think many of the bloggers, journalists, book authors, and other writers make a series of mistakes. When they say that IoT or AI is making the fourth industrial revolution happen, they overlook that in most cases the implementation of these technologies are just parts of the third industrial revolution that have not been fully implemented yet. In the same way as the second industrial revolution is not yet fully implemented – 1.3 billion people don’t have access to electricity also.
In the third industrial revolution, one of the tools were sensors monitoring chemical or mechanical processes linked, typically via a so called MES-network, to computers that would calculate responses and activate these responses via actuators connected to the same network. Many (most?) current IoT implementations are variations on this theme. Granted, the network is often wireless and uses a low bandwidth (hopefully) secure protocol over the open Internet, the sensors have been reduced in size and energy usage. But the concept remains the same. [...]
To read the whole post and interact, please visit the SogetiLabs blog: The Fourth Industrial Revolution