How Industry 4.0 and Automation Grew the World's Economy
The fourth industrial revolution is all about automation and the internet of things (IoT). Industry 4.0 drives innovation and introduces new ways for people to be more productive. It changes the scope of everything from the types of jobs available to how humans perform those tasks.
The World Economic Forum found connectivity has reached a global scale. There are approximately 8.5 billion devices connected to the IOT. The COVID-19 pandemic accelerated the need for automation and remote work, advancing the IOT faster than expected.