Top Tech Developments Fueling The Fourth Industrial Revolution

The world today stands on the edge of the technological revolution where everything has changed. From the way people live and interact socially, to organizations perform a business, all are disrupted by technology. This is not only transforming the way of living, but also pushing the world towards the fourth industrial revolution. The term was first coined by World Economic Forum’s founder Klaus Schwab, which encompasses emerging technological breakthroughs.

The fourth industrial revolution, also called Industry 4.0, is a way of defining the blur line between the physical, digital, and biological worlds. This time of the industrial revolution is building on the third industrial revolution, also known as the digital revolution, which has been occurring since the middle of the last century. The first industrial revolution used water and steam power to mechanize production, while the second used electric power to create mass production. And the third industrial revolution used electronics and information technology to automate production.

Now, today the world has entered the Fourth Industrial Revolution as new breakthroughs and technological integrations already begun and are reshaping how we function as a human race. From AI, 3D Printing and IoT to handheld devices, all are started to disrupt today’s living standards.

Let’s look at the top tech development driving the fourth industrial revolution in 2019 and beyond.

Autonomous Driving

Autonomous vehicles or self-driving cars now are making their entrance in today’s world. Embedded with auto-pilot functionality, these automated cars intend to optimize traffic and accelerate efficiency while keeping roads safer. But it also comes with some limitations as previously it faced several criticisms over its capabilities once it hit the road. For instance, a few years ago, Google self-driving car hit a bus causing minor damage while maneuvering around sandbags that were in the path of the vehicle. In another instance, an autonomous vehicle of Uber faced a fatal crash in 2018. So, looking at these incidents, it is clear that the path for AVs is not so easy now.

Despite this, several car manufacturers around the world are testing with AVs. Tesla is one such carmaker looking to bring self-driving vehicles onto the roads. Known for its futuristic builds, battery dependence and high-tech functionality, Tesla vehicles are opening the way for self-driving technology of tomorrow.

Renewable Energy

Renewable energy comes from clean and natural resources. This is a source of clean, inexhaustible and increasingly competitive energy and differs from fossil fuels mainly in their diversity, profusion and potential for use anywhere on the planet. Solar energy, home biogas, and marine solars are part of renewable energy. Earlier production of renewable energy has been significantly dominated by traditional biomass where the burning of wood, forestry materials and agricultural waste biomass majorly used. Traditional energy sources like fossil fuels pollute the environment – air, water and land, and also emit harmful gases that take injurious tolls on public health, wildlife, and global warming emissions.

However, renewable energy completely different from this. It uses energy sources that produce zero greenhouse gas emissions which help to alleviate the catastrophic weight of global climate change, making the world a cleaner, safer place to live in.

5G Wireless Technology

This is the 5th generation of mobile networks, which is designed to fulfil demands of current technological trends such as the rising volume of data, global connectivity, as well as the increasing utilization of IoT. 5G wireless is able to work up to 100 Gbps and covering distances up to 90 meters through beamforming. This fast network technology especially focuses on augmenting bandwidth to be smarter, faster, and more efficient than 4G. From self-driving cars to IoT devices, all of these kinds of digital entities require high-speed wireless infrastructure to keep up with the rapidly changing technological landscape. This high-speed connectivity demand drives the evolution of 5G wireless.

The network technology will not only enhance current mobile broadband services, but will also expand the world of mobile networks. 5G will support many new devices and services in multiple industries from manufacturing, retail, and education, to agriculture and entertainment with much higher performances and lower costs.