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picture1_Quality Ppt 78629 | 181031dol On 4th Industrial Revolution


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File: Quality Ppt 78629 | 181031dol On 4th Industrial Revolution
background and timeline of industrial revolution over the years there have been distinct transitional changes that have caused shifts in the speed quality and organisation of production each transition had ...

icon picture PPTX Filetype Power Point PPTX | Posted on 06 Sep 2022 | 3 years ago
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               Background and timeline of industrial 
                                      revolution
       Over the  years  there  have  been  distinct  transitional  changes  that  have 
          caused shifts in the speed, quality and organisation of production,
       Each transition had its unique contribution to the contemporary world we live 
          in today, 
       These transitions were driven by the industrial revolution,
       Industrial revolution implied a growth rate increase in industrial production 
          (Mathias, 2013:12),
       To date, the world had seen three waves of industrial revolution before the 
           th
          4  Industrial Revolution:
      First Industrial Revolution (1784)
      •          th                      th
          Late 18  Century and early 19  Century
      •   Characterized by Industrialisation
      •   Use of water and steam to mechanise production
      •   Advancement to the use of steam engine
      The first industrial revolution shifted the production from a previously labour 
      intensive to a more capital intensive.
                  Background and timeline of industrial 
                                               revolution
       Second Industrial Revolution (1870)
       •    Use of electricity for mass production
       •    Electricity, combustion engine, steel, chemical synthesis, large factories, 
            assembly lines
       Generally, the second industrial revolution can be broadly characterised by 
       expansion of industries and electrically-powered mass production based on the 
       division of labour.
       Third Industrial Revolution (1969)
       •    ‘Digital revolution’
       •    Use of electronics and ICT to automate production
       •    ICT, internet and computers
       While the third industrial revolution is an era of rapid technological progress 
       associated with the development of information technology. It is in this era that 
       electronics and information technology was used to further advance 
       automation.
     Fourth Industrial Revolution- What is it??
   Fourth Industrial Revolution (Era of Cyber-Physical Systems)
    The fourth industrial revolution is often referred to as Revolution 4.0),
    The term was apparently first  used  in  2016  by  World  Economic  Forum 
    (Klaus Schwab),
    Dramatic change in pace and scope of automation of tasks previously done 
    by humans,
    Blurring of boundaries between the physical, biological and digital spheres,
    Robotics; Artificial Intelligence (AI); Internet of Things (IoT) and Industrial 
    Internet of Things (IIoT); cyber-physical systems; augmented reality (AR); 
    virtual  reality  (VR);  biotechnology;  nanotechnology;  autonomous vehicles; 
    cloud computing; 3D printing…
    Its  International  diffusion  is  exponentially  faster  than  earlier  industrial 
    revolutions,
    “Estimates of how many jobs are vulnerable to being replaced by machine 
    vary  but  it  is  clear  that  developing  countries  are  more  susceptible  to 
    automation as compared to high-income countries.” (Millington, 2017),
     How Fourth Industrial Revolution is likely to 
                Affect Employment
     The effect comes in multiple channels:
      – Overall number of jobs
      – Composition of employment (by skills level, by occupation, by sector 
       etc.) with certain types of jobs more vulnerable than others,
      – Nature of work, work processes and the workplace
    Impact on total employment
      – Mass technological unemployment,
      – Job displacement/destruction and job creation (generally for different 
       people),
    Largenet negative impact for developing economies due to skills 
     availability
      – Effect on incomes and quality of life depends on what happens to 
       ‘surplus’,
      – Likely rise of inequality,
         Which jobs most likely to be affected
    The  impact  depends  on  degree  of  automatability–how  routine  and 
    codifiableare tasks,
    Overall,  lower-skilled  jobs  are  more  vulnerable  than  high-skilled,  but  not 
    straight correlation,
    This is one difference from previous types of automation –some white-collar 
    jobs now more vulnerable than some blue-collar jobs,
    Less vulnerable jobs are those involving creativity, social interaction, high 
    levels of dexterity, lot of variation amongst tasks,
    According to the NDP (2030) RSA is creating more jobs in the services 
    industry such as Private Security and these are at more risk to be replaced 
    by R4.0,
    R4.0, has the potential to compromise achievements towards Goal 8 of the 
    Sustainable Development Goals on decent work and economic growth aims 
    to “promote sustained, inclusive and sustained economic growth, full and 
    productive employment and decent work for all”. 
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...Background and timeline of industrial revolution over the years there have been distinct transitional changes that caused shifts in speed quality organisation production each transition had its unique contribution to contemporary world we live today these transitions were driven by implied a growth rate increase mathias date seen three waves before th first late century early characterized industrialisation use water steam mechanise advancement engine shifted from previously labour intensive more capital second electricity for mass combustion steel chemical synthesis large factories assembly lines generally can be broadly characterised expansion industries electrically powered based on division third digital electronics ict automate internet computers while is an era rapid technological progress associated with development information technology it this was used further advance automation fourth what cyber physical systems often referred as term apparently economic forum klaus schwab d...

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