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Stages of Fourth Industrial Revolution (4IR)

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What is the Fourth Industrial Revolution?  Klaus Schwab, founder and executive chairman of the Geneva-based WEF,  published a book in 2016 titled "The Fourth Industrial Revolution" and coined the term at the Davos meeting that year.  Schwab argued a technological revolution is underway "that is blurring the lines between the physical , digital and biological spheres."  Simply put, the Fourth Industrial Revolution refers to how technologies like  artificial intelligence , autonomous vehicles and the internet of things are  merging with humans' physical lives . Think of voice-activated assistants, facial ID recognition or digital health-care sensors.  Schwab argued these technological changes are drastically altering how individuals, companies and governments operate, ultimately leading to a  societal transformation similar to previous industrial revolutions. Figure :Stages of 4IR The first three industrial revolutio...