Industry 4.0: how intelligent machines will transform everything we know
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Markus Lorenz |
TED@BCG London
• June 2015
The fourth industrial revolution is upon us: machines infused with intelligence. This transformation will change how manufacturing works today, making it faster and cheaper because a machine will know when it makes a mistake and correct itself. Markus Lorenz estimates that the next generation of industrialization could save the food industry alone $50 billion dollars a year. He explores the many ways this manufacturing revolution will impact the economy, and what kinds of other jobs this new chapter will create.