Industrial revolutions

1st industrial revolution (1760-1840):

1. Use of Machines instead of Hands for industrial productions
2. Use of steam power for production (steam engine of train)
3. Textile was dominant industry
4. New chemical manufacturing
5. Iron production
6. Economic growth shifted from GDP to Per capita income

2nd industrial revolution (1870- 1914): -

The Second Industrial Revolution was another great leap forward in technology and society.
New innovations in steel production, petroleum and electricity led to the introduction of
public automobiles and airplanes. In this lesson, learn about the key inventions that spurred
this revolution. It ended up with the start of world war I
1. Expansion of electricity and steel
2. Invention of telephone, bulb, radio waves were sent across Atlantic Ocean for the
first time.
3. Invention of internal combustion engine
4. Development of automobile and airplanes
5. Need of more railroads

3rd industrial revolution 1969

Nearly a century later, in the second half of the 20th century, a third industrial

revolution appeared with the emergence of a new type of energy whose potential

surpassed its predecessors: nuclear energy. This revolution witnessed the rise of

electronics—with the transistor and microprocessor—but also the rise of

telecommunications and computers. This new technology led to the production of

miniaturized material which would open doors, most notably to space research

and biotechnology. For industry, this revolution gave rise to the era of high-level

automation in production thanks to two major inventions: automatons—

programmable logic controllers (PLCs)—and robots.

4th industrial revolution

The Fourth Industrial Revolution builds on the Digital Revolution, representing new

ways in which technology becomes embedded within societies and even the human

body. The Fourth Industrial Revolution is marked by emerging technology breakthroughs in

a number of fields, including robotics, artificial intelligence, nanotechnology, quantum

computing, biotechnology, The Internet of Things (IoT), 3D printing and autonomous

vehicles.

In his book, The Fourth Industrial Revolution, professor Klaus Schwab, founder and

executive chairman of the World Economic Forum, describes how this fourth revolution is

fundamentally different from the previous three, which were characterized mainly by

advances in technology. The underlying basis for 4IR lies in advances in communication and

connectivity rather than technology. These technologies have great potential to continue to

connect billions of more people to the web, drastically improve the efficiency of business

and organizations and help regenerate the natural environment through better asset

management.

“Mastering the Fourth Industrial Revolution” was the theme of the World Economic

Forum Annual Meeting 2016 in Davos-Klosters, Switzerland.

According to Arik Segal, the Fourth Industrial Revolution holds unique opportunities

to improve human communication and conflict resolution.

The phrase 'fourth industrial revolution' was first used in 2016, by World Economic

Forum.