April 10, 2021

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Opportunities And Challenges Offer By Industry 4.0

2 min read

One of the biggest challenges for Industry 4.0 is the disruption of the labour market from automation, advanced robotics and AI. Computers and machines will be able to perform increasingly complex tasks and thus endanger millions of jobs. 

One artificial intelligence expert even estimates that the latter could replace up to 40% of existing jobs in the next 15 years. To know about the advantages of the Industry 4.0 visit https://hapticmedia.fr/blog/industrie-4.0/ (also known as 'industrie 4.0 visit https://hapticmedia.fr/blog/industrie-4.0/’ in the French Language).

As a result, many people will lose their jobs in the coming decades. However, this is not uncommon in the context of the industrial revolution. For example, the discovery of the tractor has resulted in millions of farmworkers out of work. But we must not forget that each new industrial revolution also creates countless jobs. 

In the case of Industry 4.0, new perspectives are opening up in the fields of blockchain, cybersecurity, big data, 3D printing, biotechnology, nanotechnology, outer space and many more. Therefore, Industry 4.0 will create as many opportunities as excluded.

It is up to each individual and every company to adapt to Industry 4.0, just as the previous generation had to adapt to Industry 1.0, 2.0 and 3.0. Those who are well adapted can take advantage of all these exciting new technologies. 

After all, Industry 4.0 has the potential to radically improve the lives of millions of people. Many aspects of industry and commerce, from factory safety to the shopping experience, will be greatly enhanced.

Through mass customization, smart factories and 3D configuration technology, companies can not only increase their profit margins but also improve the lives of their customers by providing a better customer experience.