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Development and Technology of the 4th industrial revolution

Updated: Sep 6, 2021

This year’s theme dovetails with the universal 2030 Agenda for Sustainable Development and the Paris Climate Agreement adopted in 2015,” explains the Director-General. “Fundamentally, it is about how we lead change, collaborate, and innovate to empower people and make this a peaceful and inclusive development revolution.


“This begins with education and skills and calls for a special focus on narrowing the gender gap, especially in the growth sector constituted by professions requiring a background in science, technology, engineering, and mathematics. This is our message in Davos -- the 4th Industrial revolution must be a development revolution."


In the 4th industrial revolution, it will be the world's topmost technology. with the power full instrumental thinks that we are using now it will be overcome and it will be shifted to a different world to us.


What Happens with Employment?

The characteristics of the fourth Industrial Revolution are destined to bring about different impacts on employment, which are no longer confined to one industry, but all industries. At the same time, a lot of jobs will disappear, but there will be a lot of new job requirements. It is expected that more than 65% of children entering primary school today will end up working in completely new jobs that currently do not exist when they enter the workplace 15 years from now. With the changes brought by social media, digital publications, and e-commerce, the most in-demand occupations did not exist 10 or even five years ago. According to the Future of Employment report, around 47 percent of total US employment is in the high-risk category. People may be more concerned about what types of jobs are at high risk than specific Numbers. So which jobs are at greatest risk? What jobs will be safe in the future?


Researchers at Oxford University published a widely referenced study in 2013 on the likelihood of computerization for different occupations. Out of around 700 occupations, here are the top 30 most risky occupations having a 98-99 percent chance of being automated in the future:


1 Telemarketer

2 Title Examiners, Abstractors, and Searchers

3 Sewers, Hand

4 Mathematical Technicians

5 Insurance Underwriters

6 Watch Repairers

7 Cargo and Freight Agents

8 Tax Preparers

9 Photographic Process Workers and Processing Machine Operators

10 New Accounts Clerks

11 Library Technicians

12 Data Entry Keyers

13 Timing Device Assemblers and Adjusters

14 Insurance Claims and Policy Processing Clerks

15 Brokerage Clerks

16 Order Clerks 7

17 Loan Officers

18 Insurance Appraisers, Auto Damage

19 Umpires, Referees, and Other Sports Officials

20 Tellers

21 Etchers and Engravers

22 Packaging and Filling Machine Operators and Tenders

23 Procurement Clerks

24 Shipping, Receiving, and Traffic Clerks

25 Milling and Planing Machine Setters, Operators, and Tenders, Metal, and Plastic

26 Credit Analysts

27 Parts Salespersons

28 Claims Adjusters, Examiners, and Investigators

29 Driver/Sales Workers

30 Radio Operators

On the other hand, the following list comprises the top 30 most safe occupations with a 0.66 percent or less probability of being computerized based on current technology.


1 Recreational Therapist

2 First-Line Supervisors of Mechanics, Installers, and Repairers

3 Emergency Management Directors

4 Mental Health and Substance Abuse Social Workers

5 Audiologists

6 Occupational Therapists

7 Orthotists and Prosthetists

8 Healthcare Social Workers 8

9 Oral and Maxillofacial Surgeons

10 First-Line Supervisors of Fire Fighting and Prevention Workers

11 Dietitians and Nutritionists

12 Lodging Managers

13 Choreographers

14 Sales Engineers

15 Physicians and Surgeons

16 First-Line Supervisors of Transportation and Material-Moving Machine and vehicle operators

17 Instructional Coordinators

18 Psychologists, All Other

19 First-Line Supervisors of Police and Detectives

20 Dentists, General

21 Elementary School Teachers, Except Special Education

22 Medical Scientists, Except Epidemiologists

23 Education Administrators, Elementary and Secondary School

24 Podiatrists

25 Clinical, Counseling, and School Psychologists

26 Mental Health Counselors

27 Fabric and Apparel Patternmakers

28 Set and Exhibit Designers

29 Human Resources Managers

30 Recreation Workers

TECHNOLOGIES OF THE FOURTH INDUSTRIAL REVOLUTION


Artificial Intelligence is set to be one of the key technologies in the sweeping transformation of the economy, society, and the labor market. Consultant Michael Page adds other basic aspects of the smart industry, which we have summarised below:


Internet of things

Internet of things technology, which is designed to establish a connection between the physical and digital worlds, has revolutionized numerous sectors. In fact, billions of devices are already interconnected and more and more devices are becoming smart.


Cobots

Robotics is constantly evolving and the cobots, specially designed to interact physically with humans in collaborative environments, will be key to the industry. Among other things, they optimize production and save employees from doing monotonous and dangerous tasks.


Augmented reality and virtual reality

Augmented reality and virtual reality, technologies that combine the real world and the digital world using computer science, enrich the visual experience of both users and consumers by generating immersive experiences.


Big data

Information is power. The full-blown Fourth Industrial Revolution will allow us to change data into information. Big data allows massive data management and interpretation for business purposes, which is particularly relevant when devising business strategies or making decisions.


3D and 4D printing

These days we have the means to develop prototypes — or products for sale — quickly, accurately, and economically with 3D and 4D printing. This technology is becoming increasingly important in design, architecture, engineering, etc.


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