RSTV-Fourth Industrial Revolution(In-depth Series)

  1. The Fourth Industrial Revolution is a term that defines our present technological age.It is the fourth industrial era since the initial industrial revolution of the 18th century. Recently, Prime Minister Narendra Modi gave an institutional shape to the expression, by launching the Center for the 4th industrial revolution– which is an initiative of the World Economic Forum.This will initially focus on artificial intelligence, and machine learning.
  2. India has become the fourth country in the world where World Economic Forum has opened its centre for Fourth Industrial Revolution.The Centre for the Fourth Industrial Revolution India was setup by the World Economic Forum as part of a network that includes the USA, China and Japan.
  3. The Centre for the Fourth Industrial Revolution India would work in collaboration with the NITI Aayog, to co-design new policies and protocols for emerging technologies with an initial focus on artificial intelligence, block-chain technology and drones.
  4. India has recently announced its drone policy as well, which will enable drone-mapping and other applications as per the fourth industrial revolution.
  5. The Prime Minister informed that the Government is working to improve people’s lives and prepare the youth for changing technologies through schemes like Skill India, Startup India, Atal Innovation Mission (AIM), Digital India, and others.
  6. He also listed areas where the fourth industrial revolution can help in transforming India like in the fields such as:
    Poverty alleviation;
    Better and low-cost healthcare;
    Enhancing farmers’ income by providing them with new technology and equipment
    It will strengthen infrastructure and improve connectivity to every last village
    Artificial intelligence can be used to empower and enable differently-abled people.
    It will improve the ease of living and the ease of doing business;
  7. The fourth industrial revolution is characterized by a fusion of technologies that is blurring the lines between the physical, digital and biological spheres. It is meant to impact all disciplines, economies and industries, and it even challenges the idea of what it means to be human.

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