Disadvantages Of Technology

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What is Industry 4.0

Industry 4.0 is the integration of computerized systems and automation. With the latest developments in machine learning algorithms an ever-increasing number of manufacturing processes are being operated entirely by computers. These computers “learn” by sharing information between a network of sensors which is then interpreted to find the optimal solution. This in turn leads each robot to become more independent and make simple decisions by itself without the need for outside input therefore decentralizing manufacturing.
(Source: Bernard Marr, What Everyone Must Know About Industry 4.0, Forbes, June 20, 2016)

Pros & Cons

Obstacles to Industry 4.0

While the prospective benefits of Industry 4.0 are undoubtedly highly promising, there are a number of obstacles that will need to be overcome in order to actualise truly “smart manufacturing.” These include imperfect and emerging technologies, such as the Internet of Things, Artificial Intelligence and cyber-physical systems, as well as human and emotional obstacles, such as fear of redundancies and fiscal costs.

IoT technology

The internet of things is a fast emerging technology that allows vast amounts of data to be collected and processed from real world sources. It essentially consists of sensors being applied in innovative ways and transmitted to be stored centrally on a cloud.
Existing examples of Internet of Things technology include Hive and Nest home heating systems, which includes
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