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Fourth Industrial Revolution (4IR). The Fourth Industrial Revolution is a way of describing the blurring of boundaries between the physical, digital, and biological worlds. It’s a fusion of advances in artificial intelligence (AI), robotics, the Internet of Things (IoT), 3D printing, genetic engineering, quantum
computing, and other technologies.
The Fourth Industrial Revolution fosters what has been called a “smart factory”. Within modular structured smart factories, cyber-physical systems monitor physical processes, create a virtual copy of the physical world and make decentralized decisions. The pros of the 4th industrial revolution
- Improved quality of life. Technology has made possible new products and services that increase the efficiency and pleasure of our personal lives.
- New markets.
- Lower barrier to entrepreneurship.
- Bangladesh is well situated to take advantage of 4IR It has a growing manufacturing base, skilled manpower, and a creative entrepreneurial class.
