Fourth Industrial Revolution

Fourth Industrial Revolution

Here in the year 2019 we are in what some call the Fourth Industrial Revolution. The First Industrial Revolution started in the late 18th and early 19th centuries with the creation of industries such as coal, iron, railroads and textiles. Moving into the late 19th and early 20th centuries we enter into the Second Industrial Revolution with the development of Electricity, Petroleum, and Steel. The Third Industrial Revolution starting mid-20th century can be defined with the advent of electronics and information technology. All three of these revolutions had a huge influence on businesses, geopolitics, and society at large. We are now in the Fourth Industrial Revolution and this too will have an enormous impact to on all three of these entities.