Role of AI/ML in Industry 4.0, Fourth Industrial Revolution (4IR)
Industry 4.0—also called the Fourth Industrial Revolution or 4IR—is the next phase in the digitization of the manufacturing sector. The current era of connectivity, advanced analytics, automation, and advanced-manufacturing technology is transforming global manufacturing business. The intelligent computers—are shaping the Fourth Industrial Revolution. Key Enablers of the 4IR are: 1. Connectivity, data, and computational power: cloud technology, the Internet, blockchain, sensors 2. Analytics and intelligence: advanced analytics, machine learning, artificial intelligence 3. Human–machine interaction: virtual reality (VR) and augmented reality (AR), robotics and automation 4. Advanced Engineering: Additive manufacturing (eg, 3-D printing), Nanoparticles