Industry 4.0 refers to a new phase in the Industrial Revolution that focuses heavily on interconnectivity, automation, machine learning, and real-time data. Industry 4.0, which encompasses IIoT and smart manufacturing, marries physical production and operations with smart digital technology, machine learning, and big data to create a more holistic and better-connected ecosystem for companies that focus on manufacturing and supply chain management.
Ford CEO Farley Says AI Could Eliminate Some White-Collar Jobs — While Skilled Trades Gain Value
DETROIT — Ford Motor Co. CEO Jim Farley is drawing a stark dividing line over how artificial intelligence could reshape the American workforce: Some white-collar jobs may disappear, while workers who can repair robots, maintain automated factories and solve complex mechanical problems could become increasingly valuable. Speaking Wednesday at Ford’s ACCELERATE the Essential Economy conference









