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      Networked Intelligence : A Wider Fusion of Technologies That Spurs the Fourth Industrial Revolution—Part I: Foundations

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      World Review of Political Economy
      Pluto Journals
      technology, production, production systems
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            Abstract

            In this article, it is argued that the Fourth Industrial Revolution (I4.0) is the result of a technology fusion between the following factors that define an economic epoch: (a) The production systems and the type of tools these systems are employing; (b) The communication technologies as well as the means used for information storage, processing, sensing and knowledge creation: the information and communication technologies (ICT); (c) The energy generation and distribution systems used, and (d) The biotechnology. The thesis of this article is that ICT is the predominant factor in the context of the Fourth Industrial Revolution. To justify this claim, the progress of the scientific fields of which this factor consists is elaborated, and its impact on other factors is highlighted with emphasis on the societal impact. It is claimed that the eventual fusion of these factors leads to a single technological continuum. The eventual fusion of all factors is made possible because they all exploit a common material base while we are entering the era where we can regulate and superintend a vast number of heterogeneous technologies via open software. The eventual fusion of these factors will lead to a single technological continuum, and it will redefine the notions of “production” and “work,” as it will allow overcoming the over-fragmentation in specialization, while it will reshape our cities, our personal lives and our relationship with science.

            Content

            Author and article information

            Journal
            10.13169/worlrevipoliecon
            World Review of Political Economy
            WRPE
            Pluto Journals
            2042-8928
            01 July 2021
            : 12
            : 2
            : 220-235
            Author notes
            [* ] Correspondence: Alexandros Stavdas ( alexandros.stavdas@ 123456uop.gr )
            Article
            10.13169/worlrevipoliecon.12.2.0220
            22fb73a2-7f11-45e6-bac9-9420baaeb52c
            © WORLD ASSOCIATION FOR POLITICAL ECONOMY 2021

            All content is freely available without charge to users or their institutions. Users are allowed to read, download, copy, distribute, print, search, or link to the full texts of the articles in this journal without asking prior permission of the publisher or the author. Articles published in the journal are distributed under a http://creativecommons.org/licenses/by/4.0/.

            History
            Page count
            Pages: 16
            Categories
            Articles

            Political economics
            production,production systems,technology

            References

            1. , and . 2016. “Materials Informatics and Big Data: Realization of the ‘Fourth Paradigm’ of Science in Materials Science.” Apl. Materials 4, no. 053208.

            2. , , , , , and . 2007. “Taking Control of the Enterprise.” Association for Computing Machinery—Special Interest Group on Data Communication, ACM SIGCOMM no. 07.

            3. ETSI (European Telecommunications Standards Institute). 2012. “Network Functions Virtualization—Introductory White Paper.” ETSI, October 22.

            4. 2012. The Third Industrial Revolution. Chicago: Griffin Publishers.

            5. The Economist . 2012. “The Third Industrial Revolution.” The Economist, April 21. https://www.economist.com/special-report/2012/04/21/a-third-industrial-revolution.

            6. 1984. The Third Wave. New York: Bantam Books.

            7. , , , and . May 1998. “The Tempest: A Practical Framework for Network Programmability.” IEEE Network 12 (3): 20–28.

            8. 2016. The Future X-Network: A Bell Labs Perspective. Boca Raton: CRC Press.

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