THE THIRD INDUSTRIAL REVOLUTION PDF
PDF | Industrial revolutions have had a profound impact on shaping the way we The Third Industrial Revolution: Implications for Planning Cities and Regions. recent treatise, The Third Industrial Revolution: How Lateral Power Is We had time to discuss The Third Industrial Revolution with Jeremy. Shaping the Future. The Third Industrial Revolution. Challenges and Opportunities. Lord Kumar Bhattacharyya. Chairman, WMG.
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The Third Industrial Revolution: How the Internet, Green Electricity, and 3-D Printing are. Ushering in a Sustainable Era of Distributed Capitalism. By Jeremy. Third Industrial Revolution: The Impact of the Internet of Everything and Smart Cities across the Supply Chain Jeff Barnes Engineering/Applied Science. A third industrial revolution. As manufacturing goes digital, it will change out of all recognition, says Paul Markillie. And some of the business.
Improved distribution of goods within a city adds considerable value and reduces energy consumption and greenhouse emissions Avent, , p. Just by managing power requirements for consumers and producers, smart grids can produce significant savings. This transformation requires a number of technological advancements, such as the economical production and transportation of renewable energy - solar, wind, hydro, geothermal, ocean waves, and biomass; the construction of homes and offices as power plants, generating renewable electricity and both using it or selling it back to the grid; and the economic production of a hydrogen medium for storage and transportation Rifkin, , p.
Using data from figure 4, reducing the production of non-renewable energy and improved efficiency for consumption can have significant savings for society as well as a typical supply chain.
Saving energy reduces waste and improves the efficiency and resiliency of a supply chain, and hence the city or company that depends on it.
The benefits of 3-D printing are considerable: As 3-D printing becomes more common, it is expected factories will no longer source raw materials, turn out millions of similar products, and then ship them to retail outlets.
On a global scale, factories will no longer move to low-wage countries to cut costs, but remain near skilled technicians who design products and the consumers who acquire them Markille, , p. And finally, 3-D printing allows collaborative manufacturing, including pseudo- crowdsourcing. In this environment, traditional Operations Management challenges are reduced — there is little channel conflict, customer variability Frei, , p. Hopefully, this third industrial revolution provides value for global participants across the supply chain, not just factory owners and shipping magnates Haque, , p.
An analysis of the local environment in Newfoundland shows either this is not occurring or is being diminished by traditional thinking.
The Third Industrial Revolution: Implications for Planning Cities and Regions
Since Newfoundland and Labrador produces about A4 , this project would have considerable ROI Table 4 and is currently being undertaken in many North American cities Dorrier, , p. Unfortunately, Newfoundland Power still seems to be running pilots and extending decisions concerning the conversion to LED lighting into the future Belec, , p. Another recent example shows the successful implementation of local energy production through the conversion of waste at a dairy farm.
And finally, a review of the Strategic Economic Roadmap of St. Currently there are a couple of companies with 3-D printers in St. However the growth of 3-D printing in Newfoundland and Labrador could ensure products and parts are available when traditional methods of distribution are unavailable i.
To expand upon the high-level recommendations provided at the beginning of our discussion, we now encourage local business and government leaders to review and begin planning for the implementation of the components comprising the third industrial revolution. Our analysis show, and a further review of supply chain literature validates, how the fulfilment of the TIR creates efficiencies along the entire supply chain. Sensors within a supply chain can also reduce mechanical vulnerabilities mentioned in Gilbride, , p.
Built from scratch as Smart Cities, some sites such as Songdo are reported not to have the culture and identity as traditional cities, and are currently commercially underutilized or not fully populated in their early development Young, According to Greenfield, new smart cities may not be as architecturally pleasing or contain the vibrancy and cultural of historical cities Greenfield, , p.
Smart cities are also typically economic hubs of production and distribution and sometimes are found to have lower working conditions than other areas. Originally, working conditions at Shenzhen Foxconn City China were reported to be low but have since improved Foxconn, The increased deployment of communication and network connectivity, and continued advancements in 3-D printing, sensors and managed smart grids, LED lighting and local renewable energy allow cities and corporations to leverage the potential value at stake, compete in the new global environment and minimize supply chain complexity and rising energy costs.
With perseverance, foresight and the right revolutionary leaders, these components can also resolve more significant issues, such as slow economic recovery, availability of diminishing fossil fuels and climate change.
Based on a review and financial assessment of the local corporations, services and cities we determine that the Internet of Everything, smart grids and smart cities have not yet arrived in the region.
We recommend local business and municipal leaders immediately begin to plan and implement the underpinning components of the Third Industrial Revolution, allowing the region to increase competition, resiliency and known efficiencies i. LED lighting and sensors , leverage the potential value at stake, and reduce traditional business challenges bullwhip effect, variability, capacity.
Industrial Revolutions: Communication and Energy Sources Troxler, , p. Energy Production and Consumption 6.
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Retrieved from http: The New Industrial Revolution. New York: Crown Publishing Group. Avent, Ryan.
The third industrial revolution. The Economist Retrieved from http: Retrieved from www. An empirical examination. Pushing the Boundaries of Minds and Machines.
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When workers dream of a life beyond the factory gates , December 15 The Economist. Gershenfeld, Neil.
The Coming Revolution on Your Desktop. Basic Books. Retrieved from https: The Quest for Resilience. Harvard Business Review, September David's farm turning manure into electricity, other products, The Gander Beacon. The first industrial revolution — Following a slow period of proto-industrialization, this first revolution spans from the end of the 18th century to the beginning of the 19th century.
It witnessed the emergence of mechanization, a process that replaced agriculture with industry as the foundations of the economic structure of society.
Mass extraction of coal along with the invention of the steam engine created a new type of energy that thrusted forward all processes thanks to the development of railroads and the acceleration of economic, human and material exchanges.
Other major inventions such as forging and new know-how in metal shaping gradually drew up the blueprints for the first factories and cities as we know them today.
The second industrial revolution — Nearly a century later at the end of the 19th century, new technological advancements initiated the emergence of a new source of energy: electricity, gas and oil. As a result, the development of the combustion engine set out to use these new resources to their full potential.
Furthermore, the steel industry began to develop and grow alongside the exponential demands for steel. Chemical synthesis also developed to bring us synthetic fabric, dyes and fertilizer.
Methods of communication were also revolutionized with the invention of the telegraph and the telephone and so were transportation methods with the emergence of the automobile and the plane at the beginning of the 20th century. The third industrial revolution — Nearly a century later, in the second half of the 20th century, a third industrial revolution appeared with the emergence of a new type of energy whose potential surpassed its predecessors: nuclear energy.
This revolution witnessed the rise of electronics—with the transistor and microprocessor—but also the rise of telecommunications and computers.
This new technology led to the production of miniaturized material which would open doors, most notably to space research and biotechnology. For industry, this revolution gave rise to the era of high-level automation in production thanks to two major inventions: automatons— programmable logic controllers PLCs —and robots. The first industrial revolution used water and steam to mechanize production, the second used electric energy to create mass production and the third used electronics and information technology to automate production.
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Today a fourth industrial revolution is underway which builds upon the third revolution and the digital revolution that has been taking place since the middle of the last century. This fourth revolution with exponential expansion is characterized by merging technology that blurs the lines between the physical, digital and biological spheres to completely uproot industries all over the world.Mark Manson. End This Depression Now! Since Newfoundland and Labrador produces about Michael Lewis.
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