The 1st I.R. (Industrial Revolution) occured when the Telegram, a new power source called coal, and a new transport system (steam engine/Railroads) merged to forever change society as we know it.
The 2nd I.R. occured when the telephone/radio/TV, Oil, Cars/trucks/buses once again merged into a new platform of society.
The 3rd I.R. will occur once the Internet, renewable energy/smartgrids, new logistics (driverless cars, electric cars) all merge into the Internet of Things
my personal highlights (around 30 min in) :
"this third industrial revolution platform is designed to be distributed, not centralized. It works best when its collaborative and open and transparent, rather than closed and proprietary."
"How do we ensure privacy when everyone is connected?"
Lemme know your thoughts, whether you agree, disagree, I know it is a long watch, but I found it worth my time
We can say the world is ready for the third industrial revolution even though the combination of the technological developments put together might suggest that. There are still several breakthrough that the future beholds, we have impending flying cars, tele-porting that would change the way and time people move from one place to another, time travel machine that would make people go back in time to correct anomalies or the future to change it, medical break through that would change the way we live such as cloning, 3D printing of organs etc. are we to say there would be several revolutions as this milestones are being met?
On ensuring privacy why everyone is connected, it means that with decentralisation, no one will have control over the other, unlike the way its being done that there is repository of data in the control of a body or agency with which with this power, control is certain to the extent that our whole existence is reliant on this.