Industry 4.0 is essentially referred to as the
fourth industrial revolution that the entire world is slowly gearing up for. We
are to emplane on a technological revolution that will radically revamp the way
we live, work and relate to one another.
The Fourth Industrial Revolution will gradually be felt in every
industry and in every country.
While we cannot foresee how the workspace in
the future will turn into but with the incorporation of smart technological
operations; capture of business, enhancement of workforce capabilities, working
pattern, etc. will surely take place at a rapid speed.
The trend will surely merge the real and the
virtual world and with the extensive use of artificial intelligence, more human
jobs will be taken away. Malaysia is already trying to keep at pace with
Revolution 4.0, with core technologies like Artificial Intelligence , Robotic Process Automation, and Internet of Things being invested in.
If access to information can be made easier for Malaysia, the time is not far
away when it transforms to a design and manufacturing hub.
It can well be predicted that a large part of
the jobs inclusive of the ones like distress managers, photographers, clergy,
etc. will face a large impact owing to robotization. Likewise, taxi drivers,
anglers, bakers, models, and fast food workers are likely to be reinstated by
technology.
To combat such a situation, employees
ostensibly should keep honing their present skill sets and start to master
competencies beyond their Key Result Areas. The focus must be on deep-rooted learning and
training of the employees. This way we will be equipped with many advanced
technological disciplines and may go through a seamless industrial revolution
journey.
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