{"id":104805,"date":"2023-05-31T13:57:00","date_gmt":"2023-05-31T17:57:00","guid":{"rendered":"https:\/\/www.shortform.com\/blog\/?p=104805"},"modified":"2023-06-09T13:58:24","modified_gmt":"2023-06-09T17:58:24","slug":"what-is-the-fourth-industrial-revolution","status":"publish","type":"post","link":"https:\/\/www.shortform.com\/blog\/what-is-the-fourth-industrial-revolution\/","title":{"rendered":"What Is the Fourth Industrial Revolution &#038; Should You Worry?"},"content":{"rendered":"\n<p>What is the fourth <a href=\"https:\/\/www.shortform.com\/blog\/what-caused-the-industrial-revolution\/\">industrial revolution<\/a>? How is this revolution different than the previous three?<\/p>\n\n\n\n<p>While previous moves from manual labor to automation left many blue-collar workers jobless, this latest disruption threatens to displace white-collar workers for the first time. Career experts say now is the time to think about your place in this Industrial Revolution.<\/p>\n\n\n\n<p>Here&#8217;s a look at the AI revolution and how it may affect jobs in the future.<\/p>\n\n\n\n<!--more-->\n\n\n\n<h2 class=\"wp-block-heading\">The Fourth Industrial Revolution<\/h2>\n\n\n\n<p>With the rise of artificial intelligence (AI), some argue that <a href=\"https:\/\/www.foreignaffairs.com\/world\/fourth-industrial-revolution\" target=\"_blank\" rel=\"noreferrer noopener\">the Fourth Industrial Revolution is upon us<\/a>\u2014and it\u2019s markedly different from revolutions past. Previous disruptive technologies (the steam engine in the 1700s, electricity and mass production in the 1800s, and information technology and automation in the 1900s) left many blue-collar workers jobless. But this time around, <strong>the new tech threatens to displace a whole other sector: white-collar workers.<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-why-some-experts-are-worried\"><strong>Why Some Experts Are Worried<\/strong><\/h3>\n\n\n\n<p>Some experts predict that <a href=\"https:\/\/www.businessinsider.com\/generative-ai-chatpgt-300-million-full-time-jobs-goldman-sachs-2023-3\" target=\"_blank\" rel=\"noreferrer noopener\">AI will have an impact on around 300 million jobs<\/a>, and those most at risk are the ones requiring more education and higher salaries. That\u2019s because the latest versions of AI enable junior employees to supplement their knowledge and catch up to more experienced, higher-paid employees. It\u2019s estimated that globally, <a href=\"https:\/\/www.businessinsider.com\/tech-jobs-arent-coming-back-2023-4?inline-endstory-related-recommendations=\" target=\"_blank\" rel=\"noreferrer noopener\">250,000 workers in tech have already lost their jobs<\/a> since the beginning of 2022.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>AI Could Put Freelance Writers Out of Work<\/strong><\/h4>\n\n\n\n<p>Some businesses that have hired writers on freelance marketplace platforms say that <strong><a href=\"https:\/\/www.shortform.com\/blog\/future-of-communication\/\">AI chatbots<\/a> produce more content than humans, <\/strong><a href=\"https:\/\/www.forbes.com\/sites\/rashishrivastava\/2023\/04\/20\/ive-never-hired-a-writer-better-than-chatgpt-how-ai-is-upending-the-freelance-world\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>better, faster, and for free<\/strong><\/a>. Those who believe that AI-generated content will, at the very least, satisfy <a href=\"https:\/\/www.vox.com\/culture\/23700519\/writers-strike-ai-2023-wga\" target=\"_blank\" rel=\"noreferrer noopener\">easily placated audiences<\/a> will likely turn away from freelancers. <\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>AI Could Kill Freelance Marketplace Platforms\u00a0<\/strong><\/h4>\n\n\n\n<p>Other businesses using freelance marketplace platforms are<strong> unhappy that freelance writers are <\/strong><a href=\"https:\/\/www.forbes.com\/sites\/rashishrivastava\/2023\/04\/20\/ive-never-hired-a-writer-better-than-chatgpt-how-ai-is-upending-the-freelance-world\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>using AI chatbots to do some or all of their work<\/strong><\/a><strong> and, as a result, they\u2019re displeased with marketplace platforms<\/strong>, like Fiverr. Businesses seeking authentic content are increasingly irritated that freelancers are bombarding them with project proposals nearly identical to ones generated by chatbots, and a growing number of them are asking platforms for their money back. They\u2019re also initiating transactional disputes that could hurt platforms&#8217; bottom line and put their future in jeopardy.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-and-why-others-aren-t\"><strong>\u2026and Why Others Aren\u2019t<\/strong><\/h3>\n\n\n\n<p>On the other hand, some experts are more optimistic, saying that <a href=\"https:\/\/www.economist.com\/business\/2023\/03\/06\/dont-fear-an-ai-induced-jobs-apocalypse-just-yet\" target=\"_blank\" rel=\"noreferrer noopener\">we\u2019re still a long way from mass-replacing humans with robots<\/a>. They argue that companies tend to be slow to adopt new \u201csmart\u201d equipment, preferring to stick to old but reliable machines and cheap outsourced labor. History has also shown that <strong>disruptive technologies lead to job loss in the short term but create <em>more<\/em> jobs and fuel economic growth in the long term<\/strong>.\u00a0<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-how-to-stay-relevant-when-robots-may-rule\"><strong>How to Stay Relevant When Robots (May) Rule<\/strong><\/h3>\n\n\n\n<p>If you\u2019re worried about your <a href=\"https:\/\/www.shortform.com\/blog\/career-security\/\">job security<\/a>, experts have a number of <a href=\"https:\/\/www.forbes.com\/sites\/forbescoachescouncil\/2017\/11\/22\/worried-about-ai-taking-over-here-are-13-ways-you-can-protect-your-job\/?sh=79297a4622e4\" target=\"_blank\" rel=\"noreferrer noopener\">tips to help you future-proof your career<\/a>. The main takeaway is to <strong>stay flexible and be a lifelong learner<\/strong>. You can do this by:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.inc-aus.com\/john-hall\/7-ways-to-identify-and-evolve-with-industry-trends.html\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Being aware of trends<\/strong><\/a><strong> in your field.<\/strong> Read reports written by industry leaders, follow reputable blogs and publications in your industry, and attend conferences to stay on top of industry developments.<\/li><li><strong>Expanding or updating your skill set.<\/strong> There are <a href=\"https:\/\/hbr.org\/2022\/12\/5-ways-to-acquire-new-skills-without-going-back-to-school\" target=\"_blank\" rel=\"noreferrer noopener\">ways to upskill or second-skill<\/a> outside of traditional schooling. You can enroll in an online course (from providers like Coursera and edX or top universities like MIT, Harvard, and Yale), sign up for an internship, take on additional work from another department (as long as it doesn\u2019t get in the way of your job), or find a mentor.\u00a0\u00a0<\/li><\/ul>\n\n\n\n<p>If you\u2019re taking an \u201cif you can\u2019t beat \u2019em, join \u2019em\u201d approach, <a href=\"https:\/\/www.sciencefocus.com\/future-technology\/automation-the-next-industrial-revolution\/\" target=\"_blank\" rel=\"noreferrer noopener\">consider AI jobs in quickly growing fields<\/a>. Aside from prompt engineers (<a href=\"https:\/\/www.vice.com\/en\/article\/n7ebkz\/writers-are-becoming-ai-prompt-engineers-a-job-which-may-or-may-not-exist\"><strong>\u201cprompt engineers\u201d<\/strong><\/a>\u2014workers who provide AI tools with phrases that enable the technology to generate accurate, relevant responses), another emerging profession is that of <a href=\"https:\/\/www.coursera.org\/articles\/what-is-machine-learning-engineer\" target=\"_blank\" rel=\"noreferrer noopener\">machine learning engineers<\/a>\u2014a hybrid of data scientists and software engineers\u2014who design and develop AI and improve it after analyzing data.\u00a0<\/p>\n\n\n\n<p>Those with a non-coding background can look into jobs that will become increasingly relevant as businesses pivot to using new technologies: <a href=\"https:\/\/ca.indeed.com\/career-advice\/career-development\/business-processes-reengineering\" target=\"_blank\" rel=\"noreferrer noopener\">process re-engineering<\/a>, which involves making changes to the way businesses run; <a href=\"https:\/\/www.mckinsey.com\/capabilities\/mckinsey-digital\/our-insights\/data-ethics-what-it-means-and-what-it-takes\" target=\"_blank\" rel=\"noreferrer noopener\">data ethics<\/a>, which ensures the appropriate use of data, from collection to insights; and <a href=\"https:\/\/www.causal.app\/define\/business-case-development-0#:~:text=Business%20case%20development%20is%20the,considerations%20associated%20with%20the%20project.\" target=\"_blank\" rel=\"noreferrer noopener\">business case development<\/a>, which involves analyzing project costs, benefits, and risks to help companies make informed decisions.<\/p>\n\n\n\n<p>According to career experts, perhaps the most important thing you can do in the age of robots is not to try to compete with machines but to <strong>lean into <a href=\"https:\/\/www.shortform.com\/blog\/what-makes-you-special\/\">what makes you unique<\/a> and irreplaceable: your humanity<\/strong>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is the fourth industrial revolution? How is this revolution different than the previous three? While previous moves from manual labor to automation left many blue-collar workers jobless, this latest disruption threatens to displace white-collar workers for the first time. Career experts say now is the time to think about your place in this Industrial Revolution. Here&#8217;s a look at the AI revolution and how it may affect jobs in the future.<\/p>\n","protected":false},"author":8,"featured_media":104807,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[81,24,30],"tags":[727],"class_list":["post-104805","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economics","category-society","category-work","tag-articles","","tg-column-two"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.3 (Yoast SEO v24.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What Is the Fourth Industrial Revolution &amp; Should You Worry? - Shortform Books<\/title>\n<meta name=\"description\" content=\"The Fourth Industrial Revolution is upon us thanks to AI. We&#039;ll take a look at what this means for jobs and what you can do to prepare.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.shortform.com\/blog\/what-is-the-fourth-industrial-revolution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What Is the Fourth Industrial Revolution &amp; Should You Worry?\" \/>\n<meta property=\"og:description\" content=\"The Fourth Industrial Revolution is upon us thanks to AI. We&#039;ll take a look at what this means for jobs and what you can do to prepare.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.shortform.com\/blog\/what-is-the-fourth-industrial-revolution\/\" \/>\n<meta property=\"og:site_name\" content=\"Shortform Books\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-31T17:57:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-09T17:58:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/s3.amazonaws.com\/wordpress.shortform.com\/blog\/wp-content\/uploads\/2023\/06\/artificial-intelligence.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1193\" \/>\n\t<meta property=\"og:image:height\" content=\"679\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Hannah Aster\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Hannah Aster\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.shortform.com\/blog\/what-is-the-fourth-industrial-revolution\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/what-is-the-fourth-industrial-revolution\/\"},\"author\":{\"name\":\"Hannah Aster\",\"@id\":\"https:\/\/www.shortform.com\/blog\/#\/schema\/person\/f39f52830e4f7039a16e45d12354542f\"},\"headline\":\"What Is the Fourth Industrial Revolution &#038; Should You Worry?\",\"datePublished\":\"2023-05-31T17:57:00+00:00\",\"dateModified\":\"2023-06-09T17:58:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/what-is-the-fourth-industrial-revolution\/\"},\"wordCount\":768,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/what-is-the-fourth-industrial-revolution\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2023\/06\/artificial-intelligence.jpg\",\"keywords\":[\"Articles\"],\"articleSection\":[\"Economics\",\"Society\",\"Work\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.shortform.com\/blog\/what-is-the-fourth-industrial-revolution\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.shortform.com\/blog\/what-is-the-fourth-industrial-revolution\/\",\"url\":\"https:\/\/www.shortform.com\/blog\/what-is-the-fourth-industrial-revolution\/\",\"name\":\"What Is the Fourth Industrial Revolution & Should You Worry? - Shortform Books\",\"isPartOf\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/what-is-the-fourth-industrial-revolution\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/what-is-the-fourth-industrial-revolution\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2023\/06\/artificial-intelligence.jpg\",\"datePublished\":\"2023-05-31T17:57:00+00:00\",\"dateModified\":\"2023-06-09T17:58:24+00:00\",\"description\":\"The Fourth Industrial Revolution is upon us thanks to AI. 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