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Emerging New Technologies and Industrial Revolution

Emerging New Technologies and Industrial Revolution

Rauno Rusko, Mika Kosonen
Copyright: © 2023 |Pages: 21
ISBN13: 9781799892205|ISBN10: 1799892204|EISBN13: 9781799892212
DOI: 10.4018/978-1-7998-9220-5.ch129
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MLA

Rusko, Rauno, and Mika Kosonen. "Emerging New Technologies and Industrial Revolution." Encyclopedia of Data Science and Machine Learning, edited by John Wang, IGI Global, 2023, pp. 2161-2181. https://doi.org/10.4018/978-1-7998-9220-5.ch129

APA

Rusko, R. & Kosonen, M. (2023). Emerging New Technologies and Industrial Revolution. In J. Wang (Ed.), Encyclopedia of Data Science and Machine Learning (pp. 2161-2181). IGI Global. https://doi.org/10.4018/978-1-7998-9220-5.ch129

Chicago

Rusko, Rauno, and Mika Kosonen. "Emerging New Technologies and Industrial Revolution." In Encyclopedia of Data Science and Machine Learning, edited by John Wang, 2161-2181. Hershey, PA: IGI Global, 2023. https://doi.org/10.4018/978-1-7998-9220-5.ch129

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Abstract

The economic history is full of technical disruptive innovations, which have changed the markets and the ways of living and business. The innovations, starting from steam power, electricity, telegraphs, internal combustion engine, and continuing with mainframes, PCs, the internet, and mobile/social networking, have changed the business world. Still, new disruptive technologies are developing, and new innovations are emerging. This study maps the drivers of industrial revolution and considers the promising contemporary potentially disruptive innovations, such as blockchain technology and cybernetics. This article suggests the existence of two (or even more) industrial revolutions at the same time.

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