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IoT short for Internet of things & Cyber physical systems are going to shape the the future of technology and the 4th industrial revolution or industry 4.0 The quote from the "Economist" in 2017 "The world's most valuable resource is no longer oil, but data" holds true today more than ever before. Internet of Things is one of the pillars of the 4th industrial revolution. With the increase in adoption of different technologies such as Machine Learning, Augmented Reality, Cyber Physical Systems and IoT, the world of digital transformation is about to take another leap in the next few years. The technological advancements around the world is directly proportional to the growth of global automation which is driven by the Internet of Things and Cyber physical systems. These systems will provide the foundation of our critical infrastructure, form the basis of emerging and future smart services, and improve our quality of life in many areas. While Internet of Things takes care of the connections between objects and machines to the internet, Cyber physical systems are machines in which a mechanism is controlled or monitored by computer-based algorithms. Other phrases that you might hear when discussing Internet of Things and Cyber physical systems are Smart Anything: Manufacturing, agriculture, Cities, Buildings, Homes, pills etc. #IoT #CyberPhysicalSystems #InternetofThings SUBSCRIBE to our channel "Science Time": https://www.youtube.com/sciencetime24 SUPPORT us on Patreon: https://www.patreon.com/sciencetime BUY Science Time Merch: https://teespring.com/science-time-merch Sources: The Law of Accelerating Returns https://www.kurzweilai.net/the-law-of-accelerating-returns Internet of Medical Things - https://aabme.asme.org/posts/internet-of-medical-things-revolutionizing-healthcare NIST - https://www.nist.gov/el/cyber-physical-systems Agriculture 4.0 - https://www.agroscope.admin.ch/agroscope/en/home/topics/economics-technology/smart-farming.html "Ray Kurzweil Talks at Google" https://www.youtube.com/watch?v=zihTWh5i2C4 "Moore's Law" https://en.wikipedia.org/wiki/Moore%27s_law#/media/File:Moore's_Law_Transistor_Count_1971-2018.png "Elon Musk at SpaceX" https://www.youtube.com/watch?v=H7Uyfqi_TE8&t=0s "Tesla" https://www.youtube.com/watch?time_continue=3&v=NfMtONBK8dY "AutoX" https://www.youtube.com/watch?v=UoSU3F9lXKM http://www.autox.ai/en/index.html

Updated Sept 2023: Business as usual is dead. Increasingly, science fiction is becoming science fact. Exponential technologies are rapidly changing our lives and societies, every day, everywhere. We will need different skills, and we will need to get much better at driving change - or we will be driven by it. Most importantly, we should embrace technology but not become it. Anything that can be digitized or automated, will be - and anything that cannot be digitized or automated will become extremely valuable. We must go beyond technology to define real human values in this new digital ecosystem. #thegoodfuture #techvshuman #futurist #keynotespeaker 0:00 - Intro 0:07 - Business as usual is dead or dying 0:44 - Science fiction is becoming science fact 1:23 - The exponential change 1:59 - Human traits will become extremely important 2:50 - The technological how and human why 3:30 - embrace technology, don't become it This film was originally produced in association with Accenture ****Have a look at my other films **** Look Up Now (2023): AI and the Future of Humanity: www.lookupnow.tv TWICE UPON A TIME: https://youtu.be/BanqTNbTotU The Good Future https://www.thegoodfuturefilm.com or https://youtu.be/yHC5n7G5SeI All about AI: http://www.weneedtotalkaboutai.com or https://youtu.be/XUVS5d3-Bis The future of work: http://www.howthefutureworks.tv or https://youtu.be/PEmyJNTraZg http://www.thegoodfutureexplained.com Most of Gerd's videos can also be downloaded via my vimeo channel i.e. http://www.storiesfromthefuture.tv #thegoodfuture #techvshuman #futurist Please subscribe to this channel to never miss a thing, and be sure to share Gerd's videos if you like them. And hit that notification bell:)) Sign up for Gerd's 'Best Reads & Finds' curated futurist newsletter at http://www.gerd.digital/ Audio-only versions of most of Gerd's videos are available via SoundCloud https://soundcloud.com/gleonhard/tracks, and Spotify see https://gerd.fm/spotify Gerd Leonhard Futurist, Author and Keynote Speaker Zürich / Switzerland http://www.futuristgerd.com ****For all booking inquiries please go here https://www.futuristgerd.com/contact/booking-inquiry/ Twitter: @gleonhard If you enjoy my videos and talks, please take a look at my best-selling book “Technology vs Humanity” http://www.techvshuman.com - it's now available in 12 languages! Twitter: @gleonhard Newsletter: www.gerd.digital Executive Producer and narrator: Gerd Leonhard Producer and Art Director: Jean-Francois Cardella Script: James McCabe After Effect: Sylvain Collet Sound mixing: Jeremy Joly Music by https://audiojungle.net/item/action-sport-dubstep/11529916