Markus Lorenz: Industry 4.0: how intelligent machines will transform everything we know

The fourth industrial revolution is upon us: machines infused with intelligence. This transformation will transform how manufacturing works today, making it 30% faster and 25% cheaper because a machine will know when it makes a mistake and will correct itself. He estimates that the next generation of industrialization could save the food industry alone $50 billion dollars a year. Markus Lorenz explores the many ways this manufacturing revolution will impact the economy, and what kinds of other jobs this new