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What is industry 4.0?

I've long wondered what is meant by industry 4.0. Some shining techno world of robots and Artificial Intelligence? Or the end of batch production for individualised goods (although we have been told this is happening for the last thirty or so years). The rise of service - although how does this relate to industry and it is hardly new? And whatever was Industry 3.0, 2.0 and 1.0 for that matter?

Erinc Yeldan, Professor of Economics at Yasar University, sums it up pretty well writing in Social Europe. In an article entitled "Beyond Fantasies Of Industry 4.0", he says"

As a popularized futuristic concept for the 21st Century, “Industry 4.0” reveals a Messianic expectation of a technological revolution encompassing the utilization of advance techniques of digital design and robotics for the production of “high value-added goods”. It doesn’t matter in this conjuncture, nor of relevance, to ask what the characteristics of the first three episodes of industrialization were, and why do we conceptualize the emerged fourth industrial advance with a digitalized mark (4.0), rather than in plain English. It seems what matters now is the urgent need for creating an image of vibrant capitalism serving its citizens in the embrace of globalization.

If we accept the idea of Industry 4.0 as real (and I am highly dubious), Erinc thinks the question of ownership is critical for the future:

..to whom will the ownership rights of the robots belong? States as owners of public (-?) capital? Private ownership as organized along trans-national corporations under the post-imperialist phase of global capital? Men and women of the scientific community who in the first place designed and projected them? Or perhaps, a de-centralized, democratically operating societal network, above and beyond nation states?

Although I agree, this is just a part of the argument about teh future of technology. Technology is not a natural phenomenon, it is a socially derived process. How we use technology - for private profit or for public good is a political and social issue. It is long time the meanings and assumptions of the Industry 4.0 fantasy were explored from a social viewpoint.

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