Telangana and the World Economic Forum (WEF) have agreed to establish a Centre for the Fourth Industrial Revolution (C4IR Telangana) in Hyderabad.
- C4IR is a global initiative by WEF to collaborate with various sectors to tackle challenges and opportunities of the Fourth Industrial Revolution (4IR).
- 4IR refers to the integration of AI, robotics, IoT, blockchain, 3D printing, genetic engineering, and other technologies, blurring the lines between the physical, digital, and biological realms.
- Recent examples: A pacemaker with wireless sensors that will dissolve in the human body after completing its job was unveiled by the US researchers.
- C4IR Telangana will be WEF's 19th centre globally and the 2nd in India, following Maharashtra.
- It will be the world's 1st centre focusing on health tech and life sciences, acting as a 'Life Sciences Hot Spot' in Asia.
- The not-for-profit, autonomous centre will lead in healthcare policy formulation and implementation.
- It aims to promote technologies in genomics, personalized medicine, and healthcare manufacturing, emphasizing the intersection of life sciences and technology regionally and globally.
- Leveraging (taking advantage) the state's strengths like talent pool and infrastructure, it will align with government industrial policies.
Other Industrial Revolutions:
- First (1800s): Utilized water and steam power for mechanization, e.g., Steam engine.
- Second (early 1900s): Employed electric power for mass production, e.g., Electricity.
- Third (late 1900s): Used electronics & IT for production automation, e.g., Computer and Internet.
Concerns associated with 4IR
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- Automation and AI adoption in Industry 4.0 could lead to widespread job loss due to job displacement.
- The interconnectedness of Industry 4.0 raises cybersecurity risks, threatening privacy for businesses and individuals.
- Advanced AI and automation raise ethical concerns regarding accountability, bias, and transparency.
- Disparities in digital infrastructure contribute to a digital divide and uneven economic growth across countries.
Status in India
- India aims to become a global manufacturing hub, focusing on 3D printing, machine learning, data analytics, and IoT for industrial growth.
- Initiatives like the Modern Coach Factory (MCF) in Raebareli, Uttar Pradesh, introduce smart railway coaches equipped with sensors for passenger comfort.
- The Smart Advanced Manufacturing and Rapid Transformation Hub (SAMARTH) scheme, launched in May 2020, aims to raise awareness of 4IR technologies among stakeholders.
- India announced several 4IR-driven projects, including Drone Shakti, to support start-ups facilitating drone services.
- The Fourth Industrial Revolution for Sustainable Transformation (FIRST) Cancer Care model employs 4IR technologies for improved healthcare.
- The pan-India 3D maps program launched in February 2022 by Genesys International aims to facilitate 4IR-based projects like driverless cars in smart cities.