Economic aspects for ensuring justice in the context of the industrial development system formation

History knows many revolutions throughout the existence of mankind. Currently, all over the world there are changes concerning different spheres of public life, initiated by high-tech improvement of production technologies. This will lead the world to the Fourth industrial revolution, and, according to many experts, it has already begun. The fourth industrial revolution, or ‘industry 4.0’– is the projected changes in all spheres of public life, due to the current trend towards automation and information exchange in production technologies. This term was introduced by the President of the world Economic Forum Klaus Schwab. According to his vision, this is the concept that we are on the threshold of a new era, where the virtual world is combined with the physical through technology. This is the fourth global industrial era to come since the first industrial revolution of the eighteenth century. It is expected that these transformations will be supported by technologies such as cyberphysical systems, the Internet of things, artificial intelligence, robotics, cloud technology, 3D printing, and quantum computing. © 2019, by ASERS® Publishing.

Authors
Publisher
ASERS Publishing House
Number of issue
5
Language
English
Pages
1408-1414
Status
Published
Volume
10
Year
2019
Organizations
  • 1 Department of History of Law and State, Peoples' Friendship University of Russia, RUDN University, Moscow, Russian Federation
Keywords
Cyber physical systems; Digital economy; Production technologies
Date of creation
02.11.2020
Date of change
02.11.2020
Short link
https://repository.rudn.ru/en/records/article/record/65733/
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