So what will the 5th industrial revolution look like?? A leap into our minds for third party agendas

By Ma'an Barazy - President / Founder  Entrepreneurs Ventures Network – HOLDING SAL - Data and Investment Consult Lebanon SARL - President Founder of the National Council for Entrepreneurship and Innovation

If connecting technology to humans – Cyber-Physical – is known as the 4th industrial revolution; then the interpretation of this data by algorithms will be the fruits of the new data science perimeter. The everyday interpretation of your data how you have used to your mobile phone, tablet or device to manage your life is just the beginning of 5.0.

Billions of sensors are recording information, sending it back to the Cloud to be saved and analyzed. The 4th industrial revolution is not just a technology platform but the advances in communication and connectivity, such as 3G to 4G to 5G. Changes in manufacturing like 3D printing will see us stop transporting finished goods over the world but instead transport raw materials to then printed and assembled locally.

My take into this is that technology will open new frontiers and new paradigms into the meaning of connectivity. Conversations about DevOps often assume that all DevOps processes happen internally. The 5th industrial revolution will connect this data directly to our minds and possibly interpret and/or predict our ( consumer / psychological ) behavior. Moreover, this trend will be keen to globalize this behavior and standardize our next reaction for third party agendas. In reality, many software delivery pipelines depend on third-party resources and services. Consider the following examples of ways companies could make their software delivery chains dependent in part upon third-party agendas:

• They integrate open-source code into their codebases and therefore depend on an open-source community to write some of their code.
• They maintain relationships with partners and need to be sure their release schedules and toolchains are compatible with their partners’ needs.
• They need to make sure the applications they deliver work on different operating systems, browsers and hardware devices that are controlled by third parties.
• They are subject to regulatory rules handed down by third parties and must ensure their delivery chains meet those regulatory requirements.
• Their applications depend on APIs that are designed and updated by third parties.

In these ways and more, the CI/CD pipelines organizations build to do DevOps need to be able to integrate with, and adapt to, decisions made by third parties. If they don’t, the organizations risk problems such as broken code, the loss of partners and regulatory compliance issues.

The 5th industrial revolution, the AI revolution, has already begun. Like other ‘revolutions’ it will build on the one before it and change the socio-economic situation for all mankind. AI and robotics will change how we work, and I believe the typical 9-5 job will disappear. Humans will have more leisure time and governments will have to rethink economics.

Many of us have already labeled the newcomer as the new developments in Artificial Intelligence as 3D-printing, wearable technology, robots. driverless cars … everything will be readily available and will make lives simpler and faster. Other writers already scale it vis a vis focusing on the higher form of intelligence. Now humankind is ready to take the big plunge and step into space. In any case and in the future, we can only expect technology to become more superior and sophisticated in every sense: augmented reality, big data, virtual reality, artificial intelligence and the most disruptive one—cryptocurrency—are a few to name.

the 5th revolution wil certainly be led by the new generation. Generation Z, sometimes called the ‘IGen’, is replacing Millennials as the youngest members of the workforce. Born in the mid-1990s they have grown up managing their personal brand on Instagram, Snapchat and other social media platforms. The very latest technology is a natural part of their lives.

They are independent and competitive, happy to work alone and to be judged on their own merits. They demand honesty and transparency their peers, the brands they engage with, and from future employers.

Consequently, they relate more easily to an individual brand, are entrepreneurial and more likely to step out of the big corporate environment to explore new workplace experiences. Portfolio careers will be normal. And unlike the demand in the noughties for a greater work-life balance – something accountancy firms have worked hard to achieve - Generation Z aspires to work-life integration, where the two are seamlessly blended to suit their own needs.

Employers today have to manage a workforce with differing needs – the older Baby Boomers approaching retirement, Generation X in senior management roles, Millennials and now Generation Z. 

The definition of industrial revolution includes the use of sophisticated machinery to make the work of humans easier and faster. Today, that includes robotics, machine learning, artificial intelligence and a lot more things that nobody could think would become a part of the industrial revolution someday.

My other take is that this new paradigm will have more values and heart than its predecessors. In a sense, it will be a manifestation of consensus and broader democratization. The first area it will hit will be replacing FIAT money with Cryptocurrency is something so revolutionary that it is making news every day. Bitcoin’s price is touching the sky and investors of cryptocurrency believe that the prices are sure to touch the moon in coming years. Industry not only runs on machinery or ideas, but also on the money. Today, people are spending their hard cash and fiat currency to buy crypto coins, including Bitcoin, Ethereum, Litecoin, Ripple, Monero, Dash, Golem IOTA and even tokens (ICOs). A popular crypto-exchange claims it adds more than 30,000 new user accounts every day—a number not to be ignored! The way we work has already changed dramatically in recent years. Most of us no longer work for one company our whole lives, instead preferring to move around for new experiences, a better salary and conditions. There is also the “gig economy”, where people work for a specific project or event. This new way of working is now forcing companies to change, realizing they must step up to attract top talent and provide the technology that is so critical in the decision-making process. It is true, cryptocurrency currently is not regulated or controlled by any government, but it’s possible governments could impose taxes on the income generated from it in future. There is still much to be worked out in making cryptocurrency a validated form of currency. But even high-end investors such as Warren Buffet claim cryptocurrency is here to stay, and it is indeed something that will bring a bigger revolution than expected.

This leaves businesses and their advisers in uncharted territory. Employers of tomorrow will at the very least have to adopt more lenient working practices. They will have to accommodate a generation that will either pass through a business or provide learning and development and the latest technology to hold on to them.