INFLUENCE OF THE 4TH INDUSTRIAL REVOLUTION ON THE MANUFACTURING SECTOR OF THE ECONOMY

Bykonya Maxim Petrovich

Industrial revolutions are one of the key drivers of the development of society, its standard of living and its achievements. This article analyzes the impact of industrial revolutions that began in the 18th century and spread throughout the world over the next 3 centuries. The influence on the features and role of human labor in the production process from 1 to 4 of the Industrial Revolution is considered. As a result of the analysis of the 4th Industrial revolution, the key transformation processes related to human labor and the key aspects of the implementation of the transformation processes themselves were identified.

Keywords:industrial revolution; industrialization; industry 4.0; labor productivity; Internet of Things