Changes in productivity, like changes in birth rate, take place in modest degrees and gradually, and they require long periods to take effect. They stem primarily from advances in the productive process. The first big gains occurred during the Industrial Revolution of roughly 1760 to 1830, when human labor was replaced by machines driven by steam and water power, and when large factories replaced the work that was done less efficiently in small shops and at home. The second major gains occurred in the late 19th and early 20th centuries, when electricity and automobiles replaced older and less-efficient forms of power and transportation. The third major change occurred in the latter half of the 20th century, when computers and other forms of automated control began to take the place of humans in guiding production machinery. And, of course, the fourth wave is underway now, during the Information Age, as massive advances in information acquisition, storage and application—and such activities as metadata and artificial intelligence—are permitting tasks to be accomplished that weren’t dreamed of in the past.
We humans want everything fast…. take a lean production class and bam! were off to better productivity, it takes time and commitment to introduce lasting change, the world will shift as with the tides and phases…
Changes in productivity, like changes in birth rate, take place in modest degrees and gradually, and they require long periods to take effect. They stem primarily from advances in the productive process. The first big gains occurred during the Industrial Revolution of roughly 1760 to 1830, when human labor was replaced by machines driven by steam and water power, and when large factories replaced the work that was done less efficiently in small shops and at home. The second major gains occurred in the late 19th and early 20th centuries, when electricity and automobiles replaced older and less-efficient forms of power and transportation. The third major change occurred in the latter half of the 20th century, when computers and other forms of automated control began to take the place of humans in guiding production machinery. And, of course, the fourth wave is underway now, during the Information Age, as massive advances in information acquisition, storage and application—and such activities as metadata and artificial intelligence—are permitting tasks to be accomplished that weren’t dreamed of in the past.
The speed of the fourth industrial revalution is coming at a speed that human kind has never seen before, we are used to slow gradual change. This rate in change will leave a lot of people behind… I myself am not really sure how this will have an effect of those people