Exploratory Research of 4IR Impact in Different Areas of Activity

Florian Răpan () and Ivona Răpan ()
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Florian Răpan: Dimitrie Cantemir Christian University, Bucharest, Romania
Ivona Răpan: Romanian Academy, Institute of National Economy, Bucharest, Romania

Proceedings of the 19th International RAIS Conference, October 18-19, 2020 from Research Association for Interdisciplinary Studies

Abstract: Recently, in last few months, due to the emergence and amplification of the COVID-19 crisis, Industry 4.0 or the so called 4IR has developed rapidly in various areas of activity such as economic, social, medical, environmental, education, military and not only. This spread of technology has went through among the pillars of sustainability creating new needs, new types of demand and new forms of employment. The labor market has suffered from the replacement of employees with robots and robot process automation (RPA) by eliminating errors, vanishing and generating new jobs. Developing collaborative platforms have led to a new employee salary payment system and to a new way of working among employees. Assisted artificial intelligence operates instead surgeons with high precision. Internet of Things creates a personal network of the individual through which all the objects with which he interacts daily are harmoniously correlated only using a simple Internet connection. Globally and according to the UNO 2030 Agenda, the direction set is to digitize and implement technologies and tools in the Industry 4.0 that will lead to technological progress and the growth of emerging economies and even more growth to the developed ones. The paper comprise an exploratory research, a comparison analysis conducted in different areas of activity to settle the implementation of industry 4.0 within the regions and countries, generating a development ranking progress and forecasts for 2025.

Keywords: 4IR; exploratory research; sustainability; robots; labor market force (search for similar items in EconPapers)
Pages: 7 pages
Date: 2020-10
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Published in Proceedings of the 19th International RAIS Conference on Social Sciences and Humanities, October 18-19, 2020, pages 91-96

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