The Third Industrial Revolution

The third industrial revolution was not accompanied by protests, riots, or violence. It happened very gradually, without a clear start or end point.

Some sources refer to the third industrial revolution as the fourth industrial revolution in the context of Industry 4.0 (such as The Economist. The third industrial revolution www.economist.com/node/21553017 accessed January 2016 and Jeremy Rifkin. The Third Industrial Revolution: How Lateral Power Is Transforming Energy, the Economy, and the World. St. Martin's Griffin. 2013). The Germans have optimized their production, and this has led to the third industrial revolution in Germany. In the US, however, production was more outsourced than optimized during that time. Therefore, they had no industrial revolution in the traditional manufacturing industry sense. Instead, they had another kind of revolution: the rise of the software industry. The result was the outstanding success of companies such as IBM, Microsoft...