Abstract
In today’s era, the role of technology is intruded in each and every life of a human. The upgradation of technology yields us the comfort and efficient way in performing the task which is desires. At present many sectors started to find the efficient way of accomplishing the task in the desired time. So technological aspect has been handled by the industries to sustain itself in the sector for a long run perspective. So, the competitive environment forces to sustain a new technology into the business, for retaining the customers who were loyal to the company. Even a small sector having the heavy competition between the companies, that were present inside the sector itself. Artificial intelligence is a program, that helps to obtain the result in a efficient way. Many companies started to adopt the new space, which consist of AI to tackle the in-efficiencies, that are within the businesses. The first industrial revolution, developed the transportation which guided the business to transport the goods from one place to other. The second industrial revolution, leads to a new improvement in the field of electrical areas. The third industrial revolution starts to upgrade it’s manua thing into computerized thing. The fourth industrial revolution, starts to focus on the areas of internet-of-things, cyber based areas and cloud computing. At present the globe has shifted from the fourth to fifth industrial revolution, which consist of involving AI into the businesses for fulfilling the customers expectations as soon as possible. The role of industries into the human life is important for the development of a country. So, the industrial revolution will peak the economical development within the country.
References
https://10xds.com/blog/benefits-of-artificial-intelligence-ai/
https://www.twi-global.com/technical-knowledge/faqs/industry-5-0
https://research-and-innovation.ec.europa.eu/research-area/industrial-research-and- innovation/industry-50_en
https://link.springer.com/chapter/10.1057/9780230505315_2
https://www.investopedia.com/terms/i/industrial-revolution.asp#:~:text=The%20Industrial%20Revolution%20shifted%20societies,ru ral%20areas%20to%20urban%20areas.