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SERBIA AND THE FOURTH INDUSTRIAL REVOLUTION
Authors: Živojin B. Prokopović, Karolina S. Prokopović, Borivoje B. Prokopović
Number of views: 244
Today the categories: technological innovation, productivity growth, changes in production organization, market liberalization, the changed role and importance of the state and consumerism, which has become the dominant cultural pattern, are increasingly being questioned. Taken together or individually, these categories have been celebrated over the past decades as an expression of the freedom that has been imposed as a fundamental value and measure of human progress. Since then, centuries have passed, and here we are in an era called the "Fourth Industrial Revolution." Serbia is well known to have missed two technological revolutions in the past almost three decades and would finally have to join the fourth. The transition to Industry 4.0, i.e. the complete digitization of complete industrial production, is a chance for faster economic growth, further dynamic export growth and job creation. The silent digital revolution is, therefore, underway in Serbia today, and it is closely watching this process