4 myths about manufacturing in the Fourth Industrial Revolution

Feb 4, 2019

Prices of robots are falling Image: REUTERS/Stringer

Ian Cronin

Community Curator, Shaping the Future of Advanced Manufacturing and Value Chains, World Economic Forum

Diego Hernandez Diaz

Engagement Manager, McKinsey & Company

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Fourth Industrial Revolution

Robotics prices versus labour cost

Economic gains by AI adoption frontrunners, followers and laggards

Expected average reskilling needs across companies, by share of employees, 2018-2022

Image: McKinsey Global Institute

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