THIRD INDUSTRIAL REVOLUTION - Working Paper
Industrial revolutions have had a profound impact on shaping the way we produce things, where we live, and our progress towards more equitable and prosperous societies. The first and second industrial revolutions were driving forces in the shaping of modern-day society. Those revolutions witnessed significant changes over two and a half centuries – in ideology, social hierarchy, manufacturing and distribution, international relations, trade linkages and, most notably, technological advancements. Unlike the two former industrial revolutions, the emerging Third Industrial Revolution will also have significant effects – changing almost every aspect of our society, especially in the way we live and plan. This working paper provides a brief overview of the dimensions of the Third Industrial Revolution (TIR), postulates the implications it may have on urban and regional planning, and suggests strategies for cities and regions to manage and benefit from its potential impacts.