Automobile sales in India saw a steep decline in July this year. The automobile sector …
The world is facing a continuous change due to the ever-increasing scientific and technological development and innovations. These developments have changed the political, social and economic lives of mankind.
The history in itself is defined by the improved technologies and new scientific discoveries like wheels, stone tools, steam engines, trains, automated machines, computers, etc. Now, we are at the cusp of the Fourth Industrial Revolution, the one that is dominated by technologies that far exceed human intelligence.
These innovations and technological growth may help mankind solve existing problems like poverty, death due to calamities, accidents, etc. These developments are fast-paced and ever-growing.
Currently, the laws and government policies are slow in preparing for these new technologies and scientific discoveries. The Indian Government must take immediate steps to make full use of the new and exhilarating possibilities arising out of the Industrial Revolution 4.0.