The Fourth Industrial Revolution / Industry 4.0
Bangladesh is on the verge of the fourth industrial revolution. That revolution will change the eternal pattern of human life. There will be so much change that is unimaginable. Change is inevitable, and people need to be prepared to adapt to this change. The Industrial Revolution is called the process of increasing production and improving its quality with the help of scientific instruments instead of manual labor.
The first industrial revolution took place in 1784 with the invention of the steam engine, the second industrial revolution with the invention of electricity in 1870, The Third Industrial Revolution in 1979 with the invention of the Internet, and now the fourth industrial revolution is going to happen with the digital revolution.
The nine key enablers of Industry 4.0 include:
- Cyber Security/Blockchain
- Cloud Computing
- IIoT- Industrial Internet of Things
- Big Data']
- ..
- Systems Integration
- Autonomous Robots-Cobots
- Additive Manufacturing- 3D printing
- Augmented reality
- Simulation/Digital Twins
Bangladesh has done all its needs to prepare for digital integration during or after the Fourth Industrial Revolution. Many developed countries of the world did not even think about launching 5G but Bangladesh has done it. 5G is launched on 16th December 2021 to mark the 50th anniversary of the victory. The third submarine cable is coming in 2023. Skilled manpower is essential for the Fourth Industrial Revolution. To this purpose 39 high-tech parks have been established as well as various groundbreaking programs are being taken and implemented.
The greatest progress in the world economy has taken place as a result of the Industrial Revolution. The industrial revolutions have changed the course of the world, the course of the world economy. Artificial intelligence and the Internet of Things could be used as a complete alternative to human resources! The Internet of Things is now a buzzword. The Internet of Things will be when all the objects around us communicate and network among themselves through the Internet. In the meantime, we’ve heard about Google Home, Apple’s Siri, and Amazon’s Alexa. As a result, it is possible to control many things in the house including lights, sound system, and doors. Bangladesh is ready to adapt to the technology of the future. In this case, the public and private sectors are being given equal importance.
Bangladesh has already gained a reputation as an Asian Tiger under the visionary leadership of Prime Minister Sheikh Hasina. The next high-tech park in Bangladesh will be Silicon Valley. All 4,501 union parishads in the country’s 64 districts have already been included in the digital network. The main services of the government especially land registration, birth registration, university admission or job application, etc. are being delivered digitally to the doorsteps of the citizens. Digital technology has made the provision of basic services easier and more affordable. Therefore, in the overall analysis, Digital Bangladesh means a more efficient, equitable, and prosperous Bangladesh.
The mobile banking system of Bangladesh
The mobile banking system of Bangladesh has changed a lot through bKash,Rocket and Nagad. Marginalized people can easily transact money without opening a bank account. Now every day there is a transaction of about one thousand crore taka. Cloud computing, the Internet of Things, and Artificial Intelligence will play a major role in achieving the Fourth Industrial Revolution. Bangladesh has already made great advancements in information technology. Bangladesh is also ready to adapt to future technology. In this case, both public and private sectors are being given equal importance. Apart from formal and informal education, e-governance, Service Delivery, Public Policy and implementation, Information Technology, Decentralization, Urban Development, Planning, and Challenges to SDG implementation and administrative Policy Strategies will be introduced with public servants and cloud server. Internet of things, training on artificial intelligence will be provided to them.
Soon after the victory in 1971, Father of the Nation Bangabandhu Sheikh Mujibur Rahman launched a ground satellite station at Betbunia in the Rangamati district. He took initiative to reform all sectors including information technology to take the country’s economy forward. He also laid a solid foundation for the country in just three and a half years of rule, But the killer’s bullet stalled Bangladesh’s plan to move forward. As a result, Bangladesh continues to lag behind.
Finally, after the government of Bangabandhu’s daughter, Sheikh Hasina came to power in 1996, Bangladesh started moving forward again. In the last decade, Bangladesh has reached a unique height. Today, Bangladesh is a wonder of development all over the world. Bangladesh is now connected to two submarine cables, the third submarine cable is being connected soon. Sheikh Hasina has brought the country on the highway of development. In the continuation of development, Bangladesh has launched its own satellite in the sky today. Bangladesh has already become known all over the world as the Asian Tiger under the outstanding visionary leadership of Sheikh Hasina. Bangladesh’s economy is now stronger than many countries in the world. The once ailing economy is on its way to becoming a middle-income country. The per capita income, which was below 100 USD, has now risen to 2591 USD. The level of hunger and poverty has decreased. The standard of living of ordinary people has improved. Inclusion in education and treatment has increased. Bangladesh’s high-tech parks will be Silicon Valley in the future. Major government services, especially land registration, birth registration, university admissions or job applications, are being delivered digitally to the doorsteps of citizens. There is no alternative to digitization to make the Fourth Industrial Revolution fruitful.
Under the leadership of Sheikh Hasina, Bangladesh has already been able to achieve the title of Digital Bangladesh. The ICT department of the government has undertaken several projects to implement the plan to make the young generation of the country proficient in digital education, including the Learning and Learning Development Project. While IBM Watson with artificial intelligence is providing 85% perfect legal aid by analyzing the document review process automatically, the courts in Bangladesh are not so successful in using the technology. Although not 100% technology-dependent, the country has recently been able to achieve success in a number of areas, including the technology to show video footage as evidence. The law of Bangladesh still mentions that business cannot be done without taking a ‘square foot’ office by a formal agreement.
However, with the national identity card, an online business can be done with an internet connection sitting at home and creating a global business by getting registered and opening a bank account. In order to make the Fourth Revolution a hundred percent success, it is necessary to amend these so-called provisions of the law. We see in the reports of all including the World Bank, UN, and IMF that Bangladesh is going to lead the world in the future.
Considering the discussions being held on the outcome of the Fourth Industrial Revolution and its various advantages and disadvantages, it can be said that Bangladesh has already started all preparations to make the Fourth Industrial Revolution its own. If Prime Minister Sheikh Hasina maintains the continuity of the government, Bangladesh will remain in the seat of leadership in the Fourth Industrial Revolution.
