16 September, 2015
Jeremy Rifkin talks about the Third Industrial Revolution and post-capitalism

The First Industrial Revolution – the shift from manual to machine labor and the industrialization of production – took place in the late eighteenth and early nineteenth centuries and resulted in rapid urbanization, an increase in productivity and rapid economic growth.

The Second Industrial Revolution (the Technological Revolution) spanned the second half of the nineteenth century and the early twentieth century, and was characterized by the standardization of mechanisms and the introduction of conveyor belts and assembly lines.

The Third Industrial Revolution – a concept developed by Jeremy Rifkin, who is among those headlining the Open Innovations Forum and Technology Show – is taking place before our very eyes. Rifkin believes that over the next few years, we will see a sharp increase in the widespread exploitation of renewable energy resources, and a shift toward using hydrogen instead of carbon. Production will become increasingly autonomous and intelligent.

How will this shift alter the old business and management models? What will be the fate of hierarchical corporations? Will prices for manufactured goods continue to fall? And will this have a fundamental impact on the efficacy of the capitalist system?

Come along to the Open Innovations Productivity Day on October 28 and hear these questions answered by Jeremy Rifkin himself – a man who is respected by economists and governments around the world.


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