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The First Industrial Revolution used water and steam power to mechanize production. The Second used electric power to create mass production. The Third used electronics and information technology to automate production.
Klaus Schwab
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"The First Industrial Revolution used water and steam power to mechanize production. The Second used electric power to create mass production. The Third used electronics and information technology to automate production."
— Klaus Schwab #technologydigitallife

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The First Industrial Revolution used water and steam power to mechanize production. The Second…

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The First Industrial Revolution used water and steam power to mechanize production. The Second used electric power to create mass production. The Third used electronics and information technology to automate production. — Klaus Schwab

About Klaus Schwab

Klaus Schwab was a Economist from Germany (1938–present).

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Who said "The First Industrial Revolution used water and steam power to mechanize product…"?
This quote is attributed to Klaus Schwab, a Economist from Germany.
When did Klaus Schwab live?
Klaus Schwab lived from 1938 – present.
What is this quote about?
This quote touches on Technology & Digital Life. Browse more quotes on these themes from the categories page.