Impacts of the Fourth Industrial Revolution on Transportation in the Developing Nations

Abstract

Despite the level of industrial shifts, the roles of transportation cannot be substituted, transportation is an important factor in the transformation of any nation’s economy, as a result of this; effort has been made in order to ensure effective and efficient transportation. The essence of transport revolves around the following which cannot be farfetched or beyond: economic purposes, spatial interaction and social integration.Transportation is the movement of people and goods from one place to another. Industrial revolution is a rapid change in the economy that is marked by the general introduction of powered-driven machinery or by an important change in the prevailing types and methods in the use of such machines. It can also be seen as a sudden fundamental change in the industrial organization: the overthrow or renunciation of the first, second, and third industrial change is substituted by fourth industrial change or shift.The Fourth Industrial Revolution is the sustainability of innovation, automation and sophisticated processes which are at the root of industrial success strategies. Although, there are possibilities of threats in the fourth industrial revolution, but the impacts of threats can be reduced. The era will likely prove to be a source of huge opportunities for developed countries; developing countries will also benefit much from technology transfer. For the take of developing countries, the fourth industrial revolution will improve their standards on building efficient and reliable transport modes as well as investing more on technology transfer which will aid the local manufacturing sector and agriculture.

Keywords: Transportation, Industrial revolution and Fourth industrial revolution.