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The Fourth Industrial Revolution and Statistics Korea

Author Changsang Cho Date 2017.05.17 Issue No

The Fourth Industrial Revolution refers not only to the convergence of production of existing industries and physics, life science, and AI, but to the revolution of the next generation that brings about innovational changes in various fields from administration to management. In March 2016, Go matches between Google’s AlphaGo and Go champion Lee Sedol realistically showed us that the Fourth Industrial Revolution is no longer a story of the remote future, but is already real, and that a new convergence and an innovation are on their ways thanks to AI, robotics, IoT, Big Data, etc.

As can be seen, one of the core elements of the Fourth Industrial Revolution is data that is called, ‘Big Data’. The world’s well-known data expert, Rob Kitchin insists that the ongoing data revolution has been reorganizing ways to produce knowledge, ways that firms are operated, ways that governance are proceeded in a totally different manner than in the past, and that the Revolution is based on ICT such as digital devices that we can easily encounter at home, in the office or in the public spaces; cloud computing that is mobile and distributed; SNS; IoT, etc.

He added that Big Data is only one part of data revolution, and in a broader sense, data revolution means guidelines and policies on digitalization, data interconnectivity, expansion of data produced in a traditional way, open data, and forms, structures, standards, meta data of new data, etc.