Smart Manufacturing impacting the social structure of countries?

An article in Huffington Post titled “Growth Engine Smart Manufacturing Sparks Public Debate in Germany” (3/25/2015, by Cherno Jobatey) spoke about German Chancellor Angela Merkel’s speech in World Economic Forum on how countries need to increase digital skills of people in the manufacturing sector in order to keep up with smart manufacturing trends. Hailed as Industry 4.0 or Economy 4.0 in Germany, it has been seen that almost 2/3 of mid-size companies and entrepreneurs are lacking sufficient digital skills and are seeing more risks than opportunities in new markets. Where does the advent of smart manufacturing place tech giants in competition to the rest of the world? What will be the social impact of smart manufacturing considering the new age workforce? How will smart manufacturing impact the education industry and is the education industry fully prepared for the said impact?

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