WE ARE LIVING THROUGH AN INDUSTRIAL REVOLUTION
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Right now, we are witnessing an Industrial Revolution
AI, digital currencies, and human ingenuity are driving the industrial revolution. Learn how Bitcoin fits in this global transformation, and why it's important to embrace change (Rochester NY Bitcoin Education).
The First Industrial Revolution (1760-1840). Introduction of the word manufacture - to make things with large machinery.
The first major change in human history was the introduction of steam engines, factories and cities. Machines replaced muscles. The people moved from farms to factories. The steel industry grew as we figured out a way to make better iron. Steam engines allowed us to travel further than ever and to expand factories. In 1793, this technology was introduced from Britain to the US. The second industrial revolution was born. Others opposed progress, while others celebrated it. The world was never the same.
All revolutions start by challenging the status quo.
Electricity is the driving force behind the second industrial revolution (1870-1920).
We now had textile firms that started to appear all over the United States. The world changed dramatically during this era of mass production, telephones and railroads. Workers resisted innovation, fearing that machines would replace them. Sounds familiar?
The Digital Revolution
Computers and Internet are disruptive forces that have left companies like Blockbuster, Sears, and Kmart behind. The message was clear. Adapt or you'll be left behind.
Smart Tech takes over in the 4th Revolution (2010-2023).
Cloud computing, smartphones, apps and other technologies have enabled new industries to emerge, such as Uber, Airbnb and DoorDash. We saw that data was able to outpace the physical infrastructure, despite some opposition. Ultimately however, convenience won.
The Fifth Revolution: Humans + AI + digital money now
The human and the technology have entered a new era of close collaboration. Artificial Intelligence enhances our working and thinking abilities, while money evolves. Bitcoin and Blockchain are revolutionizing the finance industry from within.
Today, the pace of change is only described as lightning fast.
Pushback is part of progress. Skepticism is present at every stage of the innovation journey:
Steam engines are dangerous.
Electricity cannot be relied upon to provide safe energy.
The Internet has become a passing trend.
Bitcoin isn't real currency.
History does not repeats itself, but it often rhymes, and those who are able to adapt will be the ones who prosper in the future.
Mark Moss said that “it is true that technology will displace jobs. But as it becomes cheaper and better, there is a greater demand for these things. We can think that the world is changing rapidly and we're victims. It is scary. How do we protect ourselves with a scarcity mentality? How can we use this to our advantage? How can we use AI to our advantage and advance my career? I'm going to use Bitcoins as a way to protect my wealth and have an abundance mentality.”
It's Your decision, not Bitcoins. Join an Exciting Revolution
You can either fight it or accept it. This revolution will change the way work, money and relationship functions. Bitcoin is not just a passing trend. It's a sign of what our society is heading towards.
Learn More About Bitcoin in Rochester, New York. Do you have questions about digital currency? We provide educational materials about Bitcoin to Rochester residents who want to know more about it in a safe and confident way.
We are here to help you navigate the future of finance, whether you're just curious or want to jump in.
Final Thoughts Each industrial revolution had a dramatic impact on society. Steam power, electricity grids and computers were all game changers. Now AI and Bitcoin could change the world even more.
Are you ready for it?
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Video version of Blog found here : https://youtu.be/afbkYjODsFo