Impacts of the Transformation to Industry 4.0 in the Manufacturing Sector: The Case of the U.S.

Abstract

Background and purpose: The transformation to Industry 4.0 increases the number of robots installed within industries, which brings great shifts in industrial ecosystems. For this reason, our research goal was to analyze the key performance indicators to investigate the economic and social sustainability of the changes in production.

Keywords

• industry transformation
• robotization
• industrial output
• labor productivity
• employment
• education level
• industry 4.0
• industry 5.0