This episode focuses on industry transformation through the lens of the Third Industrial Revolution, also known as Industry 3.0. The focus of Industry 3.0 - The emergence and the power of electronics.

The Second Industrial Revolution, also known as Industry 2.0, was a period of rapid industrialization commencing in the late 19th century and ending at the dawn of World War I - around 1914. Industry 2.0 seen significant advances in agriculture, manufacturing and transportation that started in Britain, and made its way through Europe and North America, and then quickly to the rest of the world.

Before the 1800’s food, building houses and weapon production were done by manual labour or with the help of animals.  At the beginning of 18th-century the way things were done changed as steam operated machines were invented. This transformed the production of goods and the concept of community. Steam power also transformed business.