Abstract
History of Industry 4.0 tracks the advancement in the manufacturing process that changed the way we think about human labor in the industry. In the second half of the XVIII century, we find the birth of the first industrialization process with the development of the first steam engine by James Watt as key factor of the first industrial revolution. It was largely beneficial in terms of manufacturing a number of various goods and providing a better standard of living for a wide part of modern world population. Machines allowed faster and easier production, and they made all kinds of innovations and technologies possible as well. Around 1840 the second industrial revolution picked up. Historians sometimes refer to this as “The Technological Revolution” occurring mainly in Britain, Germany and United States.
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