The capital-labor relationship in Industry 4.0

The term industry 4.0 is present in academia, the business sector, and the media. It is associated with a new technological revolution characterized by the interrelation of various technologies, whose main elements are cyber-physical systems, artificial intelligence, and global connectivity. Althoug...

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Main Authors: Guillermo Foladori, Ángeles Ortiz-Espinoza
Format: Article
Language:Spanish
Published: Facultad Latinoamericana de Ciencias Sociales, Sede Ecuador 2022-05-01
Series:Íconos
Subjects:
Online Access:https://revistas.flacsoandes.edu.ec/iconos/article/view/5198
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author Guillermo Foladori
Ángeles Ortiz-Espinoza
author_facet Guillermo Foladori
Ángeles Ortiz-Espinoza
author_sort Guillermo Foladori
collection DOAJ
description The term industry 4.0 is present in academia, the business sector, and the media. It is associated with a new technological revolution characterized by the interrelation of various technologies, whose main elements are cyber-physical systems, artificial intelligence, and global connectivity. Although there is abundant literature on the subject, most of it is oriented from a technical and business perspective, and it is optimistic in terms of expected advantages. However, this article analyzes the potential for altering the traditional terms of the contradictory capital-labor relationship. Through an extensive literature review, industry 4.0 is described in its historical-economic context, highlighting the trends it drives. While most authors emphasize connectivity and technical interaction, this text emphasizes the distinctive economic aspect of this revolution. It highlights how the involvement of disruptive technologies to achieve high automation represents a clear trend towards the disappearance of salaried employment, with the exception of the minimal occupation of skilled labor and services. The union of this type of technologies represents a qualitative leap due to the elimination of downtime between individual companies and along all production chains. It concludes by showing the radical alteration in labor relations if industry 4.0 expands.
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institution Kabale University
issn 1390-1249
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language Spanish
publishDate 2022-05-01
publisher Facultad Latinoamericana de Ciencias Sociales, Sede Ecuador
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spelling doaj-art-8bb2fb35401a42ba8090cf90241fbd4c2025-02-03T02:58:02ZspaFacultad Latinoamericana de Ciencias Sociales, Sede EcuadorÍconos1390-12492224-69832022-05-01267316117710.17141/iconos.73.2022.5198The capital-labor relationship in Industry 4.0Guillermo Foladori0https://orcid.org/0000-0002-7441-3233Ángeles Ortiz-Espinoza1https://orcid.org/0000-0002-9852-8342Universidad Autónoma de Zacatecas Universidad Autónoma de Zacatecas The term industry 4.0 is present in academia, the business sector, and the media. It is associated with a new technological revolution characterized by the interrelation of various technologies, whose main elements are cyber-physical systems, artificial intelligence, and global connectivity. Although there is abundant literature on the subject, most of it is oriented from a technical and business perspective, and it is optimistic in terms of expected advantages. However, this article analyzes the potential for altering the traditional terms of the contradictory capital-labor relationship. Through an extensive literature review, industry 4.0 is described in its historical-economic context, highlighting the trends it drives. While most authors emphasize connectivity and technical interaction, this text emphasizes the distinctive economic aspect of this revolution. It highlights how the involvement of disruptive technologies to achieve high automation represents a clear trend towards the disappearance of salaried employment, with the exception of the minimal occupation of skilled labor and services. The union of this type of technologies represents a qualitative leap due to the elimination of downtime between individual companies and along all production chains. It concludes by showing the radical alteration in labor relations if industry 4.0 expands.https://revistas.flacsoandes.edu.ec/iconos/article/view/5198automationconnectivitypolitical economyindustry 4.0capital-labor relationshiptechnological revolution
spellingShingle Guillermo Foladori
Ángeles Ortiz-Espinoza
The capital-labor relationship in Industry 4.0
Íconos
automation
connectivity
political economy
industry 4.0
capital-labor relationship
technological revolution
title The capital-labor relationship in Industry 4.0
title_full The capital-labor relationship in Industry 4.0
title_fullStr The capital-labor relationship in Industry 4.0
title_full_unstemmed The capital-labor relationship in Industry 4.0
title_short The capital-labor relationship in Industry 4.0
title_sort capital labor relationship in industry 4 0
topic automation
connectivity
political economy
industry 4.0
capital-labor relationship
technological revolution
url https://revistas.flacsoandes.edu.ec/iconos/article/view/5198
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