Role of the Management in the World Driven by the Industry 4.0

Abstract:

The Artificial Intelligence and connectivity between machines are the essences of the Industry 4.0 revolution. These rapid changes create challenges for the management and are the main reason for the question about its further role. There are differences between natural and artificial intelligence. Although artificial intelligence supports the decision making by a human now in very narrow fields, there are questions related to the replacement of people for example in the oncology hospitals network and change management in the inter-organizational networks. These doubts revolve around decisions making process, Artificial Intelligence development and management itself, therefore this paper present a theoretical discussion and research assumptions about the role of management in the world driven by the Industry 4.0 revolution.