Singularity Hub reported that three huge trends changing manufacturing are mass customization, democratized invention, and smart and autonomous factories. They said, "Industrial IoT (IIoT) and smart factories are ushering in a new era of autonomous production, minimizing recall risk, and freeing corporations to design expanded product lines." Mass customization is taking the industry by storm, partly due to influence from IoT technologies.
Following the agricultural revolution some 5,000 years ago, humanity made a huge breakthrough that allowed complex societies to flourish: we specialized. It made no sense for each of us to make all our everyday products and bear the cost of necessary building equipment. So soon enough, we had our neighborhood shoemaker, carpenter, silversmith, and tailor. Fast forward several thousand years and large corporations have created vast new product lines and amplified output. We can now fabricate the same product over and over again millions of times using assembly lines, labor-driven megafactories, human-operated machinery, and more. Read More