The “Fourth Industrial Revolution” is a common phrase at the World Economic Forum’s annual meeting in Davos, Switzerland. But what exactly does it mean? CNBC’s Elizabeth Schulze explains.

-----

Subscribe to us on YouTube: http://cnb.cx/2wuoARM

Subscribe to CNBC Life on YouTube: http://cnb.cx/2wAkfMv

Like our Facebook page:
  / cnbcinternational  

Follow us on Instagram:
  / cnbcinternational  

Follow us on Twitter:
  / cnbci