58 th Student Scientific International Conference (ŠVOČ) 11 May 2017 Technical University in Zvolen, Slovakia Technologická Revolúcia 4.0 a vplyv na hospodárstvo Slovenska Technological Revolution 4.0 and the Impact on the Economy of Slovakia Matúš Baráth 1 , Martin Krajčík 2 Abstract The aim of this paper is to find dependence between the amount of the money invested in technological progress across the sectors and the job vacancies. The objective is based on data on the economy of Slovakia, to correlate between selected elements and find how does robotics impact for jobs and the future of the economy. Technological revolution 4.0 has a significant impact on the world economy, including Slovakia where the economy is mostly dependent on the automotive industry. Automotive industry is traditionally highly industrialized and robotized. The gradual introduction of innovative technologies to industry is causing not only the emergence of new job positions on the market, but also the loss or even disappearance of the existing jobs and professions that are being replaced by robots. The conclusion is the emergence of options and recommendations in the various sectors of industry and the comparison of dependencies in these sectors. Keywords: Technology, Investments, Robotics, Jobs Creation, Revolution 4.0 JEL Code: J24, J31, O33, M14, 1. Introduction Human development is unstoppable. History is directly linked to the development of technologies. Development of human needs is essential because it provides greater comfort, changes, benefits for workers and can improve lifestyle. During the past, we have witnessed three major revolutions that have revolutionized the understanding of the world. Part of that is just the last advances in robots and automation in the form of machines. While the trigger for the first revolution was the invention of the steam engine, the main instigator of the fourth industrial revolution is information and communication technologies. The rapid technological progress was predicted in 1930 by John Maynard Keynes who also conjectured poems what we are heading nowadays - technological unemployment (Keynes, 1930). However, emerging new questions that require answers. This condition is beneficial to development or vice versa offer termination and the reasons to worry? Every revolution has always many pros and cons. Main pros take for the benefit of technology, changing lifestyles, creating new positions, which negatively is that some traditional jobs or positions just disappeared. Robots replace human labour - but rarely replace the entire profession. Indeed, over the past decades,