Industry 4.0 to Industry 5.0
Explorations in the Transition from a Techno-economic to a Socio-technical Future
Contributor(s)
Nousala, Susu (editor)
Metcalf, Gary (editor)
Ing, David (editor)
Language
EnglishAbstract
This is an Open Access book. In 2015, Industry 4.0 was announced with the rise of industrialization by the European Parliament, supporting policy, research, and infrastructure funding. In 2020, Industry 5.0 was launched as an evolution of Industry 4.0, towards societal and ecological values in a sustainable, human-centric, and resilient transition. In 2023, the IN4ACT research project team completed 4 years of research on the impact on these initiatives. Presentations reviewing the progress of management practices and economics led to conversations about what’s next. The unanticipated rise in late 2022 of Generative AI technologies (e.g. ChatGPT, DALL-E) sparked dialogues with an extended circle of researchers on impacts not considered in 2015 or in 2020. This collection of chapters reflects multiple perspectives on research findings to 2023, prospects for 2024, and considerations on ways the techno-economic industrial revolutions may be reshaped into desirable futures respecting social and ecological concerns.
Keywords
Industry 5.0; Industry 4.0; Digital industrial transformation; Sustainable technology governance; Ecosystems; Circular economyDOI
10.1007/978-981-99-9730-5ISBN
9789819997305, 9789819997299, 9789819997305Publisher
Springer NaturePublisher website
https://www.springernature.com/gp/products/booksPublication date and place
Singapore, 2024Imprint
Springer Nature SingaporeSeries
Translational Systems Sciences, 41Classification
Economic theory and philosophy
International economics
Economics
Business ethics and social responsibility