The article argues that industry is coming alive to its social purpose, with considerations like equity, environmental impact and ethics. It starts with the history of industrial revolutions from 0.0 to 4.0, detailing their impact on society. It goes on to introduce the concept of Industry 5.0, which is built on the principles of human centricity, sustainability and resilience. The author explains the implications of Industry 5.0 to society, leadership, and HR. He argues that Industry 5.0 is not a revolution but an evolution of the manufacturing process, which is characterised by the integration of various technologies such as artificial intelligence, the Internet of Things, and robotics. He concludes by discussing how individuals can adapt to the requirements of Industry 5.0. The article points to Industry 5.0 becoming more humane with greater responsibility for equity, justice, and sustainability.
This article is in five sections:
- The history of industrial revolutions from 0.0 to 4.0
- What these revolutions have meant to people and society?
- What is Industry 5.0?
- What is the implication of Industry 5.0 to society, leadership, and HR?
- How can you and I adapt to the emerging requirements of Industry 5.0?