Industry 5.0: concept, formation and development

A. V. Babkin (), A. A. Fedorov (), I. V. Liberman () and P. M. Klachek ()

Russian Journal of Industrial Economics, 2021, vol. 14, issue 4

Abstract: At present in Europe and Russia there are active discussions of the next mega stage of human social and economic development. It concerns the Industry 5.0 concept. In 2020–2021 members of scientific research and technological organizations discussed the aspects of Industry 5.0 at a number of well-known European and Russian forums. Major attention was paid to technologies maintaining Industry 5.0. As a result the world scientific community reached a consensus on two fronts: firstly, on integration of opportunities of the existing technologies of Industry 4.0 with the human-oriented approach of Industry 5.0 which will give way to harmonious interaction of human intelligence with cognitive calculations; and, secondly, on integration of human and machine intelligence to create collective intelligence which will make it possible to avoid technological singularity in future as well as provide for simultaneous humans’ evolution and technologies’ development. These will become the basis for creating a fundamentally new social, economic and cultural strategy of the society’s development for the coming decades. The strategy is based on applying collective intelligence and meta-system technologies in all spheres of life. For the first time in the world scientific practice the authors introduce the concept of Industry 5.0 as a cyber social system which allows the alliance of human and artificial intelligence aimed at creating collective super intelligence and becomes a source of harmonious technological development of human civilization. The authors present a neuro-ecosystem model of Industry 5.0 concept which will make it possible to set the task of implementing the systems of global meta-system strategized development of cognitive production and industry. Such systems are established as part of organization of cognitive production and new types of social and economic, cyber-social and industrial ecosystems by means of implementing collective intelligence and neuro-digital meta-technologies. This is the first stage of a new evolution process of developing Industry 4.0 concept, transition to Industry 5.0 and to meta-system transformations economics.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:ach:journl:y:2021:id:961

DOI: 10.17073/2072-1633-2021-4-375-395

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