We are already in Industry 4.0, and many advancements are part of it.
At the same time Arrival of Industry 5.0 is not far away. If we assume/believe it as true than what are considerations which can be expected in Industry 5.0 w.r.t. Automotive Industry?
Dear Jai,
Personally, I have not heard yet about a concept such as "Industry 5.0". As Industry 4.0 refers to a "fourth industrial revolution", it has to be considered that the past three industrial revolutions took decades to fully unfold. However, this is still doubted among some researchers that rather describe evolutionary developments. Similarily, it remains at least partially unclear what "Industry 4.0" is in detail and what is part of it. Therefore, new elements might still be included under the term "Industry 4.0". Even if one argues that transitions unfold much faster in the "digital age", I would not yet look at a possible "Industry 5.0", but rather at possible extensions to "Industry 4.0". Further, a underlying technology - mechanization for ther first, electricity for the second, IT for the third and Cyber-Physical Systems for the fourth industrial revolution - is not known for a possible "Industry 5.0". Therefore, possible implications of a not yet expected and not yet definied "Industry 5.0" remain opague for the automotive industry from my point of view.
Best regards,
Julian
Industry 5.0 stipulates on mass customization.
It emphasizes clear switching from 'blind' automation to the process of enhancing capabilities of workers for achieving effective product customization.
Kiran K John : Can we have any reference for your points?
Dear Julian M. Müller : Literature wise, your many points are valid but still can we predict something based on existing Industry 4.0 research analysis? i gone through several papers and i feel several 2030 mission points of Automotive Industry are not going to be solved by Industry 4.0 solutions ..automation, connected and such solutions will raise many more complex challenges... Many other aspects are rising which may or may not be justified technically..
Jai Deo Tiwari
As a matter of fact, even Industry 4.0 is not widely implemented.
Industry 5.0 concepts are in the stage of initial discussions.
So,you can not find too much papers in this topic.
The term Industry 5.0 was coined by Michael Rada (President and project father of International business centre of sustainable development).
You can find many of the details in the mentioned link.
https://medium.com/@michael.rada/industry-5-0-definition-6a2f9922dc48
Dear Jai Deo Tiwari,
If you have a look at concepts such as "Schumpeterian business cycles" or "Kondratiev waves", possible candidates could be Biomimicry (also including concepts that fuse humans and machines), Nanotechnology, Artificial Intelligence, different forms of sustainable energy production (also including nuclear fission), and several health-related technologies. Industry 4.0 enables some of those technologies, especially Artificial Intelligence (often described as a part of Industry 4.0). The above mentioned technologies might be extensions of Industry 4.0 and/or foundations for new developments, among further, not foreseen ones.
Concepts such as mass customization ("batch size one"), improving sustianability and working conditions can already be found for Industry 4.0, for example in the work of Kagermann et al. (2013). "Blind" automation is also seen more as a concept of "Industry 3.0" that Industry 4.0 tries to improve.
First, all industry levels still live in parallel, not only in different parts of the word but also in different fields at the same location.
Second, the first four revolutions focused on the "how": Efficiency, mass production, knowledge acquisition and capitalization, waste and variation reduction.
In a possible fifth, systems self repair and improvement may become critical as the pace of evolution not only requires upkeep, but also keeping at the edge of improving performance.
Then humanity will still have to address the "what", the "for whom" and more importantly the "why". No linear programming algorithm for priorities we don't know yet as they may be shaped by ever evolving realities.
Finally, we may up-roof the Stupa, discover the happiness of freedom of want and need, reach peaceful emptiness. Some mystics may already be there but the journey may matter more than the destination.
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