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Beyond Industry 5.0: Tracing the Past, Present, and Future of Digital Industrial Transformations

Abstract

This article explores the historical development and potential future paths of industrial revolutions, examining the effects they have had on various industries, civilizations, and technological environments. Global economies and social structures have been transformed by these periods, which range from the mechanization of Industry 1.0 to the cooperative human-robot collaborations of Industry 5.0. With every stage came enormous progress and significant obstacles. This thorough investigation considers the possible future beyond Industry 5.0 while breaking down the opportunities and criticisms present in each revolution. Through an examination of past situations, current ramifications, and anticipated future developments, this article sheds light on the complex fabric of industrial transformations. The conversation covers the social changes that are entwined with these revolutions, covering the socio-economic, technological, and ethical aspects. The paper seeks to clarify the complexity and opportunities of these revolutionary times by examining the future route of industries, technology, and societal integration. By doing so, it hopes to establish a basis for well- informed discussion on the direction of industrial evolution.

Research topics

  • Digital Transformation in Industry
  • Economic and Technological Innovation
  • Big Data and Business Intelligence

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DOI: 10.1109/iraset60544.2024.10548816

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