The previous industrial revolutions (1.0–4.0) involved exploitation of deposits and an unsustainable approach to protecting the Earth’s climate and resources. The ‘extract-make-use-dispose’ business model is slowly becoming a thing of the past. Revolution 5.0, supported by powerful normative legal acts, has the potential to become the first to bring about significant technological progress while respecting the planet’s resources.
The ongoing industrial revolution is about greater human-machine collaboration and about using technology to protect the environment.
Industry 5.0 emphasises the restoration of humans in highly automated processes. The mutually beneficial human-machine interaction, where people and machines complement each other, is gaining prominence. An example of Industry 5.0 technology are co-bots – collaborative robots used in factory settings to automate processes, allowing for greater interaction with humans.
