Role of artificial intelligence in industry 5.0
The
fourth industrial revolution didn't even become a word until 2011, whereas the
previous three took hundreds of years to replace. We saw the rise of
digitalization, driven by innovations in IoT, cognitive computing, and the
fusion of AI and Big Data, and we developed conceptual frameworks to use this
technology.
Industry
5.0, which fully integrates the human element into business and intelligent
systems, is bound to succeed in Industry 4.0, which is characterized by
technical decentralization and interconnectedness at full speed. When humans
and robots work together, business executives' critical and cognitive talents will be combined with the potential accuracy of complete automation.
Automation and efficiency, the two major pillars of Industry 4.0, are enhanced
by Industry 5.0 with a human touch. It alludes to human collaboration with
robotics, intelligent machinery, and technology.
Then we will have to see how we are going to manage and how we are going to enhance our productivity at workplaces and also our lifestyle and job life with the support of AI. That is used AI as a tool not as a competitor.
In the current context, if we take HR, for recruitment they used to publish advertisements, and newspapers like that. Also, candidates post their applications to us. AI will help us to shortlist go through and see the suitability of candidates. At the same time, jobs needing a brain heart, and emotion will not be replaced with AI. However, this personal touch is the core element since technology will never fully replace the human workforce.
Interestingly,
a more internalized viewpoint is adopted when we concentrate on the design
tenets and objectives of Industry 5.0. Among the essential elements are:
· Reducing headcount is not the source of increasing decentralized decision-making; rather, cognitive support -rather than the elimination -of humans is the result.
Functions including workforce design and onboarding, knowledge management, work-learning, transparency creation and management, change management, agility, and collaboration have frequently received more attention in the context of artificial intelligence.
Nevertheless, given the complexity of our job, AI's function in the organization through process and workflow automation must be tailored to the needs of the business. Taking humans and machines as two sides of the same coin will impact the benefits we can reap from Industry 5.0.
This provides valuable insights into the evolving landscape of Industry 5.0. It encourages a mindset that embraces collaboration, productivity enhancement, and the strategic integration of AI to achieve the full potential of the next industrial revolution.
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ReplyDeleteThe statement provides a comprehensive perspective on the evolution from the fourth industrial revolution to the concept of Industry 5.0, emphasizing the integration of human collaboration with technological advancements like AI and robotics. It rightly highlights the crucial role of humans in partnership with machines, enhancing efficiency and automation while preserving the importance of emotional and cognitive skills. The discussion aptly emphasizes the need for a tailored approach to AI implementation, recognizing humans and technology as complementary forces to harness the benefits of Industry effectively.
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