Are we ready for Industry 5.0?

7

October

2020

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Whereas many companies and organisations are busy with integrating features of Industry 4.0, Industry 5.0 is ready to make its first move. Industry 4.0 is a term that was introduced nine years ago in 2011 (Luenendonk, 2011). However, the adoption of the features of Industry 4.0 is still in its early stages when it comes to the use of, for example, Artificial Intelligence and the Internet of Things. So, are we yet ready for Industry 5.0?

For the ones who never heard of the terms Industry 4.0 and Industry 5.0, these terms refer to the former and next industrial revolutions. The first industrial revolution began with the introduction of steam engines, where craft workplaces were partly replaced by industrial fabrics. The discovery of new energy sources like electricity and petroleum and the introduction of the assembly line by Henry Ford was the cause of the second industrial revolution. The third revolution was between 1960 en 2000 and characterised by informatisation due to use of computers. People could manage machines behind their desk instead of physically serving the machine (Pouspourika, 2019).

Artificial Intelligence, machine learning, smart systems and big data drives companies to transform digitally. This is the key aspect of the fourth revolution, Industry 4.0. The technologies around Industry 4.0 make companies able to operate more efficiently, more data-driven and serve customers better. Moreover, digital transformation can increase revenue and EBIT by 22% and 19% respectively (Deloitte, 2020). As stated above, Industry 4.0 was first mentioned in 2011. Currently, many strategy consulting agencies help companies to transform digitally. Next to that, as students, we are making assignments based on the implementation of features of Industry 4.0. However, Industry 5.0 is in is ready to make its first move.

Where the focus of Industry 4.0 is on autonomous working systems, the focus of Industry 5.0, the fifth industrial revolution, is on the collaboration of humans and robots, and smart machines (James, 2020). Creating the interaction between human intelligence and autonomous systems seems very interesting since robots and systems miss the emotional capabilities humans have. Optimally utilize this collaboration could give companies a competitive advantage to companies who are still in the phase of Industry 4.0.

I am curious about your thoughts on this. Can companies start with implementing the fundaments of Industry 5.0, while they not fully integrated and utilised the features of Industry 4.0? And do you see the potential competitive advantage of the focus of Industry 5.0?

 

References:

Deloitte, 2020. Swim, not just float. Driving innovation and new business model through Industry 4.0. [Online]
Available at: https://www2.deloitte.com/content/dam/Deloitte/nl/Documents/energy-resources/deloitte-nl-driving-innovation-and-new-business-models-through-Industry40.pdf
[Accessed 7 October 2020].

Jardine, J., 2020. Industry 5.0: Top 3 Things You Need to Know. [Online]
Available at: https://www.mastercontrol.com/gxp-lifeline/3-things-you-need-to-know-about-industry-5.0/
[Accessed 7 October 2020].

Luenendonk, M., 2019. Industry 4.0: Definition, Design Principles, Challenges, and the Future of Employment`. [Online]
Available at: https://www.cleverism.com/industry-4-0/
[Accessed 7 October 2020].

Pouspourika, K., 2019. The 4 Industrial Revolutions. [Online]
Available at: https://ied.eu/project-updates/the-4-industrial-revolutions/
[Accessed 7 October 2020].

 

 

 

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The role of Artificial Intelligence in the Corona Pandemic

4

October

2020

5/5 (1)

It looks like the year 2020 is all about the coronavirus. It is an everyday topic in news channels like CNN, BBC and the Dutch channel NOS. Virologists are currently the most invited guests in talk shows and everyone in the Netherlands knows Jaap van Dissel since the begin of 2020. This corona crisis has an impact on everybody’s life. Governments and companies doing the best they can to battle this virus. Next to that, Artificial Intelligence is being used to manage and fight the coronavirus (Marr, 2020). In this blog, a few examples of how Artificial Intelligence is being used to manage and fight the coronavirus is provided.

Firstly, researchers are doing research on a vaccine for the coronavirus. Normally, creating a vaccine takes several years, but now there is such a great demand for this vaccine, it is important to create a vaccine as soon as possible. Algorithms of the Chinese company Baidu and Googles Deepmind predicted DNA structures. These companies gave researches free access to those predictions which can be used to create a vaccine. This will probably reduce months of research (KPN, 2020).

A second example is an Artificial Intelligence solution that which detect and monitor the coronavirus more efficient. Everyone could imaging that the workload of the healthcare industry is overloaded due to the coronavirus. A company named Infervision created an Artificial Intelligence solution that detects and monitor the disease. Moreover, Alibaba, the Chinese e-commerce company, created an Artificial Intelligence system that can diagnose the coronavirus in a few seconds with a 96% accuracy (Marr, 2020).

Companies also have the responsibility to create an environment where their employees are able to keep the 1,5-meter distance. A Belgian infrastructure company called Infrabel did a pilot with Artificial Intelligence. Infrabel installed sensors which scanned rooms and hallways in the building permanently. This sensor can see when people aren’t keeping the 1.5-meter distance in a room and scan the hallways on one-way-traffic. After the pilot, they installed the system at 5 more offices throughout Belgium (Infrabel, 2020).

Mass surveillance is the last example of how Artificial Intelligence is used to manage the spread of the coronavirus. Counties like China, Singapore and South-Korea track their citizens by credit card data, location data, their body temperature and face recognition. It is questionable whether this is ethically justified (KPN,2020). I am curious about your opinion!

Of course, there are much more examples of how Artificial Intelligence is being used these days to manage and fight the coronavirus. Let’s discuss the potential of Artificial Intelligence to the fight against the coronavirus!

 

Infrabel, 2020. Infrabel zet Artificial Intelligence in om corona te bestrijden. [Online]
Available at: https://www.spoorpro.nl/innovatie/2020/05/26/infrabel-zet-artificial-intelligence-in-om-corona-te-bestrijden/?gdpr=accept
[Accessed 4 October 2020].

KPN, 2020. Hoe AI-oplossingen bijdragen aan de strijd tegen corona. [Online]
Available at: https://www.kpn.com/zakelijk/blog/hoe-ai-oplossingen-bijdragen-aan-de-strijd-tegen-corona.htm
[Accessed 4 October 2020].

Marr, B., 2020. Coronavirus: How Artificial Intelligence, Data Science And Technology Is Used To Fight The Pandemic. [Online]
Available at: https://bernardmarr.com/default.asp?contentID=2022
[Accessed 4 October 2020].

 

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