The MOST important shift in Industry... 5.0

In this video, Zack Scriven shares the background of all the industrial revolutions and answers the question: What is Industry 5.0? What is it? Why does it matter? And why is Industry 5.0 the MOST important SHIFT in Industry since the printing press?

What is the Industry 4.0 Mindset?

IIoT vs Digital Transformation vs Industry 4.0

Thanks for watching!

Subscribe!

Want to learn more?

Join our community Discord Server

Take the FREE IIoT Mini-Course

#IIoT #Industry40 #DigitalTransformation

[MartinMaat]

The takeaway for me: industry 5.0 is a fantasy from the perspective of a young 2020s gamer. I am pretty sure in 50 years the consensus on the definition of industry 5.0 will be vastly different. What is presented here is not a logical next step, it is ideological wishful thinking. Which is important but it does not define a time period that has not even started yet.

[dr.chrisperry]

Awesome video, look forward to be a part from the UK

[Shouzeegestof]

The next industrial revolution needs to be the one described by Gunter Pauli and his concept of blue economy. An eco-systemic economy that is localized, has multiple branching products that feed each other in a cascading manner via the "waste" that each branch/ product produces, eating up the damage we've done in the last couple of centuries. It's a mental /framework shift as well as a practical one, but until we start working this way I won't consider any technological revolution - in the classical sense - as "progress", although technology can certainly help.

[petter]

Great video Zack. You always find very interesting topics to ponder about. Appreciate it a lot.

[khaledkhebbeb]

Thank you for this overview of I5.0.
There are many points that are quite unclear to me though..
Let's assume I4.0 is totally mastered :
- Services are ubiquitous, fully connected, interoperable, free of vendor lock-ins, affordable and easily deployable
- infrastructures are scalable, modular, heterogeneous, secure
- Data and control streams are automated, secure, reliable
- Decision making is autonomous, high-level policies dtiven, almost at real time, it's implemented at different scales and granularities (IOT, CPS, MES/SCADA, ERP levels) in a coherent and complementary fashion. It is decentralized
- interaction with machines is safer, fully operational cobotics and digital twins are implemented

So ok, business models are now efficient, steady, robust and adaptable
Supply chains are self-aware, self-managed for the most part, reliable and secure

All this (would need decades to be entirely fulfilled) would mean that, indeed, very few human involvement will be required in industry, hence the worktime offloading. Right. 👍

So let's talk about the next step : "I5.0 is mature I4.0 but it doesn't aim at profit anymore, it aims at emproving human lives ! It will be value and mission oriented"
Okay ! 👍

But some important questions rise in the above mentioned I5.0 philosophy :
* who decides of "value" ?
* since value is not profit but rather "qualitative", how will it be implemented?
* what are examples of missions in "I5.0 is mission oriented and human centered" ?
* what are the main technologies that will be used and how ?
* how is metaverse different than just a AR/VR digital twin model ?
* can I5.0 exist if it's not absolutely globalized ?

And then let's talk social considerations :
* isn't I5.0 philosophy (in my opinion using ambiguous and fuzzy terminology) just a way to say to the working class "hey, you'll lose your job but no worries, we got you covered. Take this universal income and just go do some farming or cooking or whatever you're up to. And no, you're not evolving socially" ?
* will every human accept the final forms of that "human-centric values" statement ?
* any examples of how lifestyles will be affected ? Will all that be considered positive by every human?
* are all countries and economies ready for such a shift ? How to ensure that universal income and how to allow small economies to survive in such a landscape ?"

Let's talk environnement :
* what would be the energetic costs of such globalized massive web services and infrastructures ?
* Can a green production source be sufficient ? 🤔
* circular economy is a very decent concept indeed but it is still all about profit, isn't ?

Actually
What I see in I5.0 is pure profit
The only use of the word "industry" means profit
All the (buzz)words that are being used are meant to do profit
I think I4.0 is good of mankind at a certain extent. It is honest about its goals and if mastered would really improve productivity whilst minimizing efforts

But I5.0 seems to be ideological
It's all about profit
But a different kind of profit
For a different kind of economy
It's a revolution about consent 🙃

[cherubinth]

To me this sounds more like a mix of Industry 4.0 (as described by Schwab: As the merger of physical and digital reality) and politics (the same old politics that never changed anything to the better).

[damianvalle]

Thanks for the information Zack, this is an excellent and interesing information. all clear.

[TurnRacing]

gotta love the slowmo scratch on the break

[soggdcx]

Really Good Video. I could completely understand the Industry 5.0 I really appreciate it, Zack.

[MichaelRada-INDUSTRY]

For all who would like to talk to INDUSTRY 5.0 on this channel, join it on Tuesday, March 15, 2022 where I was invited to talk about the FIRST INDUSTRIAL EVOLUTION EVER LED BY MAN (HUMAN) from the position of INDUSTRY 5.0 Founder and I am really looking forward to doing so.

[avikbiswas]

I like this video and also the channel for very good & informative videos.👍🇮🇳

[faszien-ubungen]

This is really a clear explanation of where we as a society have to go. Very brilliant video. We need more visionaries like Elon, like you, etc etc...

[yogeshcyr]

Zack, I feel what you're saying about IR5.0 is ideological as many others have pointed out.
Intentions of being Human-centric is down to the people who own the enterprises or the Govt regulatory bodies, it cannot be an Industrial movement, I was interested to learn more about the technology side of the changes, Metaverse is over-rated and it makes no sense to build and own things in a virtual world, that's intangible to most people, the Real world is more beautiful and healthy for our minds, I get we can have things controlled or sensed by using a medium such as Virtual reality, but so far there is no evidence it will help improve anything,
as far as Environmental sustainability is concerned that's already there in Industry 4.0.
IR5.0 seems to be far away and I think that could be when we achieve Superintelligence with AI, we may have to rely fully on AI on running the plants, operations as well decision making, that day is very far away, probably in the 2050's, I would like to revisit my comment though ;)

[mscscambodia]

Lets finish 4.0 before all of this, as you guys talk about 80% of companies fail trying to put 4.0 in place so let focus on 4.0.

[tanmeshkulkarni]

Hi all. If anyone has any industry 5.0 articles or information then please do share the links. Thanks a lot

[gokhanyildiz]

Thanks for the video. I appreciate the effort and find it useful. However, giving too much credit to Elon M does not make sense for an industry wide revolution/evolution paradigm. So, how do you reflect what Elon did to the Twitter employees after he bought out the company? Is it another mistake similar to his mistake when he pushed for humanless factory for Model 3?

[MisterFusion]

Industry whatever-point-oh is still just a marking term. It's an attempt to define contemporary technologies from a top-down "non-technical" perspective. It's always presented as a nebulous collection of vague ideas to sell enterprise integration systems.

[markparkhomenko]

Устойчивое развитие - это успеть первым освоить 90% природных ресурсов планеты, а остальных загнать в каменный век. Западный мир с первой частью задачи уже справился

[skewty]

Tesla doesn't create energy. it stores it with it's batteries. Teslas does not produce a product with a low carbon footprint; factor in all the mining that took place to get the supplies for the batteries and watch their carbon footprint soar. It was too hard to take the rest of your video seriously and now this channel.

[MsFactnotfiction]

Like Metaverse and NFTs this video didn't aged well. A lot of buzz words and not much substance, its only missing "holistically" and "inclusivity".