Industry 4.0/5.0 Significant Difference - Overview

Abstract

Particularly in the production and manufacturing sectors, modern technology has improved tremendously in recent years. This essay focuses on the most important elements of Industry 5.0, as opposed to Industry 4.0. Automation has significantly enhanced productivity by producing a large number of high-quality goods and providing excellent customer service.  Before Industry 5.0 can be embraced for the good of society as a whole, there are several weaknesses in the system of Industry 4.0 that need to be fixed.

Human considerations are not given much weightage in Industry 4.0 because of technological breakthroughs like IoT, artificial intelligence, etc. However, Industry 5.0, the subsequent industrial revolution, will give equal weightage to both humans and machines. Because of this, Industry 5.0 is characterized as a collaborative environment. Under this approach, both people and machines interact with one another to function in the same area. Since Industry 5.0 is more significant and important than Industry 4.0, an effort has been made in this study to conduct a complete literature evaluation of its significance.