ABSTRACT

The new framework involving Society 5.0 and Industry 5.0 highlights the need to shift societies and economies toward innovative solutions related to human and social dimensions. Society 5.0 assumes that the way people provide for their livelihoods is related to the way they build their society. Technologies must therefore be at the service of society, improving people’s lives, and thus ensuring sustainable development. Industry 5.0 aims at supporting and extending the Industry 4.0 paradigm to go beyond its techno-economic dimension, promoting a vision based on a human-centric, sustainable, and resilient industry, in which growth can produce widespread well-being. The worker is the central subject of Industry 5.0, and technologies within firms must act only as a support, so that they do not interfere with the fundamental rights of workers. The circularity of the economy is the heart of sustainable development, while resilience represents the basis of industrial development more robust toward external shocks. Analyzing top-cited papers selected, we present an analysis that highlights both advantages and disadvantages of Industry 5.0 based on resilience and sustainability. We find that the advantages for the industry are several, ranging from a better attraction of talents, to energy savings, to an increase in general resilience to future shocks. This means that, in the long run, the sustainability, profitability, and productivity can be reached by the industry. This chapter shows also an analysis in terms of disadvantages that emerge, especially in the short run, from issues of efficiency within companies to aspects that concern workers.