Digital Transformation Towards Society 5.0 and Sustainable Development Goals
Abstract
Society 5.0 represents a sustainable and people-centric society where the convergence of physical and digital realms through digital transformation is extensive. It fosters inclusivity, ensuring that no individual is left behind, and promotes collaborative efforts to establish secure and comfortable lives. This integration of advanced technologies like AI, robotics, IoT, and big data generates novel opportunities for growth. This article critically examines the existing comprehension of Society 5.0 and proposes strategies for its enhancement. Additionally, the paper explores the escalating global trend of investing in environmental, social, and governance domains, aiming to expedite investments in innovative problem-solving approaches. Such initiatives are crucial for the realization of Society 5.0 and the efficient attainment of Sustainable Development Goals (SDGs).
References
1. A. Deguchi; H. Chiaki; M. Hideyuki; N. Taku; O. Kohei; T. Mitsuharu and T. Shigeyuki; What is Society 5.0?. Society 5.0, A People-Centric Super-Smart Society, 1-23 (2020).
2. A.G. Pereira; T.M. Lima, and F.C. Santos; Industry 4.0 and Society 5.0: Opportunities and Threats. International Journal of Recent Technology and Engineering, 8(5), 3305-3308 (2020).
3. D. Mourtzis; J. Angelopoulos and N. Panopoulos; A Literature Review of the Challenges and Opportunities of the Transition from Industry 4.0 to Society 5.0. Energies, 15(17), p. 6276 (2022).
4. K. Fukuda; Science, Technology and Innovation Ecosystem Transformation toward Society 5.0. International Journal of Production Economics, 220, p. 107460 (2020).
5. L. Polat and A. Erkollar; Industry 4.0 vs. Society 5.0. Digital Conversion on the Way to Industry 4.0, Springer International Publishing, 333-345 (2021).
6. M.M. Nair; A. Tyagi and N. Sreenath; (2021) The Future with Industry 4.0 at the Core of Society 5.0: Open Issues, Future Opportunities and Challenges. In2021 International Conference on Computer Communication and Informatics (ICCCI), IEEE, 1-7.
7. M. Fukuyama; Society 5.0: Aiming for a New Human-Centered Society. Japan Spotlight, 27(5), 47-50 (2018).
8. O. Onday; Japan’s Society 5.0: Going beyond Industry 4.0. Business and Economics Journal, 10(2), 1-6 (2019).
9. P.O. Skobelev and S.Y. Borovik; On the Way from Industry 4.0 to Industry 5.0: From Digital Manufacturing to Digital Society. Industry 4.0, 2(6), 307-311 (2017).
10. R. Trehan; R. Machhan; P. Singh and K.S. Sangwan; Industry 4.0 and Society 5.0: Drivers and Challenges. IUP Journal of Information Technology, 18(1), 40-58 (2022).
11.S. Huang; W. Baicun; L. Xingyu; Z. Pai; M. Dimitris and W. Lihui; Industry 5.0 and Society 5.0- Comparison, Complementation and Co-evolution. Journal of Manufacturing Systems, 64, 424-428 (2022).
12. S. Tatiana; V. Natalia and G. Nadezhda; Towards Sustainability through Industry 4.0 and Society 5.0. International Review, 2020(3-4), 48-54 (2020).
13. V. Potočan; M. Matjaž and Z. Nedelko; Society 5.0: Balancing of Industry 4.0, Economic Advancement and Social Problems. Kybernetes, 50(3), 794-811 (2020).
14. Y. Zengin; S. Naktiyok; E. Kaygın; O. Kavak and E. Topçuoğlu; An Investigation upon Industry 4.0 and Society 5.0 within the Context of Sustainable Development Goals. Sustainability, 13(5), p. 2682 (2021).