DIGITAL ECONOMY

Will Technology Make Our Lives Better?

Prioritising peopleand the planet,rather than profitand growth, is by the definition of industry somethingnew. Never beforehave we seen sucha radical push to reformulate its core objectives

What will the rise of robotisation, the Internet of Things and the ubiquity of sensors bring us, and can it make our lives better? PK Agarwal, former CTO of the state of California, believes that the Internet of Things will fundamentally change how business and manufacturing will look over the next 2-3 years. Instead of reacting to events, it will be possible to proactively manage them and subsequently automate.

A factory can be more than just modern; it can be smart. We already know this; the question that arises is whether smart factories will have room for smart people and what we can do today to ensure that developments in the area of Industry 4:0, and soon Industry 5:0, help us make the world a better and more pleasant place to live.

Poland could be a leader

It seems that Industry 4.0, based on artificial intelligence and automation, is already fully developed. On the other hand, Industry 5.0, based on advanced artificial intelligence and technologies such as the Industrial Internet of Things (IIoT) and cloud computing, is still in its development stage. However, Industry 5.0 is much more than that. It represents not only new technologies, but also a change in the way we think about production and business. It is an attempt to combine traditional industry with new technologies and involve people and society in the production process. The human aspect should be particularly important when it comes to these activities and effecting change.