Abstract
Today, as we see a big chunk of the industries in various fields adapting Industry 4.0, a lot of us have started asking the question “what’s next?”, the next industrial revolution, Industry 5.0. Past revolutions have pointed out that new revolutions take place only to correct the anomalies of the existing industrial situations. Likewise, to generate further clarity and to understand the previous findings around smart factory, we conducted a systematic literature review. This research paper talks about the various walks of life that industry 5.0 has the capability to affect and make better. We have also attempted to list down a few factors that will be vital for bringing about the 5th industrial revolution. With the goal of a smart society, which will be an extension of the existing smart factory, we call this process of transformation, growth and development as ‘THE INDUSTRIAL UPCYCLING’. We are proposing a new terminology called IoE – Internet of Everything as an extension of IoT.
Industry 5.0: The Convergence of AI and HI (Human Intelligence)
