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The Role of Generative AI in Managing Industry Projects: Transforming Industry 4.0 Into Industry 5.0 Driven Economy Cover

The Role of Generative AI in Managing Industry Projects: Transforming Industry 4.0 Into Industry 5.0 Driven Economy

Law and Business
Volume 3 (2023): Issue 1 (January 2023)
By: Moyassar Y. Mohammed and  Mirosław J. Skibniewski  
Open Access
|Dec 2023

Figures & Tables

Figure 1.

Industrial Revolution with key milestones and significance of AI towards human beings’ intelligence Dimitris Mourtzis (ed.), Design and Operation of Production Networks for Mass Personalization in the Era of Cloud Technology, 1st ed.; Elsevier: Amsterdam, 2022; Saeid Nahavandi, “Industry 5.0—A Human-CentricSolution.” Sustainability 11 (2029): 4371..
Industrial Revolution with key milestones and significance of AI towards human beings’ intelligence Dimitris Mourtzis (ed.), Design and Operation of Production Networks for Mass Personalization in the Era of Cloud Technology, 1st ed.; Elsevier: Amsterdam, 2022; Saeid Nahavandi, “Industry 5.0—A Human-CentricSolution.” Sustainability 11 (2029): 4371..

Figure 2.

Main risk of 4IR to individual security (Source: Oldřich Kodym, Lukáš Kubáč and Libor Kavka) Oldřich Kodym, Lukáš Kubáč and Libor Kavka, “Risks associated with Logistics 4.0 and their minimisation using Blockchain.” Open Engineering, 10(1) (2020):74–85..
Main risk of 4IR to individual security (Source: Oldřich Kodym, Lukáš Kubáč and Libor Kavka) Oldřich Kodym, Lukáš Kubáč and Libor Kavka, “Risks associated with Logistics 4.0 and their minimisation using Blockchain.” Open Engineering, 10(1) (2020):74–85..

Figure 3.

Industry 5.0 Main Pillars.
Industry 5.0 Main Pillars.

Figure 4.

Industry 5.0 Circular Economy (Michael Kirschner) Michael Kirschner, (2022, April 18). “A brave new circular world.” EE Times. https://www.eetimes.com/a-brave-new-circular-world/.
Industry 5.0 Circular Economy (Michael Kirschner) Michael Kirschner, (2022, April 18). “A brave new circular world.” EE Times. https://www.eetimes.com/a-brave-new-circular-world/.

Figure 5.

Industry 5.0 goals and the technological enablers. (Valeria Villani et al.) Valeria Villani et al., “The INCLUSIVE System: A General Framework for Adaptive Industrial Automation.” EEE Transactions on Automation Science and Engineering, vol. 18, no. 4 (2021): 1969–1982, DOI: 10.1109/TASE.2020.3027876..
Industry 5.0 goals and the technological enablers. (Valeria Villani et al.) Valeria Villani et al., “The INCLUSIVE System: A General Framework for Adaptive Industrial Automation.” EEE Transactions on Automation Science and Engineering, vol. 18, no. 4 (2021): 1969–1982, DOI: 10.1109/TASE.2020.3027876..

Figure 6.

Future smart factories a hybrid of industry 4.0 and industry 5.0 (Mariia Golovianko, Vagan Teziyan, Vladyslav Barnytskyi and Diana Malyk)
Future smart factories a hybrid of industry 4.0 and industry 5.0 (Mariia Golovianko, Vagan Teziyan, Vladyslav Barnytskyi and Diana Malyk)
DOI: https://doi.org/10.2478/law-2023-0006 | Journal eISSN: 2720-1279
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Language: English
Page range: 27 - 41
Published on: Dec 29, 2023
Published by: Polish Economic Security Foundation. Institute for Legal and Economic Dialogue and Analysis
In partnership with: Paradigm Publishing Services
Publication frequency: 1 issue per year
Keywords:
Cobot,
Chatbot,
Generative Artificial Intelligence (GenAI),
Industry 4.0,
Industry 5.0,
Industrial Internet Of Things (IIOT (Machine Learning,
Techno-Social Revolution,
Lights-out manufacturing,
Foundation Model
Related subjects:
Business and economics,
Business management,
Business management, other,
Law,
Commercial law,
Commercial law, other,
Commercial legal protection,
Commercial legal protection, other,
Public law,
Public law, other

© 2023 Moyassar Y. Mohammed, Mirosław J. Skibniewski, published by Polish Economic Security Foundation. Institute for Legal and Economic Dialogue and Analysis
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

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