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Promoting Economic Development and Solving Societal Issues Within Connected Industries Ecosystems in Society 5.0

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Advances in Artificial Intelligence, Software and Systems Engineering (AHFE 2021)

Part of the book series: Lecture Notes in Networks and Systems ((LNNS,volume 271))

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Abstract

In Society 5.0 humans have access to intelligent tools, enabling them to create and capture value directly in new communities, networks, and ecosystems. In this study, we investigate the benefits of such value-driven ecosystems. We share our perspective on how a deeper understanding of human engagement behaviour through richer data will be foundational in enabling the reality of the Society 5.0 vision. Learning from our Society 4.0 social and economic deficiencies exposed during the Covid-19 outbreak and building upon many transformational solutions created during that time, we detail how by combining data with AI and machine learning, organizations are spreading intelligence from the core to the edge to turn data into action and action into value. Finally, we describe key challenges in bringing the prospect of Society 5.0 to life and potential paths to achieve it.

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Acknowledgments

We are very grateful to Xinlin Wang, Richard Hopkins, Marshall Lamb, and Nitin Gaur for their many constructive comments on the draft of the AoT study, and to the global IBM Academy of Technology and organizational leaders who work together every day to raise the importance and awareness of the topics and technologies highlighted in this document.

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Correspondence to Elizabeth Koumpan .

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Koumpan, E., Topol, A.W. (2021). Promoting Economic Development and Solving Societal Issues Within Connected Industries Ecosystems in Society 5.0. In: Ahram, T.Z., Karwowski, W., Kalra, J. (eds) Advances in Artificial Intelligence, Software and Systems Engineering. AHFE 2021. Lecture Notes in Networks and Systems, vol 271. Springer, Cham. https://doi.org/10.1007/978-3-030-80624-8_22

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