INDUSTRY 5.0 at the times of global infection thread
The CORONAVIRUS or COVID-19 is being strongly covered by all nations around the world. WHO calls it in the middle of February the biggest thread of human history. Thread nobody was prepared, but is this true?
ALready in 2014 in the US this virus was named and “patent” assigned
If we step back from the most important issue of human and public health, we see a very different danger which becomes clearly visible. The issue of the single market and single-source dependency.
The infection starts to spread in one of the big cities in China, the city of WUHAN. Due to its outbreak during CHINA´s NEW YEAR HOLIDAY, which is the biggest organized short time migration in the world, the virus spread fast.
To prevent worse happen, factories and businesses have been closed
This step results very soon in a global shortage of parts and components and if continue, it will result in a shortage of everyday products people get used to. Frequently cheap or low priced items that have been produced in China utilizing not only the underpaid workers but by the governmental incentives like the full cover of transport cost to Europe and similar.
The majority of the global players are for a long time dependent on China´s workforce and many on the financing by China finance institutes. China represents in many aspects the german image if INDUSTRY 4.0. All are being produced in masses being strongly supported by technology, robots and AI in all stages of the process.
How would the INDUSTRY 5.0 change the image of the global downturn?
First of all INDUSTRY 5.0 is not global in the way of current understanding. It does not support wasting time and space for shipping goods which can be produced locally around the globe just to make a bigger profit. It acts locally and makes the changes globally.
It is not the product that would be shipped, but the idea, data, manuals. The direction is well visible in the segment of 3D printing, where the last obstacle, the material, is being slowly switched to one which can be sourced locally.
This will not only create a more sustainable supply chain but will allow supporting each other in the time of crises, like the one caused by the CORONAVORUS.
The operations would be very similar to those I described before the launch of IBCSD LAB and it is to be found online on the company pages.
The system must work like water or environment in general
INDUSTRY 5.0 grow and is being established the same way as the nature in the process of evolution where the unstable or not efficient connections are being prevented from the very beginning and if arising soon after recognition they will be left behind, concentrating on the strong. This does not mean there is no place for the weak ones, on the contrary, but the weak ones are being protected by the strong ones not like shown in DAVOS the RICH ONES ASK THE POOR ONES TO CHANGE.
All this is the reason why INDUSTRY 5.0 agility is far above the standard and why more and more companies and organizations adopt its principles preparing for the new era of international business development.
