Sustainably Developing in a Digital World: harnessing artificial intelligence to meet the imperatives of work-based learning in Industry 5.0

Abstract

Purpose: Mainly in terms of human-machine interactions, this paper discusses salient issues related to work-based learning in reference to technologies in the Industry 5.0 era. Design/methodology/approach: Several ideas are discussed based on recent thinking in the topic, putting forward visions that are likely to happen with Industry 5.0 revolution with prime focus on human-machine interactions. Findings: The review elucidated a plethora of benefits in terms of human-machine interactions inasmuch as technology complements rather than replaces human efforts that includes enhancement of: efficiency and production, job security and skill-upgrading. To engender these benefits, however, legal, psychological, and ethical issues need to be transcended on the managerial level. Practical implications: Positive externalities, associated with efficiency and production, are now possible with human-machine interactions without cost in terms of jobs being lost provided that skills are upgraded commensurate with the challenges posed by the new technological era. Social implications: People can benefit from life improvements and elevated standards of living stemming from robotics though optimization of the use of technology. Originality: This paper presents original ideas on how Industry 5.0 technologies can be harnessed to buoy sustainable development by striking an optimal balance between human and technological capital.