Abstract

The Fourth Industrial Revolution has arrived, and we are trying to adapt to the innovations. It is changing the way we interact in society, how we consume, live and work. But this agile process already presents a new stage that takes place in conjunction with the new digital age, involving people, technology, sustainability, risks and opportunities: it is the 5.0 Society. This article seeks to understand the impact of ongoing changes and the needs around sustainability, analyzing key indicators that include both movements. With this, we hope to obtain data on the possibility of building the new Sustainable Technology Society, besides investigating the next steps to make this happen in Latin America. In this study, 35 variables were analyzed a sample of 57 countries, including management, business, sustainability, technology, education and Society 5.0 dimensions, among others. We present an analysis of the relationship between the variables and the creation of a synthetic indicator, called S5I (Society 5.0 Index), which allows us to show the position of each country in this ranking. This is the discussion we present here.

Highlights

  • Society 5.0 is a term used in the Fifth Science and Technology Basic Plan, reviewed by the Japanese Governments Council for Science, Technology and Innovation, and can be defined as a “Society of Intelligence”, in which physical space and cyberspace are strongly integrated

  • Keidanren (Japan Business Federation) has defined Society 5.0 as the “Imagination Society”, where digital transformation will be combined with creativity and values to develop a sustainable society

  • In the Fourth Industrial Revolution, as called by WEF - World Economic Forum (WEF, 2019), we are observing the fusion between distinct scientific worlds, where the discoveries are mixing and building new frontiers

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Summary

Introduction

Society 5.0 is a term used in the Fifth Science and Technology Basic Plan, reviewed by the Japanese Governments Council for Science, Technology and Innovation, and can be defined as a “Society of Intelligence”, in which physical space and cyberspace are strongly integrated. 5.0 refers to a new type of society where innovation in science and technology occupies a prominent place, with the aim of balancing social and societal issues that need to be solved, while ensuring economic development (Salgues, 2018). The main subject is that “what makes the Fourth Industrial Revolution fundamentally different from the previous ones is the fusion of these technologies and the interaction between physical, digital and biological domains” (Schwab, 2016). In this new brave world, we have to learn how to use correctly and fully the capacity of the new developments. Its necessary a correct direction, for example in the IoT, BigData and AI application, where “like other general-purpose technologies, their full effects won’t be realized until waves of complementary innovations are developed and implemented” (Brynjolfsson, E.; Rock, D.; Syverson, C., 2017)

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