INDUSTRY 5.0 AND DIGITALIZING SOCIETIES: TURKEY ON THE BRINK OF A NEW REVOLUTION

Abstract

Industry 5.0 is a novel industrial paradigm that integrates technology with a human-centric approach, emphasizing sustainability, resilience, and social well-being. This study analyzes the fundamental characteristics, technological framework, and prospective effects of Industry 5.0 on developing nations, including Turkey. The study emphasizes how technology such as artificial intelligence, the Internet of Things, digital twins, and collaborative robots may revolutionize manufacturing processes by merging human creativity and empathy. The significance of improving digital infrastructure, implementing educational reforms, investing in research and development, and promoting environmental sustainability policies in this change process is addressed. The results indicate that Industry 5.0 has a prospect for both economic expansion and the enhancement of environmental sustainability and social welfare. The study underscores the imperative of thorough strategic planning for Turkey to transition to Industry 5.0 and offers several policy recommendations accordingly. These ideas function as a blueprint to expedite the nation's digital transition and improve its competitive advantage.