When on October 15, 2021 second of my FINEXTRA blogs was published it wake up interesting response in the readers world. The number of responses was higher then expected and one of the reason may be that the estimated value of INDUSTRY 5.0 was named in the
article name
INDUSTRY 5.0 represents 475.000.000.000.000 USD/year estimated global savings
Almost 6 months later INDUSTRY 5.0 keynote for DAVOS 2022 conference organized by the WORLD ECONOMIC FORUM was published
https://www.youtube.com/watch?v=uaDd-P6VwdA
Describing the latest development of INDUSTRY 5.0, development that does not surprised anyone, anymore, just attract more and more flies that enter the shiny new WASTELESS WORLD
Since the announcement of the VALUE of INDUSTRY 5.0, the amount doubled reaching 950 Trillion USD
The reason is not only the #VLADIMIRPUTINWAR in #UKRAINE, but the increasing shortage of all resource on a global scale, so as the increasing number of "experts" taking INDUSTRY 5.0 as the next step and trying to be part of.
INDUSTRY 5.0 is the first industry in entire HUMAN history which will soon reach the QUADRILLION valuation. It does so in the same time when the METAVERSE
ECONOMY value was estimated by CITI to 13 TRILLION by 2030.
The gap between INDUSTRY 5.0 and other industries grow bigger every single day which is the prove of the
POWER OF TOUCH that created and launched the FIRST INDUSTRIAL EVOLUTION EVER LED BY MAN (HUMAN) instead of the fifth industrial revolution that was expected by few to come in a decade
or so after introduction of INDUSTRY 4.0 (2011/2013)
The most surprising fact is that INDUSTRY 5.0 is not fuelled by finances and investment
It is fuelled by the results delivered instead of promises and pledges presented on the stage.
The next interesting part is that the MONEY SPENDING PLAN does not change during the development of INDUSTRY 5.0, in contrary to the names of startups, that gain
investment with using the name of INDUSTRY 5.0 to change it later to another one, that can not be taken into connection with the origing and principles of INDUSTRY 5.0 that make the rich. Interesting point of view is the fact that so many start to use "5.0"
in connection to processes and segment in which never 1.0, 2.0, 3.0 or 4.0 was ever described, or has existed.
This is another story and I hope, one day it will become part of THE WASTELESS WORLD STORY that represents since 2014 already the diary of INDUSTRY 5.0
Have a nice day free of waste and wasting in all its forms, stay safe and free
Michael Rada, HUMAN
INDUSTRY 5.0 FOUNDER