Known Unknowns in an Era of Technological and Viral Disruptions—Implications for Theory, Policy, and Practice

Abstract

Technology is composed of the words "Techne" and "Logos" that refer to the artistic/ creative and the logical/scientific aspects of its dualism. And so inherent this Promethean concept lie the concepts of the Schumpeterian creative destruction and also the promise and potential for humanity's better tomorrows. We live in an era of artificial intelligence-driven as well as viral disruptions that challenge the mind as well as the body. At the same time, the impact of our pursuit of prosperity at any cost on the environment triggers displaced people floods and viral pandemics undermining the standard of living and more importantly the foundations of trust in institutions and in a better tomorrow feeding populist movements and autocratic trends in democracies as well as emboldening dictators. This work discusses the concepts of Risk Management 5.0, Industry 4.0, Industry 5.0, Society 5.0, Digital Transformation, Blockchain, and the role of AI via the Internet of Things architectures that could enable "smarter as well as more humane solutions to our challenges."

The Futures of Europe: Society 5.0 and Industry 5.0 as Driving Forces of Future Universities

“…In this sense, innovation and knowledge in smart environments should be the result of a sharing process that involves all the actors of an innovation ecosystem, interpreting complexity as an opportunity and not as a threat. This type of “openness” fits well with the new logics of Industry 5.0, according to which human-centred solutions should be guaranteed for systemic and sustainable development (Carayannis et al, 2021a , b , c ).…”

“…Educational organisations and higher education institutions (for example, universities) can be expected to play a crucial role. Democracy, environmentalism and the innovation-driven knowledge economy may be co-evolving (Carayannis et al, 2021a , b , c , p. 12).…”

“…Artificial intelligence can be both enabler and threat to organisations so that organisations must find their own ways to successfully manage their transition towards desired future. A great variety of definitions of DT exist in the literature (Abad-Segura et al, 2020 ; Almaraz et al, 2016 ; Breque et al, 2021 ; Carayannis et al, 2021a , b , c ; Carayannis & Morawska-Jancelewicz, 2021 ; Carayannis, 2021a , b , c , d ; Carayannis, 2020b ; Carayannis, 2019 ; Fukuyama, 2018 ; Hashim et al, 2021 ; Giang et al, 2021 ; Rego et al, 2021 ; Rodríguez-Abitia & Bribiesca-Correa 2021 ; Sułkowski et al, 2021 ; Vial, 2019 ; Vishnevsky et al, 2021 ) that stress the role of the contextual factors, the size or location of the organisation and its cultural, regional embeddedness. In order to take advantage of emerging technologies and their rapid expansion in human activities, organizations must reinvent themselves and transform all their processes.…”

“…The recently discussed concept of Society 5.0 (S5.0) and Industry 5.0 (I5.0) (Carayannis et al, 2021a , b , c ; Carayannis & Morawska-Jancelewicz, 2021 ; Carayannis, 2021a , b , c , d ; Carayannis, 2020b ; Breque et al, 2021 ; Fukuyama, 2018 ) highlights the need to re-think existing working methods and approaches towards innovation and to focus them on developing human-oriented solutions and social innovation (Morawska-Jancelewicz, 2021 ). Society 5.0 and Industry 5.0 both reflect fundamental shift of societies and economies towards new paradigm to balance economic development with the resolution of social and environmental problems and to tackle challenges associated with human–machine interactions and skills matching (Breque et al, 2021 ).…”

Democracy and the Environment: How Political Freedom Is Linked with Environmental Sustainability

“…By this, phrasing it metaphorically, the Triple Helix is embedded in the Quadruple Helix, and the Quadruple Helix is embedded in the Quintuple Helix. The Quadruple Helix contributes as the fourth helix in the media-based and culture-based public arts, artistic research, arts-based innovation, democracy and knowledge democracy, and in effect and essence, the civil society, referring to a democratic knowledge society and economy stakeholders such as creators, inventors, innovators, and entrepreneurs: "The Quadruple Helix innovation model can be seen as a model that integrates the dimension of democracy or the context of democracy in order to promote knowledge, knowledge production and innovation" [11] (p. 14) (see also [8,10,[14][15][16][17][18][19][20][21][22][23][24][25][26][27]). The Quintuple Helix is the fifth helix or dimension in the ecological perspective of the natural environment of society and economy [14] (p. 62) (see also [4][5][6]), as shown in Figure 1, which illustrates and emphasizes how democracy (knowledge democracy) and the environment (for example, social ecology and the climate) matter for knowledge and innovation.…”