Introduction to artificial intelligence application in industry 5.0 revolution

In today's time, with the digital revolution and the advent of technologies both customers and organizations are getting exposed to a larger amount of information than ever before, making organizational decision making challenging.Industrial Revolution 4.0 led to the emergence of smart factories with the development of technologies such as Internet of Things (IoT), Sensors, Industrial Internet of Things (IIoT), Cyber-Physical Systems, Cloud Computing, Big Data, and Artificial Intelligence (AI).Their prime focus was to increase productivity and mass production through automation and somewhere superseded humans over technologyenabled machines.With the uprising of Industry 5.0, the vision for this industrial revolution is perceived as supporting not superseding humans.Humans and AI may have multiple roles to play in an organization, but organizations in which both humans and AI act as decision agents need to emphasize managing the impact of technological involvement on human performance and vice-versa, to work in collaboration.This study aims to understand the role of human and AI-enabled machines in organizational decision-making.Different strategies related to human-machine collaboration existing in research are also discussed to enable the organizations, as well as the researchers, to identify the most suitable strategy for organizational decision making in industry 5.0, where human-machine collaboration is the primary goal.The first three industrial revolutions were driven respectively by mechanization, electrification, and automation which had gradually transformed the agrarian economy into a manufacturing-based economy.While we are currently living to see the fourth industrial revolution (also known as Industry 4.0) unfolding around us, the world is poised for the next big leap, the fifth industrial revolution or Industry 5.0.Industry 5.0 has been defined on the basis of principles of Human Centrality, Sustainability, and Resiliency by considering that the fourth industrial revolution does not pursue these goals.