Glimpse of Cognitive Computing Towards Society 5.0

We are just a decade or less, away from a “smart future” environment. Technology has revolutionized our lives in the past couple of decades. Things we had never dreamt of had happened, and yet we are about to witness things that would be flabbergasting. The current information society 4.0 is shifting its gear up to “Society 5.0Society 5.0” which is a smart initiative of Japan. This initiative of Japan would serve as a road map for other countries to follow. Japan describes Society 5.0 as a socio-economic transformation that will have profound incorporation of technology. Every walk of the society is benefited by this revolutionary transformation. The main domains of Society 5.0 are Energy, Infrastructure, Mobility, Healthcare, FinTech, Education, Manufacturing, Logistics, and Cyber space. Society 5.0 needs to design a human-centered society in which the technical advancements are meant to aid human in decision-making process, rather than replacing us with smart algorithms. The past Society 4.0 was encountering a threat when AI and machine learning boomed up in routine walks of life. Individuals believed that they would be replaced by robots and smart systems in near future. However, it was revealed that the usage of AI and machine learning models was not sufficiently good enough in many predictions as it doesn’t have a “Human-touch” in terms of experience and knowledge. Those systems were working based on pre-existing algorithms loaded with huge collection of data. What is happening underneath the huge neural networks is a kind of black box in many applications. A society cannot take such a huge risk in most prevalent domains like Healthcare, Finance sector, and Infrastructure. Hence, a fresh idea must be unveiled which can analyze huge amounts of data and optimize the recommendations and aid humans in final decision making. This novelty is named as Society 5.0 which integrates cyber spaceCyber space and physical spacePhysical space and bring forth balances in economic advancements by resolving social issues.