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Student perspectives on artificial intelligence in Industry 5.0

Author

Listed:
  • Anxhela Ferhataj

    (European University of Tirana, Tirana, Albania)

  • Roland Sahatcija

    (Researcher, Toronto, Canada)

  • Ariel Ora

    (Researcher, Toronto, Canada)

Abstract

Objective:Adopting Industry 5.0 is critical for developing a competitive advantage and achieving economic growth in today's rapidly changing business environment, which is characterized by constant technical breakthroughs. The aim of this study is to explore student perspectives on the role of artificial intelligence (AI) in industry 5.0. Method: This study used a questionnaire-based survey method to collect data on students' perceptions of artificial intelligence (AI) in the context of Industry 5.0. The questionnaire included multiple-choice and Likert scale questions aimed to extract respondents' perspectives and attitudes on various areas of AI and its impact on industry. The questionnaire was given electronically to students with a variety of academic backgrounds and levels of technological ability. The study sample includes 340 students from the European University of Tirana. The hypotheses are tested using a 95% confidence interval. To analyze the data, JASP - 0. 18. 3 was used. Results: Most students predicted that AI would have the greatest impact on the IT industry during the next five years. Students were divided on the influence of innovative technology trends on the work market over the next 5-10 years, with some expecting increased job opportunities and others predicting job automation or elimination. The most significant skills highlighted for IT professionals for the next five years include programming languages, data analysis and management, cloud computing, communication and teamwork, creativity and innovation, and AI/machine learning. The need of retraining and upskilling the workforce to adapt to Industry 5.0 was recognized, emphasizing the necessity for educational and training programs that prepare people for AI-driven industries. Originality: This study's unique approach is its emphasis on student viewpoints, specifically within the context of Industry 5.0. While studies on AI perceptions among the public or industry experts may exist, the purpose of this study is to fill the gap in the literature by investigating how students, as future professionals and leaders, perceive AI in the emerging landscape of Industry 5.0.

Suggested Citation

  • Anxhela Ferhataj & Roland Sahatcija & Ariel Ora, 2025. "Student perspectives on artificial intelligence in Industry 5.0," Romanian Journal of Economics, Institute of National Economy, vol. 60(1(69)), pages 84-98, June.
    • Handle: RePEc:ine:journl:v:60:y:2025:i:69:p:84-98
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    Keywords

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    JEL classification:

    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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