IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-981-96-4104-8_14.html
   My bibliography  Save this book chapter

Futuristic Challenges in Circular Economy: Transforming Challenges into Opportunities in Industry 5.0

In: Sustainable Economy Models in the Age of Industry 5.0

Author

Listed:
  • Gayatri Rathi

    (Swami Vivekanand Subharti University)

  • Samta Kathuria

    (Parul Institute of Law, Parul University)

Abstract

Sustainability through a circular economy using artificial intelligence within the context of Industry 5.0 is therefore a viable line of development. Industry 5.0 focuses on the placement of people alongside smart technology to work together and best fit circular economy guidelines, including waste reduction, better resource utilization, and recycling. This study also explores whether AI has a role in making linear industries circular by offering cutting-edge technological applications for waste and resource management, as well as supply chain traceability utilizing predictive modelling, self-acting sorting, and digital replicas. The research methodology of the study is done after reviewing high-quality research reviews and articles to draw evidence from existing literature and case studies to establish the use of AI in the circular economy to overcome these challenges. Further, the absence of clear legislation to address the use of AI in circular models hinders the advancement of circular economy applications, particularly in developing nations that have poor technological environments. To overcome these challenges, this study proposes a behavioural systems approach. Finally, outlining the state-of-the-art advancements of AI, the paper appeals to industries, policymakers, and communities for cooperation to realize AI’s potential and pursue the Industry 5.0 goals for developing a sustainable and resilient economy worldwide.

Suggested Citation

  • Gayatri Rathi & Samta Kathuria, 2025. "Futuristic Challenges in Circular Economy: Transforming Challenges into Opportunities in Industry 5.0," Springer Books, in: Rakesh Kumar & Sachi Nandan Mohanty (ed.), Sustainable Economy Models in the Age of Industry 5.0, pages 229-251, Springer.
    • Handle: RePEc:spr:sprchp:978-981-96-4104-8_14
    DOI: 10.1007/978-981-96-4104-8_14
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-981-96-4104-8_14. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.