Society 5.0 and the Next Wave of Innovation

Description:

The rise of Society 5.0 is currently being built before us, with the primary influencers being governments and startups. Society 5.0 features a highly-interconnected society, greater standard of living for all humans worldwide, and a continuous feedback loop fueled by the data that we generate. While governments can remove hurdles through public policy, startups will continue to play an ever-increasing role in quickly and iteratively building products that meet the demands of future society. We've already seen moves towards this type of society from both government and investors, as indicated by efforts such as Singapore's Smart Nation, Japan's Society 5.0, and Softbank's Vision Fund(s). However, there are still challenges to address, such as privacy, security, and accessibility for all.