Page 123 - Are You Future Ready?
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Chapter Two - Right Timing
things (IoT), a variety of knowledge and information is
shared to create new value through the analysis of data.
Facing the dual pressures of a declining birth rate and an
ageing population, Japan’s Society 5.0 is considered to be
a strategy to turn the crisis into an opportunity and become
a new engine to drive the country's economic growth.
However, the problems encountered in the IoT, such as
system standardisation, network security, personal privacy
and so on are complicated. The government cannot solve
it alone. Therefore, the WEF suggested collaborations 121
among public and private organisations as well as people
from all walks of life.
