The technological dimension or scope of the industry has been affected by the introduction of collaborative robots and embed systems in industry 5.0. Interoperability, decentralized decision-making, IoT, and information transparency are all embodied in collaborative robots. Together with collaborative robots or embedded system, Industry 5.0 will have a huge, all-encompassing effect. In this section, let's examine each of these effects.
Financial Impact:
Prior to Covid-19, you must have observed the rise in employment over the previous two decades, embedded systems autonomous robots are partly to blame for this, embeddedsystems are given jobs, leaving humans without work. Therefore, the collaborative report concept would be beneficial in this regard because it would encourage the utilization of human power once more in conjunction with the advantages of machinery automation robotics.
If you think about it from the perspective of the customer, you could now make anything that your customers want, machinery automation and robotics must no longer be restricted by standardization's industrial approach. Even if businesses wanted to, they were unable to manage a variety of mechanical product design services for each individual customer in Industry 4.0 settings. There were limitations to using robotic automation solutions. However, with generation 5.0, it is not impossible.

For humans working in the field, the robotics and automation systems and overall career value would be significantly higher, resulting in increased pay and job security. The human standard of living would rise as a direct result of robots in service industry.