The second pillar is the multi-stakeholder approach. The new governance model needs to be one in which multi-stakeholders formulate rules and solve problems in a cooperative manner rather than one in which a single government sets uniform rules. This diagram indicates how the role of each stakeholder should change in Society 5.0. Namely, the “government” will serve as a facilitator of multi-stakeholder rulemaking and a provider of fundamental infrastructure or standards rather than the sole provider of rules or systems. “Businesses,” on the other hand, will become active designers of rules through providing self-regulations and designing digital architecture rather than passive followers of given regulations. Finally, “communities and individuals” can become more than vulnerable actors who lack sufficient information. They will become participants of governance who are able to actively communicate their values and evaluations to society or the government.

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