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Artificial Intelligence in Manufacturing Companies and Broader: An Overview

Borut Buchmeister, Iztok Palčić, Robert Ojsteršek

Year
2019
Citations
44
Access
Open access

Abstract

The workplace as we know it and production systems as a whole will not be recognizable in a decade's time. In this chapter an overview of expected future changes in manufacturing systems is given. Artificial intelligence (AI) is the key driver in this change and it is critical to prepare us for a future dominated by AI. Robots and AI will prove far more disruptive than anything we have seen before. The most effective AI systems will be designed around the concept of intelligent augmentation. They will handle the math and basic analysis, relieving skilled operators of a tedious burden, absorb data, classify and prioritize information, conduct simulations and ultimately leave it to the human operator to decide the course of action. In the AI future, jobs requiring human creativity and management expertise will enjoy the greatest job security. This is our competitive advantage as humans. Those who understand the collaboration with other humans while working with AI tools to enhance their organization's effectiveness will create maximum value. An energyand resourcefriendly production is an important key performance indicator for industrial companies to work economically and remain competitive.

Keywords

Key (lock)Production (economics)CreativityComputer scienceAction (physics)Knowledge managementValue (mathematics)Risk analysis (engineering)Artificial intelligenceEngineering

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