The impact of AI on manufacturers in 2024 is not as groundbreaking as many may think. While there is a lot of hype and optimism surrounding the use of AI in manufacturing, the reality is that it is primarily being utilized by large corporations. Small businesses are only scratching the surface of AI benefits, while big companies like Klarna, BMW, Amazon, and Tesla are investing millions in AI projects such as chatbots, humanoid robots, and AI-powered 3D printers.
Current AI solutions for manufacturing are custom and tailored to the specific needs of each company. The software companies that most businesses rely on have not yet integrated AI-driven tools into their applications. Instead, corporations are working with firms like Mobidev, Innover, and Pleora Technologies to develop custom AI solutions that are tailored to their internal processes and proprietary information.
AI in manufacturing is leveraging existing technology to enhance software and hardware. Rather than creating new technology, AI is being used to upgrade and improve existing systems. For example, quoting solutions, robots, and drones are all being enhanced with AI capabilities to better identify and adapt to products, construct better queries, and perform more complex tasks independently.
Generative AI, which is currently in its infancy, has its limitations. While it is powerful, there are risks associated with its use such as hallucinations, misinformation, and loss of control. Companies are still testing and training these models, and improvements are being made with new releases on the horizon. The development of Artificial General Intelligence (AGI), where machines can perform as well as or better than humans, is on the horizon and will have a significant impact on manufacturing operations.
For manufacturers looking to stay current with AI trends in 2024, attending industry conferences and trade shows is the best way to see AI technologies in action. Hardware companies, software companies, and equipment makers are heavily investing in AI, and these events provide an opportunity to learn about new products and technologies that are leveraging AI. This direct exposure to AI applications in the manufacturing space can help companies understand the potential impact of AI on their operations in the coming years.
