Why Manufacturing Stands to Gain the Most Through Artificial Intelligence - PCQuest

Siri on the iPhone, Cortana on Windows, Alexa, self-driving cars, and face recognition on Facebook photos, these are all examples of how Artificial Intelligence (AI) is already having a profound impact on human lives. This trend is also impacting manufacturing, albeit on a smaller scale now, with robots being increasingly used to replace humans in factories across the globe, from the US, Europe, Japan, China and Taiwan. Foxconn has already replaced 60,000 humans with robots in its factories, after developing artificial intelligence solutions for its manufacturing processes. Such a strategy they insist shall help them offset increasing labour costs in labour-intensive countries such as China. Also, with AI technologies finding their way into manufacturing, leading economists from MIT are worried that technology is replacing jobs at a faster pace than creating new ones, which could lead to higher unemployment over a short-term period.