GE Working on Robot That It Says Can Save $200 Billion of Power

#artificialintelligence 

General Electric Co. is working on a way to use artificial intelligence in electricity grids, a technology that it expects will save $200 billion globally by improving efficiency. "We're also putting a lot into the machine learning side, a lot," said Steven Martin, chief digital officer at GE's energy connections business, at an interview at the Bloomberg New Energy Finance summit in London. "We have a lot of people working on this." This is expected to significantly increase the efficiency of the grid and save consumers money. Researchers are looking into how so-called machine learning can be integrated into businesses from healthcare to computing, and now energy.

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