Why explainable AI is essential for the growth of industry 4.0

The first industrial revolution witnessed the birth of steam- and water-powered technology, and now, almost two centuries later, humanity has come a long way and is now experiencing its fourth industrial revolution, otherwise known as industry 4.0. To ramp up the speed of the revolution, experts believe that AI and XAI will play an essential role. Industry 4.0 is centre around enhancing industrial efficiency, utilising technologies such as the internet of things (IoT), cloud computing, cyber-physical systems, and AI. AI is the predominant driver of industry 4.0, automating intelligent systems to self-monitor, interpret, diagnose, and analyse by themselves. AI systems such as machine learning (ML), deep learning (DL), natural language processing (NLP), and computer vision (CV) will enable industries to estimate their maintenance needs and become more efficient.