We stand on the brink of a new era, fueled by the rapid advancement and integration of Artificial Intelligence (AI). Today, the manufacturing industry is poised to undergo a transformation unlike any it has seen before.

While the transition from manual labor to automated processes marked a significant leap, and the digital revolution of enterprise resource management systems brought about considerable efficiencies, the advent of AI promises to redefine the landscape of manufacturing with even greater impact.

Central to this transformation are Large Language Models (LLMs) and generative AI technologies. These tools are significantly lowering the barrier to entry for subject matter experts and field engineers who traditionally have not been involved in coding or “speaking AI.” The impact of this should not be underestimated. Up to 40% of working hours across industries could be influenced by the adoption of LLMs, a significant shift in workforce dynamics.

AI, and particularly LLMs, will have a profound impact on the manufacturing sector. The opportunities are vast — but there are potential challenges, too.

Source: https://www.weforum.org/

Read full article: https://www.weforum.org/agenda/2024/04/why-large-language-models-are-so-important-for-the-future-of-the-manufacturing-industry/