In this IEN article, Nick Young, the Chief Digital and Innovation Officer at RS Group, explains how generative AI can enhance how engineers source new systems and components and what checks and balances should be put in place.
Nick Young, Chief Digital and Innovation Officer at RS Group
AI has become one of the defining technologies of our time. Its broad applicability and transformative potential across industries and use cases means it already touches our lives in multiple ways. Programs such as ChatGPT have demonstrated remarkable capabilities in natural language understanding. We also see advancing functionality in text-to-image creation opening up new possibilities.
Indeed, recent research from Gartner shows that 45% of executive leaders said that the success of ChatGPT has prompted them to increase artificial AI investments, while 70% said their organization was investigating and exploring mode the adoption of generative AI.
AI has become one of the defining technologies of our time. Its broad applicability and transformative potential across industries and use cases means it already touches our lives in multiple ways. Programs such as ChatGPT have demonstrated remarkable capabilities in natural language understanding. We also see advancing functionality in text-to-image creation opening up new possibilities.
Indeed, recent research from Gartner shows that 45% of executive leaders said that the success of ChatGPT has prompted them to increase artificial AI investments, while 70% said their organization was investigating and exploring mode the adoption of generative AI.
This rapid development presents opportunities and threats for organizations large and small. Immediate questions arise. What does the emergence of AI mean for my business? How might it change the dynamics of the organization in terms of offering greater efficiencies or differentiation? And how do we manage its implementation in a safe and ethical way? Each question needs careful consideration, as the head-long rush towards AI adoption can undoubtedly bring problems in its wake.
For answers to these questions as they pertain to industrial equipment designers, builders, and maintainers, as well as other expert insights from RS Group’s Chief Digital and Innovation Officer, click through to the full text of the article at IEN – Industrial Equipment News.
