Adopting AI

$13 Trillion
AI value creation by 2030

Source: McKinsey Global Institute

A lot of the value created by AI will be outside the software industry. AI will have a huge impact
on all the major industries.
There are 2 types of
AI

ALMOST NO
ANI PROGRESS
Artificial Narrow Intelligence
AGI
LOTS OF Artificial General Intelligence
PROGRESS
Artificial Narrow Intelligence
(ANI)
These are AIs that do one thing such as:

● smart speaker
● self-driving car
● AI to do web search
● AI applications in farming or in a factory.

These types of AI are one trick ponies but when you find the appropriate trick,
this can be incredibly valuable.
Artificial General Intelligence
(AGI)
That is the goal to build AI.

They can do anything a human can do or maybe

even be superintelligent and do even more things
than any human can.
Progress in ANI vs
AGI
The rapid progress in ANI has caused people to
conclude that there's a lot of progress in AI,
which is true. But that has caused people to
falsely think that there might be a lot of progress
in AGI as well which is leading to some
irrational fears about evil clever robots coming
over to take over humanity anytime now.
Achieving AGI Will Take
Time
AGI is an exciting goal for researchers to work on, but it
requires many technological breakthroughs before we get
there and it may be decades or hundreds of years or even
thousands of years away.
Artificial Intelligence in Manufacturing
The Factory of the Future

Source: BCG
 Trends shaping the Manufacturing sector – AI and
Advanced Analytics is at the core of Smart Manufacturing
Predictive Maintenance
Using the power of machine learning to provide
manufacturers with contextual insight and
intelligence based on data captured form machinery
performance and processes across the plant floor.
Demand Forecasting and
Inventory optimization
Robust demand forecasting based on critical
demand drivers; improved decision making
through structured scenario analysis. Inventory
optimization using statistical modelling
techniques to perform inventory stock level vs
lost sales scenario analysis
Intelligent data security solutions
The role of cybersecurity becomes even more essential
today as significant operational risks for connected, smart
manufacturing, digital supply networks, and entire
manufacturing ecosystems emerge, highlighting risks at
the intersection of cyber and physical infrastructure.
Human Robotics Collaborative Ecosystems
New generation of robotics capable of image and speech
recognition are taking over precision operations in the
factory with human workers undertaking higher-level jobs
such as programming, maintaining and coordinating
robotic operations.
Intelligent Factory Operations
IoT is revolutionizing many aspects of
AI is defining manufacturing operations including real-time
Manufacturing production monitoring, improving the accuracy
of key metrics including Overall Equipment
Effectiveness (OEE), production yield rates and
production efficiency.
Application of Digital Twins
The Digital design, simulation, and integration (DDSI)
market are predicted to grow from $25B in 2016 to $45B in
2021. Simulation will enable the virtual testing of plant
production system at planning stage to prevent any
potential faults.
Source: News Analysis, PWC, BCG
Roadmap for developing the AI and Analytics Strategy
01
Understand your starting position
Understand the consumer expectations and
then review your current maturity and identify
areas for improvement
06
Segmented rollout and
capability development
After a successful pilot, the rollout should start
with those business areas where expected
benefit is highest.
02
Find a Champion
03
Define your strategy
Identify the right leader to sponsor innovation Determine your target maturity level and the
and change. Your COO, CFO, and CDO can help vision that best supports your business strategy
minimize internal resistance and define your
new organization as you start to implement
changes.
05
Deploy small pilots
04
Develop the appropriate road map
These “lighthouse” projects should aim at Settle on the necessary implementation steps
testing the end-to-end flow for a specific and work them into a detailed road map
function, rather than implementing a limited set
of technologies on a broader scale
What is this?
What is this?
What is this?
Human VS. Machine
Experiences
 …in immersive
Emphasis

Propertie on a c t i v i t i e s
p l a c e s in which
the self is
of
s present

Metaverse
…with the ability
the …crafted by an
exponential
to link a n d
embed
rise in c r e a t o r s immersive,
emergent content
The metaverse is not “a” metaverse. It is the next generation of
the Internet: a decentralized multiverse, led by a new and
abundant generation of creators.
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