Artificial Intelligence & Industry 4.0: Crucial Drivers of Trillion Dollar Global Economy

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Artificial Intelligence, commonly achieved through machine learning, is a rapidly expanding field contributing immensely to the recent developments in Industry 4.0. For the realization of Industry 4.0 goals, AI and Industry 4.0 are exploring blockchain and AI technologies.

Artificial Intelligence, brought about because of the combination of several technologies, enables software and machines to sense, understand, act, and learn on their own or augment human activities.

Industry 4.0, whose key objective is to operate computers in a decentralized and autonomous manner in cases of exceptions, interferences, or overlapping objectives requiring external feedback, is leading to the industrial digital revolution. Through the help of AI, Industry 4.0 has networked factories that are smart and highly embedded in the supply chain, design team, production line, and quality control.

Examples of AI technologies propelling Industry 4.0 are machine learning, cognitive computing, the Internet of Things, factory automation, robotics, big data, and a host of others.

Various advancements in Industry 4.0 made possible by AI and machine learning are the use of sensors in combination with machine learning for easy evaluation of output of each development phase, successful development and launch of autonomous vehicles and robots, adaptation of supply to demand, improvement of user services such as AI-driven chatbots on e-commerce sites, and the use of sophisticated tractors and smart plucking machines in agriculture.

In this video, Astronautics4Xploit presents "Artificial Intelligence & Industry 4.0: Crucial Drivers of Trillion Dollar Global Economy". The focus points are Artificial Intelligence, Industry 4.0, the Impact of AI on Industry 4.0, AI applications in Industry 4.0, AI Technologies Revolutionizing Industry 4.0, and AI Tools for Industry 4.0.

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