Using machine learning to streamline every phase of production, starting with inbound supplier quality through manufacturing scheduling to fulfillment is now a priority in manufacturing. According to a
Source: McKinsey/Harvard Business Review. Most of AI’s business uses will be in two areas by Michael Chui, Nicolaus Henke, and Mehdi Miremadi. March 2019 Boston Consulting Group found that manufacturers’ use of AI can reduce producer’s conversion costs by up to 20% with up to 70% of the cost reduction resulting from higher workforce productivity.
Source: McKinsey, AI in production: A game changer for manufacturers with heavy assets, by Eleftherios Charalambous, Robert Feldmann, Gérard Richter, and Christoph Schmitz
Until they discover a replicable fault in the programme reproduced a few billion times.
Well, I guess we can stop praying for those engineering jobs in auto plants then, when the machines break down too. AI's got us covered.
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