The Future Of Artificial Intelligence Impact On Traditional Manufacturing Industry

Believe it or not, with artificial intelligence and CNC machining in UYEE company we are facing the first real transformational technology, also including the point of view of people (not corporate). The cause is reduced to a simple fact: until now, technology has been created to be used by human beings, and based on that use, relationships, business, applications and / or solutions for society were developed.

Technological advances are changing the rules of the game for companies. The development of robotics, the internet of things, artificial intelligence (AI) and CNC machining, among many other factors, are forcing companies to adapt to new ways of organizing, new production models and new human resource strategies to do facing this reality that advances at a dizzying pace.

Artificial Intelligence Will Change the CNC Machining Industry

Adecco has carried out a study to measure the direct and indirect impact of artificial intelligence in the world of work. The result reflects that, despite the fact that this technology is still in full development, 37% of the human resources directors surveyed believe that artificial intelligence and CNC machining already have a significant relevance, is the present and is a reality at the moment. 48% maintain that the true impact will come soon, in the short-term future, and that you have to be prepared for when that happens.

Thus, we find that this type of technology breaks with this premise: in this case, the AI is the one that feels, understands and acts. In other words, the business layer of a country (the one that generates value and wealth) is being endowed with an autonomous, intelligent capacity, capable of emulating what human strength was doing until now. This new panorama implies an important component of social impact, and therefore we must take into account the control that this type of impact requires.

Four years ago, according to Tech Vision (Accenture), the smart enterprise ranked fourth among the most relevant trends, while three years ago, topics involving AI were ranked as the most relevant. It is not only a technological concept, but also with a large component of social impact, which implies special procedures when dealing with and managing it within the company.

Artificial Intelligence Makes the Improve Productivity Hugely

However, although artificial intelligence and CNC machining are present on everyone’s agenda (managers, C-levels, programs, etc.), what is still not taken into account is the impact of it. The focus is on training artificial intelligence and CNC machining in UYEE company, but since the system emulates what a person does (actuates, understands and makes decisions), it is becoming essential to take the impact into account.

To illustrate the importance of this impact, we can put the case of Ant Financial (part of AliPay), a fintech that has just raised the largest financing for this type of companies globally. This fintech is determining payments, insurance, loans, etc. based on machine learning. As we can see, the relevance of the task has an incredible impact, to the point that a single decision can change the economic situation of a family or business

Why does the case of artificial intelligence and CNC machining require a different management? Apart from what has already been commented, we have to observe three major factors: AIs learn autonomously, make autonomous decisions and evolve without human intervention. Continuing with the previous example, I would do it based on the optimization of economic ratios. This presents us with a double perspective, with challenges and opportunities that are worth highlighting:

The artificial intelligence of a company can interact with people. This makes them a representative of the company, for better or for worse.
AI can be allowed to make decisions with the same authority as humans.
The company can use machine learning to develop a series of skills that can be used by various functional areas of the company.

AI and workers

As with robotics, the risk that the development of artificial intelligence and CNC machining can pose to workers is often discussed. However, 74% of HR experts are convinced that there is nothing to worry about. Of these, 67% believe that the possible elimination of jobs will be clearly offset by the creation of new ones, in such a way that the number of employed will remain stable, while 7% believe that new needs will be created that will require of a greater number of professionals than exists now and companies will have to expand their workforce.

Only 26% of those surveyed think that artificial intelligence and CNC machining will cause the destruction of jobs at a faster rate than new ones will be created and that the total balance will be negative.

Higher productivity

Almost all experts (94%) are sure that AI will serve to increase human performance. So much so that 98% of them consider that the implementation of these systems will lead to an exponential increase in the productivity of companies, although 73% believe that this will require making the most of the true potential of smart technologies. Only 2% of the managers consulted say that productivity growth will not be so high.

In addition to improving productivity, artificial intelligence could also improve the living conditions of workers, as 72% of those surveyed think. These ensure that these technologies will take care of the routine tasks that hinder the work of professionals. 28%, on the other hand, consider that they will bring benefits to employees, but not so many as to say that it will improve their quality of life.