Defining the Benefits and Challenges of AI

Defining key terms in better understanding applications and clarifying expectations.

Watch as Manufacturing.net and Industrial Equipment News editors Jeff Reinke and David Mantey break down some of the misunderstandings surrounding AI and take a closer look at the potential benefits for the industrial sector. This includes terms and critical issues that get thrown around quite a bit, and can create unnecessary issues down the line.

The duo dives into the genesis of AI, including Artificial General Intelligence (AGI), or “strong AI,”, as well as Narrow AI, also known as “weak AI." The video also dives into the evolution of applications such as speech recognition systems, recommendation algorithms and image recognition software.

There's also a deeper dive on machine learning what the immediate and long-term future holds for the industrial sector due to an ever-expanding supply of data from the internet and hardware advancements like chips and processors.

There’s a ton of additional insight available from Oracle Netsuite on strategies and best practices related to integrating AI into your enterprise, and you can learn more about their offerings at netsuite.com.

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