Furthermore, the article explores the potential of text-to-video AI tools, like OpenAI's Sora, in upskilling the labor force and providing immersive training. It suggests that AI will be pivotal in defining the future of companies, with those that continuously learn and improve leading the way. The article concludes by stating that AI will enable future companies to leverage technology and human resources to build a safer and more prosperous world.
Key takeaways:
- The advent of AI is bringing large transformational changes in the industry, increasing the speed of output and automating manual tasks.
- Internet of Things (IoT) devices can collate, store and analyze an entire factory’s data to understand inefficiencies and quality drops, and foster growth.
- AI-enabled video analytics can enhance quality control through defect detection, worker rate comparisons, efficiency analyses and final product quality checks.
- AI tools like Sora, a text-to-video tool, can enable better training and upskilling for the labor force, leading to productivity gains with minimum investment.