Augmented reality (AR) allows us to experience virtual world creations in a real-world environment.
AR is building the foundation of a ‘Mixed Reality’ environment and industries must leverage this opportunity with AR readiness.
AR was first introduced to enhance our gaming experience by attempting to collaborate the gaming environment with the real-world environment. Next, AR entered the space of entertainment to transform our movie and TV experience into a surreal one. AR has since been thought of as a new aspect of entertainment like the Technicolor of the 1920s. In fact, AR has applications in a lot of other industries other than entertainment. It’s time now for other segments to work on their AR readiness.
The Widespread Application of AR
A few entrepreneurs in the fields of manufacturing and retail have been looking at AR and VR alike, to provide consumers with an interactive experience of their business. In fact, some of these have been set into motion to integrate AR with industrial environments. The expedition, a simulated environment platform for classrooms, was introduced by Google. In the healthcare sector, there have been initiatives like AccuVein, a mobile scanner that aids doctors and nurses to view the underlying veins and vessels in an AR view to precisely find a vein for an injection. This way, a lot of time and effort can be saved. Also, patients suffer less pain in the process. In defense, armed forces of several countries are leveraging this technology in the form of Heads Up Display. These HUDs allow pilots to focus on the flight conditions and display crucial information in the device mounted on the pilot’s head, which is directly relatable to the plane’s condition. AR is seen making way to shop floors of process industries. Intel-powered Daqri was showcased at CES 2016 and provides workers with an X-ray vision using AR to look for faulty pipelines. Once a fault is identified, Daqri can also provide the worker with maintenance guidelines to resolve the problem.
Industries Pushing for AR Readiness
Despite pioneering projects that proved the utility of AR in a wide array of industries, not many industries have made any effort to bring AR applications to mainstream work environments. Such ignorance may be because AR seems too fancy a technology to bring to workplaces. The boom of AR in games and entertainment could have dulled its progress in other industries. Entrepreneurs need to be educated about the unending potential of AR to help industrial workforces make their assembly lines and maintenance drives far more efficient. In fact, Euroforum, an automobile conference, entirely focuses on the use of AR in the industry, right from production to sales.
In conclusion, AR is ready for sophisticated applications in a wide array of industries. Sooner or later, stakeholders will realize that AR can do a lot more than entertainment. Until then, developers should remain confident about the technology and keep innovating in the field. One must remember here – the pioneers to bring AR into their workflows will be the ones who will benefit the most out of it.
Artificial Intelligence in the 4th Industrial Revolution
Artificial intelligence is providing disruptive changes in the 4th industrial revolution (Industry 4.0) by increasing interconnectivity and smart automation.
Industry 4.0 is revolutionizing the way companies manufacture, improve and distribute their products.
What Makes Artificial Intelligence Unique?
Artificial intelligence (AI) makes it possible for machines to learn from experience, adjust to new inputs and perform human-like tasks.
It allows computers to think and behave like humans, but at much faster speeds and with much more processing power than the human brain can produce.
AI offers advantages of new and innovative services, and the potential to improve scale, speed and accuracy.
There are 3 types of artificial intelligence:
Artificial narrow intelligence (ANI), which has a narrow range of abilities.
Artificial general intelligence (AGI), which is on par with human capabilities.
Artificial superintelligence (ASI), which is more capable than a human.
Artificial intelligence can also be classified as weak or strong.
Weak AI refers to systems that are programmed to accomplish a wide range of problems but operate within a predetermined or pre-defined range of functions. Strong AI, on the other hand, refers to machines that exhibit human intelligence.
Artificial intelligence has several subsets:
Most AI examples that you hear about today – from chess-playing computers to self-driving cars – rely heavily on deep learning and natural language processing.
What is the Fourth Industrial Revolution?
The Fourth Industrial Revolution is the current and developing environment in which disruptive technologies and trends such as the Internet of Things (IoT), robotics, virtual reality (VR) and artificial intelligence (AI) are changing the way modern people live and work. The integration of these technologies into manufacturing practices is known as Industry 4.0.
The first industrial revolution used water and steam power to mechanize production.
The second used electric power to create mass production.
The third used electronics and information technology to automate production.
The fourth Industrial revolution is characterized by a fusion of technologies that is blurring the lines between the physical, digital, and biological spheres, with rising emerging technologies, as real AI, Narrow AI/ML/DL, robotics, automation, materials science, energy storage, the Internet of Things, autonomous vehicles, 3-D printing, nanotechnology, biotechnology, neurotechnology, cognitive technology, and quantum computing. It implies radical disruptions to everything, industries, jobs, works, technologies, and old human conditions. In its scale, scope, complexity, and impact, the AI transformation will be unlike anything humankind has experienced before.
The Role of Artificial Intelligence in the 4th Industrial Revolution
Artificial intelligence is making companies make the best use of practical experience, even displacing traditional labor and becoming the productive factor itself.
It offers entirely new paths towards growth for manufacturing, service, and other industries, reshaping the world economy and bringing new opportunities for our societal development.
As AI begins to impact the workforce and automation replaces some existing skills, we’re seeing an increased need for emotional intelligence, creativity, and critical thinking.
Zvika Krieger, co-leader of the World Economic Forum’s Center for the Fourth Industrial Revolution.
Deploying AI requires a kind of reboot in the way companies think about privacy and security, As data becomes the currency of our digital lives, companies must ensure the privacy and security of customer information.
Businesses will need to ensure they have the right mix of skills in their workforce to keep pace with changing technology.
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