Opening New Horizons with Real-World AI
Opening New Horizons with Real-World AI
What is real-world AI?
At MakinaRocks, we believe AI can make the world a better place. Its innovations will extend far beyond office productivity and digital environments. We see AI creating unprecedented advancements in the real world, where we breathe, move, and interact.
In the vast expanse of the real world, we harness AI to intelligentize industrial sites. With endless streams of industrial data from countless machines, we solve complex challenges and drive real business impact. The industrial floor is constantly evolving, and the challenges are becoming tougher. We break new ground in this complex and unpredictable environment with industry-specific AI.
Why we're focused on real-world AI
What lies ahead for real-world AI? At its core, AI is a technology designed for people. It rapidly and accurately solves real-world problems while also uncovering new solutions that humans might not envision. Real-world AI is about harmonizing people and technology to build a better world. We’re creating a future where the industrial workspace is intelligent, allowing people to focus on what they do best.
Real-world AI: Bigger markets, bigger value
General-purpose AI like ChatGPT enhance office productivity by translating, writing, coding, and more in digital environments. Fashion e-commerce platforms and content platforms offer personalized recommendations. It’s almost impossible to navigate the digital world without AI. But what about the economic implications in the real world? According to the World Bank, the digital economy contributes over 15% of global gross domestic product (GDP). While the digital economy is rapidly expanding, the physical world still constitutes the majority of the global economy. We believe AI will have an even greater impact when applied to these vast markets. AI has the potential to revolutionize industries such as automotive, robotics, semiconductors, batteries, energy, logistics, and more.
The value of AI in real-world industries is immense. For instance, in manufacturing, AI can enhance demand forecasting, enabling logistics to optimize inventory management and delivery planning. This leads to faster delivery times and cost reductions. Retailers can also optimize inventory and plan sales promotions based on AI-driven demand forecasts. As AI applications in manufacturing increase, IT companies will develop new solutions and services to support them, driving further R&D investment and technological advancements.
Real-world AI: Greater potential, greater impact
The potential of real-world AI is just the tip of the iceberg. AI and data are intrinsically linked; AI needs data to function, and data determines AI’s effectiveness. In the digital world, vast amounts of online data can be easily collected and analyzed at relatively low costs. But what about the real world?
Look around your surroundings. We generate massive amounts of data daily. Home appliances, vehicles, daily routes, and objects we use all produce data. AI can analyze this data to make our lives more efficient, solve unpredictable problems, and unlock new possibilities.
In industrial environments, machines continuously generate data such as vibrations, temperatures, and sounds. A well-designed AI system comprehends the physical laws and context of this data. It can recognize real-time events on the industrial floor and control physical elements like equipment and robots. AI is redefining automation from rule-based tasks to intelligent operations. However, obtaining high-quality, consistent data remains a significant challenge. There is a wealth of untapped data in the real world, and harnessing this data can unleash AI’s full potential.
Interested in exploring the new horizons of real-world AI, with its vast markets and immense potential? Stay tuned for the next installment of our series, where we’ll showcase how we’re making real-world AI a reality with enterprise customers across various industries, including automotive, semiconductor, battery, chemical, defense, retail, and utilities. In the meantime, if you’d like to discuss real-world AI for your organization, click the banner below to reach us. We’re here to help.