Patrick Dixon is a global keynote speaker on AI in manufacturing, author of 19 books
NEW AI BOOK IN BESTSELLER LIST FOR 12 MONTHs IN AIRPORTS GLOBALLY - WH SMITHS
MANY OF MY CLIENTS are the world’s largest manufacturers, and I am often asked what next-generation digital will mean for their automation, factory design, maintenance and supply chain management, and how that will integrate with what is known as Industry 4.0.
This is all about tracking components (the Internet of Things), smart sensors, robotic automation, Big Data, cloud computing, predictive analytics, and now of course AI.
Manufacturers are already spending $6bn a year on AI, increasing 24% annually. And by 2030, it is likely that they will realise cost savings of $2bn or more every year as a direct result.
Over half of the UK’s larger manufacturers are investing in AI, machine learning and augmented reality, and 40% say that they will soon adopt generative AI. Three quarters have already invested in automation or are about to, and one quarter plan to automate up to 25% of all processes over the next twenty-four months.
But at the same time a REALITY CHECK - in 2026, 90% of company CEOs and corporate executives in two large global surveys said they had yet to see ANY benefit from their AI investment over the last 2-3 years - that is despite a global spend of over $4 trillion. They should have read my book first - big lesson: focus on small, practical areas to fix with short payback period, using easily adaptable AI tools.
AI is improving manufacturing processes, product design and development, productivity and quality. Yet many are held back by a lack of technical skills and integration, as well as data challenges, cost and workplace culture.
It's all about COST and BENEFIT and TIMESCALE.
In the US, 70% of manufacturing CEOs say that they have seen immediate returns on AI investments they have already made, focussed mainly on key areas with immediate benefits such as:
◆ Better data on production
◆ More accurate scrap rates
◆ Smarter and more reliable supply chains
◆ Live output data from supplier factories
◆ Simplified procurement
◆ Increased quality control at every stage
◆ Improved health and safety performance
◆ Optimisation of industrial processes
◆ Improved machine design
◆ Better data integration across sites
◆ Faster diagnosis of bottlenecks
◆ Earlier prediction of likely machine failures
◆ Faster introduction of automation
◆ More accurate delivery dates for customers
◆ More accurate demand forecasting – improved by 13% or more
◆ Faster approval of planning applications for new sites
◆ Improved regulatory compliance
◆ Stronger risk analysis and management
◆ Better HR processes – hiring, performance reviews, personalised development
◆ Clearer and more accurate board reporting
Daily Telegraph review (14 September 2024 UK):
"If you need to acquire instant AI mastery in time for your next board meeting, Dixon’s your man.
Dixon gives us plenty to think about: AI’s role in surveillance; AI’s role in intellectual freedom and copyright; AI’s role in warfare; AI’s role in human obsolescence – his exhaustive list runs to over two dozen chapters.
Business types will enjoy Dixon's meticulous lists and his willingness to argue both sides against the middle."
Read on - buy BESTSELLER LIST book NOW. How AI Will Change Your Life
Looking for world-class keynote speaker on Manufacturing and AI? Call +44 7768511390
* Dr Patrick Dixon is one of the world's best known keynote speakers on global trends, often described as Europe’s leading Futurist. Author of 19 books, he has advised over 400 of the world’s largest corporations, often sharing platforms with their CEOs at their most important global events. His clients include Google, Microsoft, IBM, Intel, LinkedIn and many of the world’s largest manufacturers as well as governments. Patrick is a cancer physician by first training and his first start-up company some decades years ago was an AI-simulator, using computers to talk to and diagnose patients. His website globalchange.com has had 15 million unique visitors with 9 million video views.
How AI will change your life - Contents of BookChapter Headings:
Part One: How AI Is Evolving
1 The Truth About Artificial Intelligence
2 Super-Smart AI and a Reality Check
Part Two: How AI Will Shape Our Future World
3 Workplace AI
4 Office Workers - impact of AI
5 Healthcare - how AI will drive better health
6 Pharma, Disease Prevention and Wellness - how AI will transform pharma
7 Education – in School and at College - AI challenges to education
8 Adult Education and ‘Truth’ - why AI will redefine "Truth"
9 Software Development - AI will help but less than many think
10 Film-making and Music - get ready for AI revolution
11 Search Engines, Social Media, Publishing and Art - massive AI impact
12 Marketing - most campaigns will be driven entirely by AI
13 Retail - AI will have huge impact on retail eg fashion
14 Travel and Leisure - multiple impacts of AI on airlines, auto industry etc
15 Relationships - relationships with AI bots, and impact of AI on human to human relationships
16 Food Industry - AI will drive greater efficiency
17 Satellites and Space Colonies - impossible without AI
18 Manufacturing, Logistics and Supply Chains - major benefits from AI
19 Construction and Cities - AI will transform construction and the built environment
20 Environment - AI will consume huge amounts of power but also enable sustainability initiatives
21 Pensions and Wealth Management - AI already controls most investment decisions
22 Corporate and Retail Banking, and Insurance - AI poses major threats but will deliver cost savings
23 Cybersecurity - greatest risk from AI right now
24 Surveillance - AI is every dictator's dream tech
25 Military and War - get ready for AI driven wars
26 Government - AI will enhance government and threaten democracy
Part Three: How Should We Respond?
27 Ten Steps for Governments
28 Twelve Steps for Individuals
29 Ten Steps for Companies
30 Postscript – A Story
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