Rolling Meadows, Ill., Aug. 22, 2017— What we are seeing in precision manufacturing is just the beginning, according to artificial intelligence (AI) and robotics expert Neil Jacobstein. Jacobstein is one of the speakers at the Metals Service Center Institute (MSCI) Economic Summit Sept. 18–19, 2017, at the Renaissance Convention Center Hotel in Schaumburg, Ill.
“The world of AI and advanced manufacturing today is mostly about creating sensors for pattern recognition in warehouses and on the factory floor, for predictive and more effective equipment maintenance,” he said. “We are now moving into making factory machines more responsive for more rapid turnover and more customization. Eventually we will have very customized manufacturing, a ‘run of one’ so to speak. But we are easily more than a decade away from doing that on a commercial scale.”
Jacobstein said he fully understands that for service centers and producers with five-year investment windows there may be a lot of skepticism about how immediate the impact of all this might be. Even so, he emphasized, there is a lot for middle and smaller metals companies to think about and consider investing in. “Today there are advanced digital tools for diagnosis, planning, quality control and increased flexibility all made possible by layering in sensors and machine learning on the factory floor. These are investments that can be made now.”
For more on Jacobstein’s pre-conference interview, visit http://www.MSCI.org/Edge.
The Economic Summit program also includes a panel of influential and experienced metal executives, a look at issues impacting global economics and manufacturing, and data and insight into 16 end-use markets including the new sessions on Infrastructure, Agricultural Equipment, and Foodservice, Food Processing, & Medical Equipment.