Panel: AI Now and in the Future with Maintenance and Asset Management
BoK Content Type:
Video
BoK Content Source:
MainTrain 2023
Original date:
Tuesday, September 12, 2023
Artificial Intelligence (AI) technology is developing rapidly and is appearing more and more often in asset intensive organizations. It is both a Threat and Opportunity. To some it is a tool for making better or faster decisions; and on systems where the output is king that could be a driving factor. For others, it is another layer of fog hiding decision making processes. Evolution of this technology is moving much faster than regulation, and in an unregulated space within a capitalist economy, where AI can provide a commercial advantage it will be used and advanced. How is AI being used in asset intensive organizations today, what could tomorrow look like? What skills and knowledge should Asset Management Professionals be investing in to work in a world with fast evolving AI systems?