In “The Singularity is Near,” Ray Kurzweil predicted that by 2050, $1,000 in computing power could equate to the processing capability of all human brains, highlighting the exponential growth of technology as outlined by HubSpot’s Scott Brinker in the Martex Law. This law reveals that while technology evolves rapidly, organizations adapt at a slower rate, creating a significant disparity. To bridge this gap, strategic technology adoption and organizational agility are essential, prompting companies to reconsider their operations strategically.
Manufacturers are navigating a three-wave AI evolution:
- Wave One: Classical machine learning (2007) utilizes regression and decision trees but is underutilized.
- Wave Two: Introduction of large language models (2017), leading to advanced capabilities with tools like GPT-3 and ChatGPT.
- Wave Three: AI Agents are revolutionizing manufacturing by performing complex tasks autonomously.
For successful AI integration, a robust data platform is crucial, as legacy systems often lack the capacity for AI’s diverse data needs.
