Manufacturers Increasingly Adopt AI and Robotics
Manufacturers Increasingly Adopt AI and Robotics

Manufacturers Increasingly Adopt AI and Robotics

News summary

A recent survey by Universal Robots revealed that over 50% of manufacturers across North America and Europe are already utilizing artificial intelligence (AI) and machine learning (ML) in their production processes, reflecting a significant shift towards these technologies. Nearly 48% of respondents plan to further invest in AI and ML by 2025, highlighting their critical role in enhancing innovation and efficiency in manufacturing. Digitalization is also gaining traction, with 47% of manufacturers employing technologies such as the Internet of Things (IoT) and cloud computing to optimize operations. The survey indicates a 27% surge in AI adoption among North American manufacturers since 2022, with projections suggesting nearly universal adoption within two years. Concerns about labor displacement due to AI and robotics persist, as economic incentives may favor automation over human employment. As the AI market is projected to reach $407 billion by 2027, the implications for both production and workforce dynamics remain significant.

Story Coverage
Bias Distribution
100% Center
Information Sources
7684cee2-ff92-4e65-86b5-bfb0b188107d
Center 100%
Coverage Details
Total News Sources
1
Left
0
Center
1
Right
0
Unrated
0
Last Updated
85 days ago
Bias Distribution
100% Center
Related News
Ask VT AI
Story Coverage

Related Topics

Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Related News
Recommended News