Industrial bearings support the GenAI revolution

According to PwC, 70 percent of CEOs worldwide believe generative AI (GenAI) will significantly transform the way their companies create, deliver and capture value. That includes manufacturers, who can use the systems to spot equipment failures and minimise downtime. Here, Chris Johnson of SMB Bearings emphasises how industrial bearings, equipped with sensors, can support GenAI by providing real-time data and insights.

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GenAI is a remarkable form of artificial intelligence with an unprecedented ability to produce an array of data types, including images, videos, audio,
text, and 3D models. Put simply, GenAI can delve into existing data, deciphering patterns and leveraging this knowledge to generate entirely new outputs. 

Its
capabilities extend far beyond mere replication, as it crafts highly realistic and intricate content that mirrors human creativity, thus positioning itself as an
invaluable tool across various industries, such as gaming, entertainment and product design.

GenAI also has immense potential in manufacturing, which will also help drive
the growth predicted in PwC’s report. The technology can predict equipment failures and minimise downtime, significantly enhancing operational efficiency.


Read the full article in DPA's July 2024 issue



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