ORIGINALLY POSTED: 01 FEBRUARY 2023
AUTHOR: LEONARD LEE
ASIA-PACIFIC
Beyond Limits APAC President Leonard Lee is published in CIO Review APAC discussing the potential impact of artificial intelligence in heavy asset industries and the rise of Cognitive AI. The article reflects on the rise of AI in 2022 and projects growth as far as 2026 according to IDC Asia Pacific Enterprise Cognitive AI Survey.
“To increase trust and adoption rate, organizations need to leverage Cognitive AI, which functions as a “glass box”- providing clear audit trails explaining the reasoning behind recommendations and showing the evidence, risk, and confidence behind decisions.”
Read the Full Article – HERE.
“The way that AI helps, as suggested by many recent studies, is to replace numerical optimization with methods like reinforcement learning. Reinforcement learning models can be trained on numerous operation scenarios, and once trained, they can make scalable decisions in very short time—they can reduce the runtime by at least three orders of magnitude. They can make decisions in a fraction of a second, as opposed to numerical methods that require minutes or even hours for a larger-scale problem,” Hosseini said.
“Embrace AI, it’s the future and the now. AI is intrinsic value, it helps businesses do better, helps them meet their performance goals and optimizes operations in energy transition and reducing the carbon footprint, it has real impact and solutions for the industrial world.”
“You’re going to see a lot of applications, and from a venture standpoint you’re already seeing this new landscape evolve in terms of these more generative-type technologies. There’s an explosion of the generative landscape and how people interact with these technologies.”
“In 2023, we’ll see faster R&D cycles with incremental improvements to batteries at lower costs, and improved sustainability as companies leverage AI to identify greener options by potentially reducing rare metal or hazardous material usage.”
03 FEBRUARY 2023
LOS ANGELES
Net-zero and sustainability are the future. Artificial intelligence is the vehicle to get us there.
The advancements so far in smart cities and alternative energy sources are providing a fascinating glimpse into what society and the environment could look like sooner than we think. The technology that’s going to truly revolutionize large-scale sustainability and make a net-zero future a reality is artificial intelligence. Specifically, here are a few AI trends likely to make waves in 2023.
A few years ago, every major business, technology, and lifestyle publication was lauding (or lamenting) how AI is coming off the movie screens and into more parts of daily home and work life. In 2023, expect a “cooling down” of AI. It’s no longer a novel idea and so far, Earth hasn’t become a lawless wasteland out of “Terminator.” The curiosity (and fear) stage of AI is mostly over, but technologists may hit more ceilings with the capabilities of AI.
As industries scramble to tailor AI to their niche needs, technologists must not be afraid of failure. There will be fewer and fewer instances of rousing AI successes because the technology will be challenged and molded to achieve much more than sorting simple data.
To succeed, projects with hefty budgets and teams with boundless patience are likely to be the most productive. AI solutions take time to perfect, and luckily mathematical frameworks — like graphical and hybrid modeling frameworks — are at a point where they can consume data and equations simultaneously. As a result, more guaranteed and more clean-cut solutions are possible. But again, it’ll take time, and in the AI game, time is money … and lots of it.
Just because the hype around AI is cooling down, doesn’t mean it’s going to be a quiet year. 2023 is set to be instrumental in the fight against climate change, especially in decarbonization advancements. Back in 2021, IBM was already using generative AI (the same technology behind online AI art generators) to accelerate the discovery of carbon dioxide-absorbing materials. More research is needed to find widely applicable solutions to carbon accounting. Generative AI’s aptitude for materials discovery will be a key partner in solving the crux of our generation: sustainability.
Battery innovation, such as those used in electric vehicles, will benefit from the sped-up research and development process. The cost of most EV models prohibits families and company vehicle fleets from
going electric; however, the faster innovation happens with the help of gen AI, the more widespread and less expensive EVs may become.
Another aspect of sustainability poised for evolution in 2023 is alternative energy. The urgency for such sources is not only spurred on by successive natural disasters but the energy crisis left in the wake of geopolitical conflict. Skyrocketing family energy bills, particularly in Europe, are putting even more public pressure on large-scale, clean energy solutions. Eliminating the use of natural gas as political leverage is the additional societal benefit (in addition to the obvious environmental boon) of wind, solar, geothermal, and hydro energy advancements.
Where there’s water, there’s life. In parts of the world, water is disappearing, and the life that relied upon it is either migrating or disappearing with it. Water infrastructure greatly benefits from AI in a few ways. First, AI can be introduced at the very beginning of the water infrastructure design process to create water-friendly and secure blueprints. Whenever the infrastructure springs a leak, AI-powered sensors or AI-informed sensor placement can help crews pinpoint and patch leaks quickly.
AI excels at data collection, and there’s a lot of data to be collected, sorted, and interpreted to find patterns in water consumption. For example, every degree (or half a degree) a thermometer ticks up or down affects the amount of water needed to water plants. AI can determine the optimal amounts needed to keep crops alive while using the least amount of water to do so.
While cleaner energy means continuing to enter the market, oil and gas companies can leverage AI to maximize the efficiency of energy production and operations. For example, oil and gas recruiters can leverage AI to bring in a new class of brilliant engineers; there’s currently a gap between experienced senior technicians on the cusp of retirement and the employees who must take their place. AI can aid in sourcing candidates and repairing the reputation of oil and gas that often repels exceptional talent.
Additionally, to continue to power the world as efficiently as possible, AI can aid in accurate monitor readings. Inaccurate readings become a problem when oil and gas companies report on their scope 1 and scope 2 emissions. When companies don’t have the best technology to report on their emissions accurately, the company overpays – thus depleting funds that should be invested in technology to improve readings. AI and automation can break this cycle by providing accurate readings, freeing more funds for technology advancement, and making oil and gas more efficient.
Earth is fragile. The time is now to hand operations over to AI-powered hands to cradle the planet into a net-zero and sustainable era. Carbon neutrality is possible, and 2023 will bring technologists closer to finding widespread and accessible solutions to usher in a greener future.
“But generative AI models are not just good at creating digital images like DALL-E does. They are being used to discover new materials for battery design, carbon capture, and loads of other innovations, Krause said, who predicts that generative models will reach new heights in 2023.”
ORIGINALLY POSTED: 28 NOVEMBER 2022 AUTHOR: DAVID BARRY FOR REWORKED LOS ANGELES
As the AI industry has matured, more attention has been placed on responsible AI as a necessary expectation. Senior AI Architect, Ari Kamlani is featured in Reworked discussing why responsible AI should be on the agenda of every enterprise. “The benefits of responsible AI for business are broad and can range from creating a better reputation to simply complying with the law. But today, Kamlani said, some digital native companies and foundations have emphasized responsible AI as their primary differentiator. Others have adopted certain key aspects of responsible AI throughout their lifecycle, and some may be required for compliance operational reasons.”
“Combining the best features of technology and human knowledge, Cognitive AI would allow manufacturers to elevate their efforts on their smart manufacturing journey. Digitalization is a “must-have,” and cognitive AI is the key differentiator. There is no doubt we can look forward to the progress of the smart manufacturing industry in the Asia Pacific, while we continue our efforts to shape this dynamic region into the next global smart manufacturing hub.”
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