skill development

Large Language Models (LLM) in Production

Large Language Models (LLM) in Production

An analysis of the potential for transforming production processes in modern factories
Pius Finkel ORCID Icon, Peter Wurster ORCID Icon, Robin Radler
The rapid development of generative artificial intelligence is opening up new avenues for the manufacturing industry amid a shortage of skilled workers. Large language models can potentially make production processes in medium- sized businesses more efficient. But how exactly is this potential measured? Key areas of application such as communication, training and knowledge management show why a lot depends on employee acceptance.
Industry 4.0 Science | Volume 40 | 2024 | Edition 6 | Pages 48-55 | DOI 10.30844/I4SE.24.6.48
Artificial Intelligence and Future of Work

Artificial Intelligence and Future of Work

Changes and Possible Approaches
Andreas Heindl, Alexander Mihatsch
Artificial intelligence (AI) is already an important part of business models and processes of many companies. In the future, AI systems will pro- foundly change our working environment. AI systems can develop completely new potential for companies in a wide variety of sectors and domains - especially in industry. Existing busi- ness models can be optimized along the value chain by optimizing production flows and processes or avoiding production downtimes with predictive maintenance. At the same time, AI systems can enable completely new business models and thus radically change existing mar- ket structures through new players. The AI economy of tomorrow will be more individual, more precise and more sustainable: Competitive value creation without AI will not be possible in many areas of industry.
Industrie 4.0 Management | Volume 38 | 2022 | Edition 4 | Pages 10-14