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Don't miss out or you'll get left behind: without artificial intelligence, firms could be at a competitive disadvantage

Don't miss out or you'll get left behind: without artificial intelligence, firms could be at a competitive disadvantage

Artificial intelligence is shaping our daily lives at a dizzying pace. Those who miss out are likely to be left behind. Companies that fail to take advantage of the potential offered by AI could quickly find themselves at a competitive disadvantage. In what areas is the dominant technology of our time unbeatable, and what is it not suitable for? Is AI hallucinating and what should we look out for when working with it? Is it really taking our jobs and what can we do about it? The answers are sought by the expert guests of the latest Bosch Hungary Podcast.

Artificial intelligence: investing in the future
Today, there is no question that AI will revolutionize our everyday lives, just as there is no question that ChatGPT is just the tip of the iceberg: AI currently holds the most potential in the areas of industry and manufacturing. Major economic players agree that it is worth investing in AI-based developments if they want to remain competitive. In the latest edition of the Bosch Hungary Podcast, Edit Tóth, digital media manager of the Bosch Group in Hungary, talks to Balázs Porteleki, AI Project Manager of the Bosch Group in Hungary, and Gergely Kiss, IT engineer-teacher and founder of Attrecto Zrt.

2024: no Bosch product without AI
The past year has been dominated by the rise of ChatGPT in the field of artificial intelligence, while AI technology is playing an increasingly important role in industrial innovation and manufacturing. Bosch has been at the forefront of the development and application of industrial AI for many years. By the end of 2023, all Bosch products either use AI or AI is used in their production, said Balázs Porteleki.

Data leakage and hallucination: what to look out for when using AI?
As AI technology advances, data protection is becoming an increasingly prominent issue, especially in R&D and manufacturing. In the podcast, participants discuss a case where developers at a well-known Asian digital company tried to use ChatGPT to fix their code, and although the operation was successful, the company's confidential industrial data was leaked to ChatGPT's public servers. User awareness is essential to avoid similar incidents. Care should also be taken to use AI systems with due caution, recognizing AI 'hallucinations', i.e. confident but unsubstantiated responses.

Unbeatable quality
Flying an airplane or operating on a patient based on AI responses is not advisable, but there are some applications where AI is almost unbeatable. In industry, AI can currently play a key role in troubleshooting, error prevention, quality assurance and product control, as well as in optimizing supply chain management, summarizes Gergely Kiss. In the aerospace industry, a predictive technique has been in use for some time to predict the expected failure based on changes in the vibration frequency of engines and to correct it before it occurs. This approach, with the help of artificial intelligence, can now be applied to entire manufacturing processes and can predict and prevent failures that would otherwise cause costly problems or downtime.

The Bosch Group in Hungary also has many examples of AI-based quality control, with AI-based defect prediction systems now available at all of the company's Hungarian sites, explains Balázs Porteleki, expert at Bosch. This can improve product quality, reduce the chance of future failures, and improve overall production efficiency.

Transforming people's work, not taking it away
The invited experts agree that AI does not take away people's jobs, it transforms them. Monotonous, routine tasks can be performed faster and more accurately in the future with the help of AI. The focus of human tasks will shift to higher value-added activities, to process planning, control, and validation of AI. One thing is for sure, a skilled workforce, in both physical and intellectual areas, will be in great demand in the factories of the future.

But what can those who still want to anticipate change and secure their future in the labor market do? In the Bosch podcast, Gergely Kiss quotes a common thought among experts on the importance of continuous development and learning: “Your job will not be taken by artificial intelligence, but by another person who uses AI systems well.”

Artificial intelligence for sustainability
Besides the economic benefits, can we do anything for our environment and sustainability with AI? One such area is energy use, which can be optimized with AI. Materials science is another area where AI can play a role in the development of environmentally friendly new materials and their sustainable production.

Bosch and BASF have jointly developed a smart sprayer that uses machine learning, a form of artificial intelligence, to control where and how much chemical to spray. This means that up to 60-70% less pesticide can be applied compared to conventional methods, which helps farmers and protects the environment at the same time, emphasized Balázs Porteleki, an expert at Bosch.

Bosch Hungary Podcast: technology in plain language
The Bosch Hungary Podcast a quarterly show on the most current issues in innovation and R&D, with expert guests providing clear answers to the most pressing questions about the technology of the future. Those who want to learn about the present and future of artificial intelligence, can watch the show on YouTube or listen to it on Bosch Hungary's Spotify, Apple Podcasts, Google Podcasts and Simplecast podcast channels!

Tags: Bosch, Bosch group, artificial intelligence, AI, Industry 4.0, podcast

Zita Hella Varga

Phone: +36 70 667-6374