Artificial Intelligence: Its applications and challenges

Artificial Intelligence: Its applications and challenges



AI-driven predictive maintenance has significantly reduced equipment downtime and maintenance costs in manufacturing companies. AI is transforming industries through automation, predictive analytics, and intelligent decision-making systems. The adoption of AI is increasing productivity gains in organizations, with Generative AI reshaping industries. In healthcare, AI is accelerating research timelines, while the financial sector has reduced fraud detection time. The panel discussion highlighted the future of work and AI, ethical AI development, AI in everyday life, security and privacy in AI, and AI’s role in addressing global challenges. Panelists emphasized the importance of collaboration to foster responsible AI development and deployment. Overall, the event showcased how AI integration can enhance productivity and creativity across different sectors.





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