Hardware Podcasts

Industry 4.0 is now Industry 4.5 w/ Justin Goldston

The Manufacturing Executive · 5 Jan 2021 · 21m · Episode 30

What this episode covers

Joe Sullivan interviews Justin Goldston, PhD, a professor at Penn State University, about the evolution from Industry 4.0 to Industry 4.5, emphasizing the critical role of artificial intelligence and machine learning in modern manufacturing. Goldston argues that AI is 'augmented intelligence' that assists rather than replaces workers, helping to address labor shortages and improve safety through technologies like drones. He advises manufacturers to first ensure data accuracy and assess their digital maturity before implementing AI, noting that major ERP providers like SAP and Oracle are already integrating these capabilities.

Most relevant to

established companies

Topics

Mentioned

Companies
Penn State University, Penn State Sustainability Institute, Georgetown University, Texas A&M University, SAP, Oracle, Home Depot, Lowe's

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