New-Tech Europe | February 2019

The difference between AI and automation It’s oftendifficult todeterminewhether something is AI or automation, also known as robotic process automation or RPA, technology as the line between the two is often blurred. AI technology often underlines automation, so the difference is not always obvious. Here’s a brief explanation, which should help. Welcome to Industry 4.0 The advent of advanced technology like AI and automation, cyber-physical systems, and cloud computing and cognitive computing are radically transforming businesses. As these technologies become increasingly more mainstream, we are quickly approaching the next industrial revolution – Industry 4.0. Industry 4.0 will transform how we work, produce products and even live. Harnessing this technology will allow us to increase our workload while working less hours, streamline manual and rather dull tasks and cut costs for businesses. We’ll attain greater productivity and efficiency as well as cheaper production costs. AI apps and systems can even make everyday life easier. Robots can complete certain tasks quicker, more accurately and better than their human counterparts. For example, AI can process data substantially faster than the human brain and can uncover insights far beyond our grasp and chatbots can be available to support customers 24/7 as they don’t need to sleep or eat. By teaching machines to learn for themselves and complete mundane tasks, human employees can focus on more creative, social and fulfilling endeavors. Will robots replace humans? One of the biggest concerns about

Image 1: AI timeline

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