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Transforming Front-Line Training in Manufacturing and Engineering for Industries of the Future

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Summary

The global skills and labor shortage has had a particularly severe impact on manufacturing, making it difficult to progress with industry 4.0. To combat this, companies such as LG Electronics are investing in new technologies such as generative AI and AR/VR/XR to help improve training and reskilling processes. This includes upskilling and reskilling employees to meet the needs of the new technology-enabled landscape, making use of immersive, intuitive and personalized modules. Companies such as Nakamir, Fabrik, Talespin and iQ3Connect are already tackling this problem, with the goal of creating a stronger and more upskilled workforce.

Q&As

What is the global skills and labor shortage impacting the manufacturing industry?
The global skills and labor shortage impacting the manufacturing industry is exacerbating an existing skills gap.

How have advancements in AI, the industrial “metaverse”, and other emerging technology helped alleviate challenges in the industrial sector?
Advancements in AI, the industrial “metaverse”, and other emerging technology have the potential to help alleviate today’s most pressing challenges in the industrial sector.

How has the pandemic exacerbated the existing skills gap in manufacturing?
The pandemic has exacerbated the existing skills gap in manufacturing by creating an additional 2.1 million unfilled jobs in the U.S. alone by 2030.

What are the benefits of investing and developing in smart technologies to drive the digitization of the manufacturing sector?
The benefits of investing and developing in smart technologies to drive the digitization of the manufacturing sector include the rise of data and connectivity, analytics, human-machine interaction, and improvements in robotics.

How can upskilling and reskilling help companies adopt and thrive in the Fourth Industrial Revolution?
Upskilling and reskilling can help companies adopt and thrive in the Fourth Industrial Revolution by revolutionizing their training processes to elevate their workforce to meet the requirements of the new technology-enabled landscape.

AI Comments

👍 This article provides an informative overview of the current state of the industrial sector and how advances in technology can help alleviate the industry's challenges.

👎 This article does not provide any concrete solutions for how to bridge the skills gap in the industrial sector.

AI Discussion

Me: It's about how new technologies like generative AI, the industrial “metaverse” and other emerging technologies are transforming the training and upskilling of industries of the future. It looks at how companies like LG Electronics are investing in these technologies to help with training and reskilling.

Friend: That's really interesting. It seems like these technologies have the potential to really revolutionize the way companies train their employees and create a more skilled and efficient workforce.

Me: Absolutely. The article also mentions that traditional training methods like long-form video or training sessions are no longer effective for the millennial generation, so companies need to find more engaging and interactive ways to train their employees. This could lead to more personalized and effective training modules to help employees stay up to date on safety and compliance requirements.

Action items

Research and evaluate the different startups mentioned in the article that are tackling the problem of upskilling and reskilling.
Develop a plan to implement new technologies such as generative AI, AR/VR/XR, and the industrial “metaverse” into existing training processes.
Create a strategy to ensure that training materials are engaging and effective for the millennial workforce.

Technical terms

Industry 4.0: The fourth industrial revolution, which is characterized by the use of digital technologies such as artificial intelligence, robotics, and the Internet of Things.
Generative AI: A type of artificial intelligence that is able to generate new data from existing data.
AR/VR/XR: Augmented reality (AR), virtual reality (VR), and extended reality (XR) are technologies that allow users to interact with digital content in a simulated environment.
Metaverse: A virtual world, often used to refer to a shared virtual space where users can interact with each other and with digital content.
Upskilling: Learning new skills to help in current positions as the skills needed evolve.
Reskilling: Retraining with new skills that will enable workers to fill different positions within their companies.
No-code Interface: A platform that allows businesses to easily create XR experiences without the need for coding.
Spatial Computing Platform: A platform that powers talent development and skills mobility for the future of work.
No-code Platform: A platform that enables enterprises to create, deliver, and consume complex 3D enterprise applications in the metaverse.