Artificial Intelligence In The Manufacturing Industry And Its Impact On

Economics: A Review
1
Neha Dhariwal Dr Ashish Oberoi
Assistant Professor Head of Department
Department of Computer Science and Engineering Department of Computer Science and Engineering
Rimt University, Mandi Gobindgarh RIMT University

ABSTRACT: As artificial intelligence is the very popular field of computer science these days
which is aimed to manufacture the kind of machines that can think, act and work like individuals. It
is one of those technologies which are currently impacting on manufacturing. From many years, the
manufacturing industry is taking the benefits of artificial intelligence, which is exactly the mimic of
human-like intelligence (aspects of recognition, perception, decision making, etc.) exhibited by
machines. In addition to this, Ongoing advancement in man-made consciousness (AI) – a broadly
useful innovation influencing numerous ventures - has been centered around advances in AI, which
we recast as a quality- balanced drop in the cost of forecast. In what manner will this sharp drop in
value sway society? Strategy will impact the effect on two key measurements: dispersion and
results. This paper will briefly discuss the utilization of artificial intelligence in crucial industry and
also what are the economic policy for this particular technology.

Keywords:Artificial Intelligence, Machine learning, Computational Theory, Manufacturing