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Published in:
2021 | OriginalPaper | Chapter
Leveraging Artificial Intelligence to Foster Innovation and Inclusive Growth in the Textile Value Chain
Author : Satyadev Rosunee
Published in: Recent Trends in Traditional and Technical Textiles
Publisher: Springer Singapore
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Abstract
No country in the world today, developed or developing, can afford to overlook the critical advantages of Artificial Intelligence (AI) for sustainable economic growth and innovation. Beyond nations, the same argument applies to the manufacturing sector. Innovation creates wealth and improves overall quality of life, which is a legitimate expectation of a citizen of any country. AI is set to become the next frontier of innovation as the cost of computing power becomes increasingly affordable. AI’s impact will be immensely beneficial provided the right regulatory framework (privacy and security) and policies (labour, education & training, re-skilling, etc.) are implemented to sustain the AI ecosystem.