Not with a carrot or a stick. The best new tech sneaks up on you, and before you know it you cannot even remember life without it. When we talk about AI, we paint it as disruptive, it is, but this doesn’t mean it is destructive.
Artificial Intelligence, AI is a new form of computing in which the system is pre-programmed with logic that allows it to mimic the way that humans learn and perform cognitive functions. We see it now as speech recognition, optical character recognition and increasingly pattern recognition and early forms of logical reasoning.
They say the oil and gas industry produces 2.5 quintillion bytes of data every day but only 1% of this is analysed, which they believe is a ‘missed opportunity’
They believe fundamental advances in AI achieved over the last decade offer opportunities to increase the efficiency of energy systems and address a wide array of climate challenges
It worked with The Alan Turing Institute to develop the AI prediction methods that have so far helped deliver a 33% improvement in solar forecasting
The ELEMENT project aims to slash the lifetime cost of energy by 17%
The project intends to use the data to hold polluting plants accountable to environmental standards and enable advanced new emissions reduction technologies
The programme aims to incorporate AI into the engineering design processes for energy technologies
Seattle-based startup Xnor’s new device uses AI technology to intelligently detect visual objects
It is exploring opportunities to apply machine learning in its global oil and gas business