How can artificial intelligence improve the superyacht industry?
A discussion on how the technology fits into superyacht design, building and operations will take place at TSF 2019…
Artificial Intelligence (AI) makes it possible for machines to learn from experience, adjust to new inputs and perform human-like tasks. It is a behind-the-scenes technology that is increasingly being used in day-to-day life. From Siri and Alexa to autonomous vehicles, as well as more complex applications, AI is being used in nearly every industry, with customers often unaware of how the technology is helping to meet our ever-demanding expectations.
Many sectors within the superyacht industry are also investing in AI and looking at ways in which it can help design and build the next generation of yachts. Designer Justin Olesinski believes that the technology will play a progressively more important role in superyacht design – his design studio has seen the benefits of AI first-hand within its hull development, allowing detailed concept hulls to be produced within a tenth of the time.
“With projects becoming larger, more complicated, more expensive, more time consuming and with more options resulting in higher risk, the superyacht industry is a prime candidate to take advantage of the benefits that AI has to offer,” explains Olesinski. “We believe AI, combined with the experience of everyone involved, can not only help manage the current level of production, but actually allow the market to expand.”
“We believe AI, combined with the experience of everyone involved, can not only help manage the current level of production, but actually allow the market to expand.”
He continues, “How many customers are put off with long design development and build timescales, biased opinions and complicated route to owning a superyacht? Intelligently designing AI with the client, not ourselves, in mind, will make buying and owning a superyacht easier. The running, insuring and managing of the yacht in service may be optimised too with AI.”
An interactive discussion on the application of AI and Machine Learning (ML) will take place during day two of The Superyacht Forum. Olesinski will be joined by Mike Blake, president of Palladium Technologies, Joseph Adir, founder and CEO of WinterHaven, and Bill Edwards, head of research and development at Olesinski, to share their experiences and discuss how AI can optimise the way superyachts are designed, built and operated.
“We will explain how it has helped us, the customer and where we are heading,” adds Olesinski. “We will also show how diverse AI and ML is by explaining how it can be used in developing corals that are more resistant to warmer sea temperature, increasing salinity and other factors, which may help rejuvenate the Great Barrier Reef. Expect to be surprised, enlightened, intrigued and inspired to question how AI can work for your own business.”
Remaining tickets to The Superyacht Forum 2019 are available here. Join us from 18-20 November in Amsterdam and enjoy three days of engaging workshops and thought-provoking keynotes, while interacting with leading minds from our market to learn about the subjects that you and your clients need to know.
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