It’s no secret to anyone who’s been paying attention, but AI assistance is bringing new methods and innovations to nearly every industry, for good or ill.
In a recent report released by research firm GlobalData, the way that AI is moving into 2024 is through transforming what the report calls “material discovery.” This driver of innovation impacts major sectors such as renewable energy, semiconductors, and pharmaceuticals, according to the firm’s analysts, by enabling faster and more efficient discovery processes, removing barriers to research and development, and driving advancements in material science.
Saurabh Daga, Associate Project Manager of Disruptive Tech at GlobalData, said, “The advancement of AI in material discovery is being propelled by specific needs across industries. In renewable energy, AI is key to overcoming efficiency and cost barriers that are essential for growth. In semiconductors, it is crucial to find materials for miniaturization and heat management, which are vital for future tech. In pharmaceuticals, AI accelerates drug discovery and biocompatibility, advancing personalized medicine. In essence, AI is increasingly becoming the linchpin for unlocking innovative materials and driving forward industry-specific developments.”
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