Learners Live

Inside the Electrical Industry’s AI Learning Curve by Tim Kridel

As electrical firms ramp up their use of artificial intelligence, some trends are emerging in why, where, how, and for whom. In electrical, AI use cases run the gamut, from producing multiple iterations of a design to creating slide decks to present those design options to a client. A common denominator — and a big part of the business case — is that AI does grunt work that otherwise would tie up highly skilled employees.  Key Takeaways:

  • AI enhances productivity by automating repetitive tasks, allowing professionals to focus on complex, high-value activities.
  • Effective AI use requires skilled humans to interpret results, validate outputs, and ensure compliance with standards and codes.
  • Incremental improvements through AI are prioritized over seeking a ‘silver bullet’ solution, fostering continuous enhancement.
  • Cybersecurity considerations are critical when deploying AI tools, with a focus on secure design and safeguarding proprietary information.

How Electrical Firms Are Using AI in Design and Construction | EC&M

 

What Are Stablecoins and How Do They Work?

Stablecoins are less volatile than other cryptocurrencies (like Bitcoin) and due to crypto assets’ inherent instability, stablecoins are growing in popularity with both crypto and traditional markets. Stablecoins are a type of crypto asset, but one that offers a way to bridge the gap between fiat currencies like the U.S. dollar and cryptocurrencies. Because they are price-stable digital assets that behave like fiat but maintain the mobility and utility of cryptocurrency, stablecoins are a novel solution to crypto volatility: price stability is built directly into the assets themselves.  There are four primary stablecoin types, identifiable by their underlying collateral structure: fiat-backed, crypto-backed, commodity-backed, and algorithmic stablecoins.  What Are Stablecoins and How Do They Work? | Gemini