Tue. 10/26 - Can AI Simulations Solve the Supply Chain Disruptions?
Cool Stuff Daily
Reggie Risseeuw and Marques Pfaff
4.6 • 739 Ratings
🗓️ 26 October 2021
⏱️ 15 minutes
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| 0:28.7 | welcome to the cotkey ride home for t Tuesday, October 26th, 2021. I'm Jackson Bird. Today, could a new |
| 0:43.8 | generation of AI simulations help solve the mounting supply chain disruptions? Plus, the history and |
| 0:52.1 | future of haunted houses. |
| 0:58.9 | And Jeff Bezos is basically trying to start a we-work in space. |
| 1:01.9 | Here are some of the cool things from the news today. |
| 1:08.9 | The supply chain disruptions just keep on coming. |
| 1:14.0 | Everyone's being told to get their holiday shopping done now, or ideally last month, |
| 1:18.8 | and now it's not just certain products you might want to buy as gifts that are in short supply, |
| 1:26.0 | but even the cardboard the packages come in. It's a big mess, with a ton of disparate and related causes that I've outlined ad nauseum on regular installments of |
| 1:29.3 | the shortage report. |
| 1:30.8 | Pandemic caused factory and mill shutdowns, shipping container snags, labor shortages, extreme weather events. |
| 1:37.9 | But with a magnifying glass hovering over various sectors of the supply chain, the heat is mounting, |
| 1:45.0 | and fortunately, |
| 1:51.5 | that's beginning to lead to solutions. A promising one is a type of AI-powered simulation called Digital Twins that Amazon has been using for years, but which other companies are |
| 1:57.3 | beginning to implement as well. Quoting the MIT technology review, |
| 2:02.1 | Digital twins seek to solve breakages in the supply chain by anticipating them before they |
| 2:07.1 | happen, and then using AI to figure out a workaround. The name captures the key idea of |
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