Economic Impact of Infrastructure Investment

Peggy looks at recent sustainability predictions from the analysts, giving her thoughts on what will happen next and providing strategies for how companies will prepare. She says if countries, cities, and companies want to go net zero, it will require a significant shift—starting with design and ending with data. She also discusses: Two bold predictions related to manufacturers and water and air quality. How many organizations will manage hybrid cloud energy consumption with sustainability monitoring. New regulations around the world. peggysmedleyshow.com  (6/11/24 - 875) IoT, Internet of Things, Peggy Smedley, artificial intelligence, machine learning, big data, digital transformation, cybersecurity, blockchain, 5G cloud, sustainability, future of work, podcast This episode is available on all major streaming platforms. If you enjoyed this segment, please consider leaving a review on Apple Podcasts.

Peggy and Krishna Kumar, assistant professor, University of Texas at Austin, talk about the growing use of AI (artificial intelligence) and examples of where it is already making a difference. He says AI has exploded into the scene very recently since ChatGPT has come out and one of the big applications is being able to detect building damages. They also discuss: If AI can think for itself—what does the “I” in AI really mean. The ethics and bias in the AI models. The types of education that people will need with AI. caee.utexas.edu  (6/11/24 - 875) IoT, Internet of Things, Peggy Smedley, artificial intelligence, machine learning, big data, digital transformation, cybersecurity, blockchain, 5G cloud, sustainability, future of work, podcast, Krishna Kumar, University of Texas at Austin, This episode is available on all major streaming platforms. If you enjoyed this segment, please consider leaving a review on Apple Podcasts.

Peggy Smedley and Venkat Venkatraman, David J. Mcgrath Jr. professor of management at the Questrom School of Business, Boston University, talk about his book Fusion Strategy and what he means by the term. He says we chose the term very deliberately to highlight the fact that nearly every industry is going to intersect physical and digital domains, pointing to examples from the past. They also discuss: The four battlegrounds. Why this shift is difficult for so many companies? The rise of hyper personalization, the digital twin, and AI. management.bu.edu  (6/11/24 - 875) IoT, Internet of Things, Peggy Smedley, artificial intelligence, machine learning, big data, digital transformation, cybersecurity, blockchain, 5G cloud, sustainability, future of work, podcast, Venkat Venkatraman, Boston University This episode is available on all major streaming platforms. If you enjoyed this segment, please consider leaving a review on Apple Podcasts.

Peggy Smedley talks about the skills gap and looks at some of the top technology trends. She says resignations among healthcare workers have increased steadily, citing the most recent statistics compared to 2020. She also discusses: The impact of a skills gap on industries. The solution—or, better yet, solutions—to the skills gap. How AI (artificial intelligence) and digital transformation can help in healthcare. peggysmedleyshow.com  (6/4/24 - 874) IoT, Internet of Things, Peggy Smedley, artificial intelligence, machine learning, big data, digital transformation, cybersecurity, blockchain, 5G, cloud, sustainability, future of work, podcast This episode is available on all major streaming platforms. If you enjoyed this segment, please consider leaving a review on Apple Podcasts.

Peggy Smedley and Julien Moutte, CTO, Bentley Systems, talk about how generative AI (artificial intelligence) has evolved, specifically in construction and infrastructure. He says AI has been here for quite some time, but there was a tipping point recently and the technology has exploded in the last two years. They also discuss: The value of data and digital twins and the opportunities that exist for generative AI in construction. Examples of new technology on the jobsite that are creating a new flow of data from the field. How the industry can best prepare to use the technology. bentley.com  Can GenAI Enhance the Middle East’s Construction Industry? (6/4/24 - 874) IoT, Internet of Things, Peggy Smedley, artificial intelligence, machine learning, big data, digital transformation, cybersecurity, blockchain, 5G, cloud, sustainability, future of work, podcast, Julien Moutte, Bentley Systems This episode is available on all major streaming platforms. If you enjoyed this segment, please consider leaving a review on Apple Podcasts.

Peggy Smedley and Louise Herring, partner and UK leader of QuantumBlack, McKinsey's AI arm, talk about the opportunities AI (artificial intelligence) can offer and how companies can best leverage this new world. She says gen AI could generate $2.6 to $4.4 trillion of impact, which is tremendous. There are opportunities across all sectors in customer engagement, improving productivity, and core processes.  They also discuss: Upskilling and reskilling the talent we need. Examples of use cases and what we learned in 2023. What steps companies should take first. mckinsey.com  (6/4/24 - 874) IoT, Internet of Things, Peggy Smedley, artificial intelligence, machine learning, big data, digital transformation, cybersecurity, blockchain, 5G, cloud, sustainability, future of work, podcast, Louise Herring, QuantumBlack, McKinsey This episode is available on all major streaming platforms. If you enjoyed this segment, please consider leaving a review on Apple Podcasts.

Peggy Smedley takes a closer look at the sustainability and energy concerns that are currently driving the global smart building market. She shares her thoughts on where we have been, where we are today, and where we are headed with the smart building market. She also discusses: A historical look at the development of programmable logic controllers and the evolution of smart buildings. Predictions for the estimated market value of industrial smart building deployments in the future. Some of the challenges that still persist. peggysmedleyshow.com  (5/28/24 - 873) IoT, Internet of Things, Peggy Smedley, artificial intelligence, machine learning, big data, digital transformation, cybersecurity, blockchain, 5G, cloud, sustainability, future of work, podcast This episode is available on all major streaming platforms. If you enjoyed this segment, please consider leaving a review on Apple Podcasts.

Peggy Smedley and Sanjeev Pannala, senior researcher, NREL, and adjunct faculty at Washington State University, talk about research and the rapid transformation that is happening in the electric distribution sector. He says he says been working on diverse topics and how technology factors in. They also discuss: Who will be the beneficiary of all this resilient and sustainable power. Operational forecasting of power and leveraging machine learning. How to derisk the critical energy infrastructure. school.eecs.wsu.edu/faculty/profile  (5/28/24 - 873) IoT, Internet of Things, Peggy Smedley, artificial intelligence, machine learning, big data, digital transformation, cybersecurity, blockchain, 5G, cloud, sustainability, future of work, podcast, Sanjeev Pannala, Washington State University  

Peggy Smedley and Troy Teepe, vice president of safety, Charles Taylor, talk about why a safety-first culture is so important on the jobsite. He says we have more than 23,000 on the job injuries every single day in the United States and employers are paying $1 billion a week in workers compensation claims—and ultimately safety is good business. They also discuss: New emerging trends shaping worksite safety practices. How managers can create a safe environment. How to meet regulations. charlestaylor.com  (5/28/24 - 873) IoT, Internet of Things, Peggy Smedley, artificial intelligence, machine learning, big data, digital transformation, cybersecurity, blockchain, 5G, cloud, sustainability, future of work, podcast, Troy Teepe, Charles Taylor This episode is available on all major streaming platforms. If you enjoyed this segment, please consider leaving a review on Apple Podcasts.

Peggy examines the economic impact of investment on our infrastructure, families, business productivity, and overall GDP. She highlights numbers from a recent report that illustrate the ultimate impact. She also discusses: A scenario in the next 10-20 years where federal spending levels remain in place. A scenario in the next 10-20 years where federal infrastructure investment returns to pre-IIJA (Infrastructure Investment and Jobs Act) levels. How industries such as manufacturing, finance, healthcare, utilities, agriculture, and more are all impacted by infrastructure deficiencies. peggysmedleyshow.com  (5/21/24 - 872) IoT, Internet of Things, Peggy Smedley, artificial intelligence, machine learning, big data, digital transformation, construction, 5G, cloud, sustainability, future of work, podcast This episode is available on all major streaming platforms. If you enjoyed this segment, please consider leaving a review on Apple Podcasts.