Joannes Vermorel, CEO of LOKAD and author of the Quantitative Supply Chain, has always had a strong interest in software engineering, machine learning, statistics and cloud computing. Ten years ago he founded LOKAD – a company specialised in helping businesses to improve the efficiency of their supply chains, their inventories and their production capacities through the implementation of new methodology rooted in artificial intelligence.
Joannes Vermorel began by introducing artificial intelligence and its link to supply chains. Artificial intelligence has come about as a result of continual progress over the past few decades and is linked to the theory of ‘Deep Learning.’ ‘Deep learning’ is all about complex algorithms that aim to teach computers to learn what would otherwise come naturally to humans.
Joannes not only demonstrated the great capabilities of artificial intelligence, but also its limitations – with one primary limitation being data efficiency. For example, on average a human can learn how to drive in around 20 hours, yet it will take a car modelled on artificial intelligence around a million of hours of tests before it will be able to drive freely. This lack of efficiency highlights how much work there is still to do in this field.
Mr Vermorel concluded this breakfast by emphasising the great improvements in productivity and creativity that artificial intelligence has bought about during the 20th & 21st centuries and looks forward to seeing what the future has to offer.
We would like to thank Mr Vermorel and his team for all the time and hard work they put into making this event such a success. If you want to learn more about Lokad, or are thinking about starting to incorporate the use of artificial intelligence into your company, please visit their website by click the link below.
8:30 am - 10:30 am
Franco British Chamber of Commerce & Industry
63 Avenue de Villiers, 75017 PARIS