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IndustryWeek's Weekly Reads: Is AI an Expensive Mistake and Why Is Ingersoll Rand Humming?

Feb. 24, 2023
Also, what are the implications of a proposed ban on noncompete clauses?

Welcome to the final IndustryWeek's Weekly Reads for the month of February. Innovation, problem-solving and the EV revolutions are among the topics that grabbed our IW manufacturing community's attention during this past week. Other topics not to be overlooked are a proposed ban on noncompete clauses and the coming infiltration of ChatGPT into everything. 

Please enjoy the Top 10 articles and video over the past seven days (plus one Editor's Choice), and then stick around and review more of IW's great content. 

Without a Problem-Solving Culture, AI Is an Expensive Mistake: Artificial intelligence won't miraculously solve your problems unless your company is good at curiosity, effective data-gathering and use of data in decision-making.

Driving Innovation Through Autism Awareness in Recruiting: Neuro-inclusive hiring can expand talent pools and bring skilled individuals into the workforce.

Automakers Will Burn the EV, ICE Candle at Both Ends for Years: End Having plenty of gas-powered and hybrid vehicles available on the lots will be a competitive advantage for OEMs for the foreseeable future.

Ingersoll Rand’s M&A Machine Is Still Humming: The company has signed letters of intent to buy 11 companies that would add at least $200 million to its top line.

FTC Proposes Banning Noncompete Clauses: What Does It Mean for Manufacturers? A former antitrust prosecutor and manufacturing consultant weigh in on the proposed rule.

Shifting Supply Chain Winds Favor Regionalism, Restructuring: Those who are willing to adapt will reap the benefits.

Electric Vehicle Panel Discussion: Hear from Cirba Solutions, Eaton, Lincoln Electric and Ultium Cells: Experts discuss EV battery construction, components, recycling and vehicle charging in this wide-ranging panel discussion on the present and future for this growing industry.

ChatGPT Sparks AI 'Gold Rush' in Silicon Valley:  The Generative AI has pushed Microsoft and Google to rush out projects that had until now stayed carefully guarded.

CFOs Cast Their Collective Eye on Cutting Costs: Cushioned by an economy that’s still healthier than had been forecast, many leadership teams have decided now is the time to trim spending.

Leaving the C-Suite Is Bittersweet: With mixed emotions, the president of a manufacturing company makes the leap from leader to guide.

Editor's Choice

The US Auto Industry Doesn’t Have a Supply Problem. It Has a Demand Problem. CEOs are still lamenting supply constraints, but the fact is, the market’s fundamental economics have turned very sour.

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