Proceedings of the 9th International Conference on Financial Innovation and Economic Development (ICFIED 2024)

Leveraging the Power of Large Language Models to Drive Progress in the Manufacturing Industry

Authors
Feng Shi1, Yongjin Zhang2, Chongxiao Qu2, Changjun Fan2, *, Jinqi Chu2, Lei Jin2, Shuo Liu2
1Cethik Group Co., Ltd., Hangzhou, Zhejiang, 311000, China
2The 52Nd Research Institute of China Electronics Technology Group Corporation, Hangzhou, 311000, China
*Corresponding author. Email: cethiker@126.com
Corresponding Author
Changjun Fan
Available Online 7 May 2024.
DOI
10.2991/978-94-6463-408-2_15How to use a DOI?
Keywords
large language models; manufacturing industry; Transformer; ChatGPT
Abstract

In this paper, we delve into the transformative role of large language models (LLMs) in the evolving digital economy, particularly within the manufacturing industry. We begin by demystifying the fundamental principles of LLMs, aiming to deepen the reader’s comprehension. Subsequently, we explore the main strategies for adapting LLMs and integrating them into manufacturing processes, scrutinizing both their benefits and limitations. Additionally, we assess the multifaceted impacts of LLMs on various phases of manufacturing. The paper culminates in a forward-looking analysis, highlighting four emergent trends that signify the growing influence of LLMs in revolutionizing the manufacturing industry.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 9th International Conference on Financial Innovation and Economic Development (ICFIED 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
7 May 2024
ISBN
10.2991/978-94-6463-408-2_15
ISSN
2352-5428
DOI
10.2991/978-94-6463-408-2_15How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Feng Shi
AU  - Yongjin Zhang
AU  - Chongxiao Qu
AU  - Changjun Fan
AU  - Jinqi Chu
AU  - Lei Jin
AU  - Shuo Liu
PY  - 2024
DA  - 2024/05/07
TI  - Leveraging the Power of Large Language Models to Drive Progress in the Manufacturing Industry
BT  - Proceedings of the 9th International Conference on Financial Innovation and Economic Development (ICFIED 2024)
PB  - Atlantis Press
SP  - 125
EP  - 133
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-408-2_15
DO  - 10.2991/978-94-6463-408-2_15
ID  - Shi2024
ER  -