KEY POINTS
  • Factories are expected to become a lot smarter in the future, powered by critical technologies such as artificial intelligence, cloud computing and the metaverse.
  • Artificial intelligence could be used to converse with or make machine equipment, while so-called "digital twins" will help manufacturers clone products in the metaverse.
  • There are concerns that automation may lead to job displacement. Some hope that, with more advanced AI systems, we'll work collaboratively with machines rather than get replaced by them.
A robotic arm gets to work at German manufacturer Rittal's smart factory in Haiger, to the west of Hesse, Germany.

Conversational artificial intelligence that can be used to communicate with equipment and generate machine parts. Digital versions of vehicles and planes that can be modified to fine-tune their physical counterparts. And autonomous robots that move as you walk by.

These are just a few of the technologies that will power the factories of the future, according to technologists and industry experts who spoke with CNBC.