French maker of industrial equipment. By early 2026 it had around 100 artificial-intelligence applications in operation. Morgan Stanley estimated these would result in around €400m in annual savings in 2026, amounting to less than 1.5% of its total costs. Peter Weckesser, who oversees its digital efforts, has declared that eventually "there will be not a single product or function at Schneider Electric that will not be affected by artificial intelligence." The company hired its first "chief AI officer" in November 2021, a year before the launch of ChatGPT, making it an early adopter of the technology among European manufacturers.
It does me no injury for my neighbor to say there are twenty gods or no God. It neither picks my pocket nor breaks my leg.