London, 15 November 2024 – The impact of artificial intelligence in improving prediction systems is witnessed in several fields. One of them includes weather forecasting as extreme weather events can be predicted and alerts issued in good time.
At the latest event on Innovation Incoming, organized by the Royal Academy of Engineering, Dr. Joshua Macabuag, Co-Founder and Chief Product Officer at Renew Risk, emphasized the role played by AI in enhancing climate forecasts.
“AI allows us to ingest large amounts of data and as a result make sparse forecasts that are more effective and actionable. Specializations can be put into account much easier and like prognoses, savings forecasts can be combined with them,”
Commented Dr. Macabuag. His statement highlighted that there is an increasing need to capitalize on modern technology, as it provides opportunities to find solutions to pressing world problems, which in this case, is climate change.
Renew Risk uses AI-based models to monitor enormous climatic conditions, which helps inform individuals most at risk in real time. These tools aim to provide a cutting-edge prediction capability for floods, hurricanes, and heat waves, thereby enhancing the ability to save many thousands of lives.
Once again, winners of the Royal Academy of Engineering MacRobert Awards demonstrated analogous solutions, stressing the importance of AI in the context of building particular sustainable mechanisms against other global challenges as well.
Within the event, stakeholders interact with various tools including disaster evaluation and long-term climate risk management strategies.
These developments, experts maintain, might disrupt industries that have a heavy dependence on weather forecasts such as agriculture, logistics, and insurance. As another speaker at the event explained
“we are not just improving weather forecast prediction, we are changing the way we deal with the forecast.”
Due to growing climate concerns, the demand for AI-integrated forecasting systems is anticipated to shift into high gear. More partnerships between technology companies and states are also needed to expand these initiatives internationally, according to researchers.
Can weather predictions be improved using #AI? The answer is yes, according to Academy Fellow Dr Joshua Macabuag, Co-Founder and CPO, Renew Risk. Find out why by watching the Innovation Incoming event here: https://t.co/MCzOzIVKL5 #MacRobertAward pic.twitter.com/waN5IqwgHl
— Royal Academy of Engineering (@RAEngNews) November 15, 2024
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