Advances in camera, sensor, and video interface technologies have helped power the continuing development of machine vision solutions for manufacturing and quality inspection that far surpass the abilities of any human.
Whether an automated machine vision system measures a spark plug’s gap, locates an assembly line item, reads 2D code, counts parts, checks for flaws or performs a host of other tasks, it is running at a greater speed and higher resolution than ever before.
Not only is modern manufacturing increasing production speeds, but machine vision is being applied to ever more demanding applications that were not feasible before today’s high-speed components became available.
In macroeconomics there is a concept called utility. According to Investopedia, “utility is the aggregate sum of satisfaction or benefit that an individual gains from consuming a given amount of goods or services.”