The World Jewelry Confederation (CIBJO) has issued a new report on the new technologies in the jewellery industry, focusing on artificial intelligence (AI) as a driving force behind optimization.
The report was prepared by the CIBJO Technology Committee, headed by Stéphane Fischler, and published in time to coincide with the 2024 CIBJO Congress in Shanghai in November. It is the 10th area-specific CIBJO reports so far.
“Yes, many challenges remain, and there is a lot of ‘hype’ for sure,” Fischler noted .”Those are well known caveats that it’s important we appreciate, especially when incorporating or investing in any new technological strategy or use. But we should focus on the positive, because we undoubtedly work in an industry that has been progressively and constructively impacted by the adoption of new technology-driven production and management systems.”
According to CIBJO, its Technology Committee leans towards analytical approach which considers how the various sectors of the jewellery industry are likely to be impacted and changed by technologies coming down the pipeline.
While jewellery industry technology development traditionally focused on the development of automated systems that improved efficiencies in the mining, rough processing and manufacturing sector, a much greater focus today on the downstream section of the distribution chain. It is noted that digital data collection, analysis and delivery systems enabled the introduction of a new highly effective approach in the sector.
Theodor Lisovoy, Managing Editor, Rough&Polished
