Had a physics teacher in highschool, worked on a submarine. Told me that with government equipment like submarines, workers replace parts based on dates regardless of the wear and tear of the part. "If this screw is supposed to last 10 years, we're ordered to replace it in 7 years regardless of the condition." With for profit companies, they'd try to push the parts to last 12 years instead of 10 by inspecting them an…
I've heard the word AI being used around this before... and it scares me.
It’s just a marketing term. Most predictive maintenance models are ML or statistical learning models and have a great track record. Some call it AI to sound hip (you can any ML model AI these days) but it’s probably just a standard model from reliability engineering.