3D Printing
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Industry Maturity Index: ‘Now ‘ Why this is important: The ACT Changing Nature of Risk workgroup expects that 3D Printing will become more commonplace as price points reduce for the technology and as other industries embrace its usage. Industries such as Manufacturing and Healthcare are already using 3D printing for prototyping and more. The legal implications as far as product liability are still vague as the technology is just now becoming more mainstream especially for personal/home use. Yet, this technology is going to significantly change product design, development and manufacturing as we know it. It is very much an enabler to the gig economy. What is it? 3D printing, also known as additive manufacturing (AM), are processes used to synthesize a three-dimensional object[1] in which successive layers of material are formed under computer control to create the object.[2] These objects can be of almost any shape or geometry and are produced from digital model data 3D model or other electronic data source such as an Additive Manufacturing File (AMF) file. – Wikipedia TED Fellow Skylar Tibbits is shaping the next development, which he calls 4D printing, where the fourth dimension is time. This emerging technology will allow us to print objects that then reshape themselves or self-assemble over time. https://www.ted.com/talks/skylar_tibbits_the_emergence_of_4d_printing?language=en Broad Implications / Uses: Economic Impact(s): Insurance Industry Implications: Negative Impacts Recommended Actions: Carriers – Vendors – Examples/Resources: Evolving Technology Caution: Call to Action: Authors: Cindy Donaldson, Rick Morgan To download a PDF of this Risk Advisory: |
ACT Risk Advisory – 3D Printing – 2017Feb15.docx