# Dr. Karl Hoffower with Failure Prevention Associates Page: https://stenobird.com/podcast/the-industrial-talk-podcast-network-1121709/dr-karl-hoffower-with-failure-prevention-associates Text version: https://stenobird.com/podcast/the-industrial-talk-podcast-network-1121709/dr-karl-hoffower-with-failure-prevention-associates.md Podcast: [The Industrial Talk Podcast Network](https://stenobird.com/podcast/the-industrial-talk-podcast-network-1121709) Published: 2026-04-16T14:00:00+00:00 Episode link: https://industrialtalk.com/episodes/karl-hoffower-failureprevention Audio file: https://episodes.captivate.fm/episode/23fe8204-b7dc-4434-b6b2-db814a49d32b.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-industrial-talk-podcast-network-1121709/episodes/dr-karl-hoffower-with-failure-prevention-associates Duration seconds: 1565 ## Resource Industrial Talk is onsite at SMRP 2025 and talking to Dr. Karl Hoffower, Executive Director at Failure Prevention Associates about "Industrial Skills Gaps" . Scott Mackenzie and Dr. Karl Hoffower discuss the importance of asset management and reliability in industrial settings. Dr. Hoffower, former Chief of Physical Medicine and Rehab, now leads Failure Prevention Associates, which provides diagnostic tools and services for asset condition monitoring. They highlight the parallels between healthcare diagnostics and asset monitoring, emphasizing the need for human expertise to interpret AI-generated data. Dr. Hoffower also addresses the skills gap in the labor force, noting a decline in labor participation rates to 63% from 80%. They stress the importance of education and training to inspire the next generation and ensure the success of IoT and wireless sensor technologies. Outline Introduction and Welcome to Industrial Talk Podcast Scott MacKenzie introduces himself and the podcast, highlighting IRISS as the global leader in electrical maintenance safety. Scott MacKenzie welcomes listeners to the Industrial Talk podcast, celebrating industrial professionals worldwide. Scott MacKenzie mentions the SMRP conference in Fort Worth, Texas, and introduces Dr. Karl Hoffower. Dr. Karl Hoffower joins the conversation, and Scott MacKenzie comments on the hurricane that disrupted the previous year's conference. Dr. Karl Hoffower's Background and Transition to Asset Condition Monitoring Dr. Karl Hoffower shares his background as a former chief of Physical Medicine and Rehab in Silicon Valley. He explains his transition from healthcare to asset condition monitoring, drawing parallels between diagnostic tests in healthcare and asset monitoring. Dr. Karl Hoffower discusses the founding… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-industrial-talk-podcast-network-1121709/episodes/dr-karl-hoffower-with-failure-prevention-associates/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-industrial-talk-podcast-network-1121709/dr-karl-hoffower-with-failure-prevention-associates.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.