Example Concept: Type inference allows the compiler to deduce the type of a variable or expression based on the context in which it is used. In Kotlin, for example, when you declare a variable with `val name = "John"`, the compiler infers that `name` is of type `String`. Similarly, in TypeScript, when you assign `let count = 5`, the type of `count` is inferred as `number`. This reduces boilerplate code and helps maintain readability while ensuring type safety.