Friday July 10, 2020

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An All-Robot Workforce by 2036?

Worried about a robot taking your job? Don’t be. Researchers and industry experts believe, provided technology development continues at its current rate, humans and robots will work in seamless collaboration in the future.

Most robots, particularly in industrial and manufacturing jobs, have historically been too dangerous to work together side by side with humans. But recent advances have led to safer, more adaptable and user-friendly machines. Experts have posited that developing robots with artificial intelligence (AI) that make human operators’ lives easier is the key component in what is described as the era of smart technology.

It’s been estimated that, by the year 2036, robots will be capable of performing every job that humans can do. And because of new developments in user-friendly automation, it would seem the prediction is on track: the industrial machine market has doubled since 2014 and is expected to reach about $2 trillion worldwide by 2018, reported IHS GlobalSpec.

The International Federation of Robotics estimates 225,000 industrial robots were sold worldwide in 2014, up 27% from 2013, in particular within the automotive and electronics industries. One of the most user-friendly new models, Rethink Robotics' Baxter, is one of the most affordable collaborative robots on the market with a base price of $25,000. Baxter includes sensors and actuators that allow it to react and adapt to changes in its surroundings. And, with its simple graphical user interface, it allows users to train and modify its automation tasks.

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