AI Articles and Analysis about Automation and robotics

Over the past decade, the industrial sector has seen major advancements in automation and robotics applications. Automation in both continuous process and discrete manufacturing, as well as the use of robots for repetitive tasks are both relatively standard in most large manufacturing operations (this is especially true in industries like automotive and electronics).

In this episode of AI in Industry, we speak with Brendan Kohler, the CTO of Co-founder of Boston-based startup Sentenai. Brendan speaks about how businesses today can effectively leverage the data being collected by their existing IoT and automation systems. Though example applications and use-cases, Brendan elaborates on what kinds businesses might use this technology today and what they can expect in the near future.

Relative to banking, finance or healthcare, construction is still a small market for artificial intelligence and emerging applications are focused on finding patterns in large datasets which would either be too difficult for humans to process or would take them too long. Over the course of this article, we aim to answer the following questions:

Episode summary: In this week’s episode of AI in Industry we speak with Rodney Brooks, Founder and CTO of Rethink Robotics, a collaborative robot manufacturer founded in Boston in 2008. Rodney explores robotic safety regulations and he also paints a picture of what robots might be capable of in the next five years.

This year has been marked by an increase in artificial intelligence interest from new business sectors. Just one years ago, we hardly had any visitors or subscribers from the food services sector - and this year we have a strong interest from food processing and food services leaders, which has come as a surprise.

The number of persons aged 60 or above is expected to grow from 962 million globally in 2017 to 2.1 billion in 2050 and 3.1 billion in 2100, according to a United Nations report. In the United states alone, the healthcare industry employs over 4.5 million nursing aides and orderlies and home health aides and personal care aides.

The transportation domain is beginning to apply Artificial Intelligence (AI) in mission-critical tasks (for example, self-driving vehicles carrying passengers) where the reliability and safety of an AI system will be under question from the general public. Major challenges in the transportation industry like capacity problems, safety, reliability, environmental pollution, and wasted energy are providing ample opportunity (and potential for high ROI) for AI innovation.

The International Federation of Robotics reports that the U.S. service robot industry, which includes both industrial and domestic sectors, is a $5.2 billion market. It also estimates that home robots or domestic robots will contribute $11 billion in revenue by 2020.