AI Articles and Analysis about Automation and robotics

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.

The application of robotics in surgery has steadily grown since it began in the 1980s. In contrast, the integration of artificial intelligence in this sector is still fairly new. As promising applications, predominantly in the research and development phase, begin to the surface we aim to answer the important questions that business leaders are asking today:

Mining is a major worldwide industry producing everything from coal to gold. According to a PWC annual report, the top 40 mining companies have a market capitalization of $748 billion as of April 2017. The industry as a whole saw a slump in 2015 but since then the sector has recovered due to rising commodity prices.

Artificial intelligence is gaining traction in the agricultural industry and is steadily being integrated in robotics developed for this sector. As automated technologies penetrate the market, we aim to answer the important questions that business leaders are asking today:

Both artificial intelligence and robotics have been improving over the past few years. Large companies are betting billions that in the near future we will have cars that can drive themselves, drones that can fly themselves to deliver packages, automatic fast food chefs, AI personal assistants, manufacturing robots that can train themselves and other robots, etc.