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Head of Innovation, Technology & the Future of Work, Citi Global Insights
Do you fancy having a butler, a cleaner, a chauffeur, an assistant and a carer?
Artificial Intelligence meets robotics is making all of the above possible. Along with a Citi team and external expert contributors, I enjoyed looking at the many areas in which AI-robots could be useful to us going forward. We then tried to dimension how many AI-robots could be moving around us. Our conclusion was a lot. Over 4bn by 2050.
One of the other surprises was how short some of the payback periods could be, with implications for the world of work.
For more, please find the full report in the link below. The summary also explains the title.
Do you fancy having a butler, a cleaner, a chauffeur, an assistant and a carer?
Artificial Intelligence meets robotics is making all of the above possible. Along with a Citi team and external expert contributors, I enjoyed looking at the many areas in which AI-robots could be useful to us going forward. We then tried to dimension how many AI-robots could be moving around us. Our conclusion was a lot. Over 4bn by 2050.
One of the other surprises was how short some of the payback periods could be, with implications for the world of work.
For more, please find the full report in the link below. The summary also explains the title.
Passionate about making the complex and nuanced clear and accessible. Specialist in finance, investments, and emerging technologies. Ex-Vanguard, Reuters, and The Wall Street Journal.
AI-enabled robots are coming -- 1.3 billion of them by 2035, 4.1 billion by 2050, according to Citi. My hunch is that this is an underestimate.
Most AI robots, Citi projects, will likely be autonomous vehicles and domestic cleaners. Indeed, a few early models are already familiar to us. But the third big category will be humanoids. Although currently costly, the payback period for this tech seems short. This will inevitably suppress wages and replace jobs, even if the relationship between new tech and labour is more nuanced than the knee-jerk Luddite intuitions many of us hold.
Citi's report covers some of the ground of my recent MA and is worth a read. It includes useful case studies. Not discussed, though, are the implications of this megatrend for future gender relations, social stability, international peace and the general human experience. But then, that's not part of a bank's research remit.
Head of Innovation, Technology & the Future of Work, Citi Global Insights
Do you fancy having a butler, a cleaner, a chauffeur, an assistant and a carer?
Artificial Intelligence meets robotics is making all of the above possible. Along with a Citi team and external expert contributors, I enjoyed looking at the many areas in which AI-robots could be useful to us going forward. We then tried to dimension how many AI-robots could be moving around us. Our conclusion was a lot. Over 4bn by 2050.
One of the other surprises was how short some of the payback periods could be, with implications for the world of work.
For more, please find the full report in the link below. The summary also explains the title.
In today's rapidly evolving world, diversity in data is crucial for creating robots that can thrive in various environments. Kudos to the brilliant minds pushing the boundaries of innovation! 💡
✨ Diversity in data leads to more robust and adaptable robots
✨ Adaptability is key to successful robot deployment in various environments
✨ Innovation in robotics is accelerating at an unprecedented pace
Stay ahead of the curve with the latest AI and robotics updates from our page. Share your thoughts on the importance of diversity in data for robotics and let's spark a conversation! 💬
Credits: Eric Jang (@ericjang11) · X | 1X | S3\n\nSource: https:\/\/www.youtube.com\/watch?v=2ccPTpDq05A
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The world of AI robotics is advancing at a rapid pace, with several exciting updates making headlines. One of the most notable developments is the Figure 02 humanoid robot. This latest iteration from Figure showcases significant improvements in agility and real-world applications. The Figure 02 robot is designed to perform a wide range of tasks, from industrial applications to personal assistance, demonstrating enhanced capabilities that make it more versatile and efficient.
In addition to Figure 02, Tesla has unveiled updates to its Optimus robot. This humanoid robot, also known as the Tesla Bot, is designed to handle dangerous, repetitive, and boring tasks, freeing humans to focus on more complex and creative endeavors. The latest version of Optimus features improved dexterity and mobility, allowing it to perform tasks with greater precision and efficiency. Tesla's vision for Optimus includes its integration into various industries, from manufacturing to household chores, potentially revolutionizing the way we approach everyday tasks.
A surprising collaboration has also emerged between Kim Kardashian and the Optimus robot. This partnership aims to explore the intersection of technology and pop culture, showcasing how advanced robotics can be integrated into mainstream media and entertainment. By leveraging Kim Kardashian's influence and Tesla's cutting-edge technology, this collaboration seeks to raise awareness about the potential of AI and robotics in enhancing our daily lives.
These updates highlight the incredible advancements being made in the field of AI robotics. From the improved capabilities of Figure 02 to the innovative applications of Tesla's Optimus robot, these developments are paving the way for a future where AI-powered robots play an integral role in various aspects of our lives. As these technologies continue to evolve, they promise to bring about significant changes in how we work, live, and interact with the world around us.
AI won’t replace jobs; it’s here to enhance them. Ready to rethink robotics?
In the most recent issue of MT, Michel Spruijt shares how Brain Corp empowers organizations with BrainOS®, enabling intelligent automation across critical workflows.
"I think that in the next two years, a lot of people will see the value of robotics; I’m hoping that they will see it not as a threat, but rather an opportunity."
Read the full interview with Michel here:
🔗https://ow.ly/4iPi50U21Zs#automation#AI#robotics#MTmagazine
Just saw an awe-inspiring video showcasing Figure and OpenAI's collaboration, where the Figure 01 robot converses effortlessly with a human about various tasks. It's a sneak peek into a future where AI-driven humanoid robots could blend into our daily routines and work environments, potentially revolutionizing industries like ours at AUDI.
This video got me thinking about the myriad ways these advancements could reshape the automotive landscape. Could these humanoid robots soon be assisting in our design studios, production lines, or customer interactions, bringing a new dimension to innovation and teamwork?
I'm curious to hear your views. How do you envision such cutting-edge AI and robotics developments impacting your sector or daily life?
And here's a thought – would you be interested in a deeper dive into this topic? Should I explore and share more detailed insights into this fascinating intersection of AI and robotics?
Let's engage in this intriguing dialogue and envision the future together.
#AI#Robotics#FutureOfWork#Innovation
As 2024 comes to a close, it’s the perfect time to pause, reflect, and craft a technology wish list 😊.
My list for 2025 is short but ambitious, with only two items:
1️⃣ AI Agents:
“Agents are the thing everyone is talking about for good reason. This idea that you can give an AI system a pretty complicated task—the kind of task you’d give to a very smart human—that takes a while to complete, using a variety of tools to create something of value. That’s the kind of thing I’d expect next year. And that’s a huge deal. If that works as well as we hope it does, it can really transform things.”
– Sam Altman, DealBook Summit 2024
Watch the interview here: https://lnkd.in/dSqz33-S
2️⃣ Home Robots:
Robots that can help with everyday chores like cleaning, cooking, and organizing—bring more convenience and efficiency to our lives.
Explore more here: https://lnkd.in/dTvz4BfT
What would you add to your technology wish list for 2025?
#AIAgents#Robots#GenAI #2025
Humanoid robots could become essential to reinventing #manufacturing work! Equipped with sensory networks and powered by #GenAI, these advanced machines are tackling dull, dangerous and repetitive tasks that are hard to staff and that traditional robots can't.
Learn more: https://accntu.re/4eTgdBv#Accenture#Robotics
Humanoid robots could become essential to reinventing #manufacturing work! Equipped with sensory networks and powered by #GenAI, these advanced machines are tackling dull, dangerous and repetitive tasks that are hard to staff and that traditional robots can't.
Learn more: https://accntu.re/4eTgdBv#Accenture#Robotics