Companies can achieve operational cost savings of 50 per cent if they replace an offshore back office worker with an artificially intelligent software robot, a new study has found.
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Andrew Moore, dean of Carnegie Mellon University's School of Computer Science, shares with CIO.com his thoughts on where artificial intelligence and cognitive computing research is heading.
Andrew Haldane, the Bank of England's chief economist, said that jobs at risk from automation total about 80 million in the US and about 15 million in the UK.
Robots may start taking over the workplace as early as 2018, with almost half of new companies set to have more smart machines than employees, according to Gartner.
In the race to get drones into the sky and zipping across cities delivering packages and snapping photos, cellular networks are quickly emerging as the preferred way of keeping them in touch with the ground.
VC Funding For Robotics Grew 36 per cent in 2014. Like everyone else today, robots are following the VC dollars. And while many funding rounds are aimed at the usual industrial automation, money is also flowing to startups developing more human-friendly robots.
Editor's note: Traction Watch is a new column focused obsessively on growth, and is a companion to the DEMO Traction conference series, which brings together high-growth startups with high-potential customers. Companies can apply here to showcase, or those similarly obsessed can register here to attend.
Robots are essentially a self-contained tribute to the wonders of technology. The most advanced models use fast computer processing, high-definition cameras, artificial intelligence and long-range sensors, all of which give you a pretty good idea where technology is heading. In some ways, a robot even provides a glimmer of the future car and future IT advances.
If you're looking for signs of our collective robotic future, it's either terrifyingly near or forever just around the corner.
Take a drive on Highway 101 between Silicon Valley and San Francisco these days and you might see one of Google's driverless cars in the lane next to you. The vehicles are one of the most visible signs of the increasing amount of research going on in the area related to automated driving technology.
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