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According to a recent research study, the robotics economy is projected to see an explosive growth, increasing from a total market value of <a href="https://ifr.org/downloads/press/Presentation_PC_27_Sept_2017.pdf" target="_blank">40 Billion USD in 2016</a> to a potential market valuation of <a href="https://www.weforum.org/agenda/2016/05/the-rise-of-the-robots-how-the-market-is-booming" target="_blank">135 Billion USD in 2019</a>. According to the <a href="https://www.statista.com/statistics/257163/projected-revenue-growth-of-the-global-robotics-market/" target="_blank">market statistics</a>, the robotics market has some great prospects in terms of compounded annual growth in the coming years.

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<span>W</span>hen thinking about robots and artificial intelligence (AI) most of us will envision the archetypical images of Star Wars legends R2D2 and C3PO or my personal favourite childhood badass the Terminator. While science fiction literature and movies have provided a stage for robots to display their awesome potential, they also often paint a picture of a dystopian world in which robots become self-aware beings, rebelling against and ultimately suppressing mankind. I wouldn’t be surprised if a lot of people are actually quite anxious about robots taking over the world in the future. Luckily this is not the case (yet) and are robots nowadays used for carrying out all kind of routine or complex tasks. Currently, robots can be used to perform various tasks, such as: surgery, accompany the elderly, diffuse bombs, and space exploration. Hence robots can save lives and perform tasks that would otherwise be too complex or too dangerous to perform by humans. In this article I would like to take you on an adventure and take a look at the interesting history of robotics and AI.

The Next Step in the Evolution of Robotics and Artificial Intelligence

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We are Kambr: Our mission is to lift airline revenues

KAMBR

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KAMBR

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Kambr's stories on HackerNoon

Kambria: disrupting the robotics industry, a project overview

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Mission: Earn 1 BTC and 1 ETH in One year. How I Did It.

The Next Step in the Evolution of Robotics and Artificial Intelligence

Madhusudana Kamballi’s Visionary Leadership in SAP S/4 HANA Transformation

Mahesh Kambalan on Next-Gen Healthcare Analytics

OPT-175B is Comparable to GPT-3 While Requiring Only 1/7th the Carbon Footprint

Reducing Docker Container Start-up Latency: Practical Strategies for Faster AI/ML Workflows

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Leverage Shares By Themes Adds GEMI, BLSH, BMNR to Leveraged Single-stock ETF Suite — Debuting First

Can Sparse Spectral Training Make AI More Accessible?

Researchers Just Built a Plug-and-Play Brain for LLMs

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KAMBR

kambr.com

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KAMBR

EVERGREEN INDEX #4720

Kambr's stories on HackerNoon

Kambria: disrupting the robotics industry, a project overview

Top 6 Crypto Launchpads in 2021

Mission: Earn 1 BTC and 1 ETH in One year. How I Did It.

The Next Step in the Evolution of Robotics and Artificial Intelligence

Madhusudana Kamballi’s Visionary Leadership in SAP S/4 HANA Transformation

Mahesh Kambalan on Next-Gen Healthcare Analytics

OPT-175B is Comparable to GPT-3 While Requiring Only 1/7th the Carbon Footprint

Reducing Docker Container Start-up Latency: Practical Strategies for Faster AI/ML Workflows

How Decentralized Finance and Gaming are Reshaping Digital Economies

Leverage Shares By Themes Adds GEMI, BLSH, BMNR to Leveraged Single-stock ETF Suite — Debuting First

Can Sparse Spectral Training Make AI More Accessible?

Researchers Just Built a Plug-and-Play Brain for LLMs

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79.8B

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12B

2005

8.2B

2011

5B

1994

2.1B

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