Tag: #Robots

PwC Reports AI Won’t Kill The Job Market

PwC Reports AI Won’t Kill The Job Market

Internet, Technology
It’s impossible to say precisely how artificial intelligence will disrupt the job market, so researchers at PwC have taken a birds eye view from the top down, and pointed to the results of sweeping economic changes. Their prediction, in a new report out Tuesday, is that it’ll all balance out in the end. More automation in trucks, factories and elsewhere could decimate around 7 million existing jobs in the UK by 2037. But the rise in robots and machine-learning software will make the country more productive over the next two decades, growing at a 2% annual clip, to put nearly the same number of jobs back in the system: 7.2 million, PwC estimates. To be clear those new jobs won’t involve building robots or coding AI-powered software, which will only make up around 5% of employment, sa
Agricultural robots and drones to become a $45 billion industry by 2038

Agricultural robots and drones to become a $45 billion industry by 2038

Uncategorized
Robotic technology is quietly transforming the world of agriculture. It is estimated that around 700 thousand tractors equipped with autosteer or tractor guidance will be sold in 2028. According to the Agricultural Robots and Drones 2018-2038: Technologies, Markets, Players report over 40 thousand unmanned fully-autonomous tractors will be sold in 2038. The take up will remain slow as users will only slowly become convinced that transitioning from level 4 to level 5 autonomy is value for money. This process will be helped by the rapidly falling price of the automaton suite. The rise of fleets of small agricultural robots Autonomous mobile robots are causing a paradigm shift in the way we envisage commercial and industrial vehicles. In traditional thinking, bigger is often better. T...