Worldwide spending on robotics to reach US$135 billion in 2019

Posted in Business on 26th Feb, 2016
by Alex Muller

IDC forecasts global spending on robotics to grow at a compound annual growth rate of 17% from more than US$71 billion in 2015 to US$135.4 billion in 2019.

The robots are coming for jobs that pay $20 an hour or less, White House finds

Posted in Hardware on 23rd Feb, 2016
by Alex Muller

The question is whether the current pace of automation may in the shorter term increase inequality.

Impact of automation puts up to 85% of jobs in developing countries at risk

Posted in Software on 9th Feb, 2016
by Alex Muller

Most investors by surveyed by Citi feel automation poses a major challenge to societies, but automation will boost productivity.

Will the robot revolution bring economic meltdown?

Posted in Software on 1st Feb, 2016
by Alex Muller

Uber and Airbnb. Self-driving cars and Drones. You don't have to be a Silicon Valley veteran to notice that tech seems to be eating everything these days.

Robots Will Change World Beyond Recognition Says BoA

Posted in Business on 9th Nov, 2015
by Alex Muller

The Bank of America has voiced their opinion that robots may shatter the global economic order within a decade.