Robots in the work place can perform hazardous or even 'impossible' tasks; e.g., toxic waste clean-up, desert and space exploration, and more. AI researchers are also interested in the intelligent processing involved in moving about and manipulating objects in the real world.
Tesla offers a $10,000 feature called Full Self-Driving Capability. It includes futuristic goodies like the ability to summon the car via app in a parking lot, and it can detect and react to traffic lights and stop signs. FSD, as Tesla enthusiasts call it, includes Autopilot, a feature that "automatically" drives on highways, changing lanes, keeping a car within its lane and at a consistent distance from other vehicles. But even people who shell out for Full Self-Driving don't own a self-driving car, and vehicles with Autopilot can't automatically pilot themselves. Lengthy blocks of text in Tesla owners' manuals describe when, where, and how the features should be used: by a fully attentive driver who is holding the steering wheel and is "mindful of road conditions and surrounding traffic."
The climate emergency brooks no compromise: every human activity or artefact is either part of the solution or it is part of the problem. I've worried about the sustainability of consumer electronics for some time, and, more recently, the shocking energy costs of big AI. But the climate emergency has also caused me to think hard about the sustainability of robots. And, I'm ashamed to say, very little robotics research is focused on the development of sustainable robots. A search on google scholar throws up a handful of excellent papers detailing work on upcycled and sustainable robots (2018), sustainable robotics for smart cities (2018), green marketing of sustainable robots (2019), and sustainable soft robots (2020).
The perception that self-driving cars can really operate themselves without driver involvement is worrying automotive watchdogs, who say that some Americans have grown dangerously confident in the capabilities of semi-autonomous vehicles. Their comments come as electric vehicle maker Tesla's so-called Autopilot system is under scrutiny once again following a crash that killed two passengers in the Houston area late Saturday. "I would start by saying there are no self-driving cars despite what you may read about or what you've seen advertised," said Jake Fisher, senior director of auto testing for Consumer Reports. "And there's certainly nothing anywhere close to self-driving that is in production right now." Tesla has been the most common target of critics for marketing that its vehicles are capable of "full self-driving" with an upgrade. They are not capable of full self-driving – and, in fact, Tesla says on its website that drivers are supposed to keep their hands on the wheel at all times, ready to take over when the system is not able to steer, accelerate or brake on its own.
Note: First 100 subscribers receive a free lifetime subscription. In May of 2018, a "center of excellence" for artificial intelligence opened in Medellín, Colombia. According to an article by Jared Wade, the center comes from a partnership between US-based Institute for Robotic Process Automation and Artificial Intelligence (IRPA AI) and Medellín-based startup incubator, Ruta-N. The launch was facilitated by the Agency for Cooperation and Investment in Medellín (ACI) with the goal of fostering specialized skills in the local labor force, and is part of a larger plan to promote research, development, entrepreneurship, and innovation. This is good news, but I'm biased.
It's a cold winter day in Detroit, but the sun is shining bright. Robert Williams decided to spend some quality time rolling on his house's front loan with his two daughters. Suddenly, police officers appeared from nowhere and brought to an abrupt halt a perfect family day. Robert was ripped from the arms of his crying daughters without an explanation, and cold handcuffs now gripped his hands. The police took him away in no time! His family were left shaken in disbelief at the scene which had unfolded in front of their eyes. What followed for Robert were 30 long hours in police custody.
A small robotic helicopter named Ingenuity made space exploration history on Monday when it lifted off the surface of Mars and hovered in the wispy air of the red planet. It was the first machine from Earth ever to fly like an airplane or a helicopter on another world. The achievement extends NASA's long, exceptional record of firsts on Mars. "We together flew at Mars," MiMi Aung, the project manager for Ingenuity, said to her team during the celebration. "And we together now have this Wright brothers moment."
For investors looking for momentum, Global X Robotics & Artificial Intelligence ETF BOTZ is probably a suitable pick. The fund just hit a 52-week high and is up 99.4% from its 52-week low price of $18.49/share. Let's take a look at the fund and its near-term outlook to gain an insight into where it might be headed: This ETF seeks to invest in companies that potentially stand to benefit from increased adoption and utilization of robotics and AI, including those involved with industrial robotics and automation, non-industrial robots, and autonomous vehicles. It has AUM of $2.60 billion and charges 68 basis points (bps) in annual fees. Due to the coronavirus outbreak, the robotics market is flooded with opportunities as robots are being used for jobs such as sanitizing hospitals, homes and workplaces along with monitoring, surveying, handling, and delivering food and medicines.
Visit our ETF Hub for investor news and education, market updates and analysis and easy-to-use tools to help you select the right ETFs. Robotics-focused exchange traded funds have seen "massive" outflows in recent weeks as one of the hottest trends of the past six months threatens to implode. The sharp reversal is starkest in Europe, where robotics and automation-themed ETFs chalked up inflows of $753m between September 2020 and February, according to data from Global X, a New York-based ETF manager. However, a record $506m of this money was pulled out of the market in March alone, cutting assets 8.5 per cent to $5.4bn. The US robotics segment also witnessed "significant" outflows of $363m, pulling sector-wide ETF assets down 6.1 per cent to $8.9bn, according to Global X.
The self-driving technology industry is in a strange state right now. A number of companies have been pouring millions of dollars into self-driving technology for years, and many of them have prototype self-driving vehicles that seem to work. Yet I know of only one company--Waymo--that has launched a fully driverless commercial taxi service. And I only know of one company--Nuro--that's running a driverless commercial delivery service on public roads. You'd expect these companies to be capitalizing on their early leads by expanding rapidly, but neither seems to be doing that.
Artificial Intelligence is taking over the world, changing our lives and pushing boundaries. AI is indeed now smarter and embedded in more and more devices, such as toothbrushes, refrigerators, and thermostats, than ever before. How about a smart toilet that provides a rapid, daily health check and screening readout! Now, this may sound like an extreme example of TMI (too much information) but consider the positive implications. In a way, it makes total sense, as using the toilet daily is something that we humans all have in common.