Why a Future Dominated by Robots Is Still Far Away

The predictions that robots and artificial intelligence will soon take over the world may be a little premature. To be sure, the field of artificial intelligence is booming, and the technology is rapidly evolving. As its name implies, AI uses computer learning to handle all manner of basic human tasks, such as decision-making and data analysis. Its potential applications include everything from manufacturing to, yes, even being a CEO, by some estimates. And if you're a startup in artificial intelligence, the time to get funding is now, according to new research from CB Insights, the venture capital research firm. AI companies received 310 million in 54 funding deals in 2015, a seven-fold increase in the last four years.