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The Robot Revival

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Robots have long been a manufacturing mainstay--tasked with doing the heavy lifting on the assembly line or taking over tedious repetitive motions. Up until recently, however, they've been limited to basic activities, typically on the automotive factory floor. But advancements in the form of small, light-weight collaborative robots, cloud analytics and artificial intelligence are ushering in a new era of robot applications and collaboration that will support a wide variety of industries. Industry observers say these new robot systems will transform the way products are made, as well as the way people work. "The next step is changing the way we work globally," said Esben Østergaard, CTO of collaborative robot company Universal Robots during an interview at IMTS 2016.


Valuing the Artificial Intelligence Market, Graphs and Predictions for 2016 and Beyond TechEmergence.com

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Wall Street, venture capitalists, technology executives – all have important reasons to understand the growth and opportunity of artificial intelligence, but the inherent vagueness of the term makes any single valuation extremely difficult. Indeed, the term "artificial intelligence" is notorious for having a relatively amorphous definition, itself. In order to put together an executive brief for market size and projected growth of AI, I've molded this article around (a) AI-related industry market research forecasts, and (b) a limited number of reputable research sources for further insight into AI valuation and forecasting, in addition to select and relevant quotes. Bear in mind that different market research firms define "artificial intelligence." To make this summary article more useful, we've quickly broken down all reports by source, definition / meaning of "artificial intelligence", valuation, and timeline.


Bank of America Picks 10 Key Stocks to Watch as Robots Take Over the World

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The global market for intelligent machines is set to more than triple to 153 billion by 2020, says Bank of America Corp.'s Merrill Lynch, which has pinpointed companies particularly poised to ride the robotics wave. "Robots and AI are becoming an integral part of our daily lives as providers of labor, mobility, safety, convenience, and entertainment," strategists in London led by Beijia Ma wrote in a note dated Nov. 3. "Demographics, energy efficiency, productivity, urbanization, and wage inflation suggest long-term sustained growth." Bank of America expects robots to be performing 45% of manufacturing tasks by 2025, versus 10 percent today. Driven by China, 2014 was the third consecutive year for record sales of robots worldwide -- a jump of 29 percent, BofA said.


Valuing the Artificial Intelligence Market, Graphs and Predictions

#artificialintelligence

Wall Street, venture capitalists, technology executives – all have important reasons to understand the growth and opportunity in the artificial intelligence market, but the inherent vagueness of the term makes any single valuation extremely difficult. Indeed, the term "artificial intelligence" is notorious for having a relatively amorphous definition. In order to put together an executive brief for market size and projected growth of AI, I've molded this article around (a) AI-related industry market research forecasts, and (b) a limited number of reputable research sources for further insight into AI valuation and forecasting, in addition to select and relevant quotes. Bear in mind that different market research firms define "artificial intelligence" according to varying criteria. To make this summary article more useful, we've quickly broken down all reports by source, definition / meaning of "artificial intelligence", valuation, and timeline.


Valuing the Artificial Intelligence Market, Graphs and Predictions -

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This article has been updated as of September 30, 2016 to reflect new research and industry progress in the artificial intelligence market. Wall Street, venture capitalists, technology executives – all have important reasons to understand the growth and opportunity in artificial intelligence, but the inherent vagueness of the term makes any single valuation extremely difficult. Indeed, the term "artificial intelligence" is notorious for having a relatively amorphous definition, itself. In order to put together an executive brief for market size and projected growth of AI, I've molded this article around (a) AI-related industry market research forecasts, and (b) a limited number of reputable research sources for further insight into AI valuation and forecasting, in addition to select and relevant quotes. Bear in mind that different market research firms define "artificial intelligence" according to varying criteria.