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 property development and building


Getting Ready for Robotics in Property Development and Building

#artificialintelligence

The already rapid growth of the global robotics market is accelerating. It more than doubled from 2005 to 2015 and is projected to more than triple from 2015 to 2025. This growth is broad-based, touching almost the entire economy, and two simple truths are behind it: robots are becoming cheaper (the cost of industrial robot systems dropped by nearly 30% in the decade leading up to 2015), while their applications and capabilities are widening and improving. In construction, the big leap is that robots are getting better at operating in uncontrolled environments. Previously, they could work only in highly structured environments such as automobile production lines, doing repetitive, relatively simple tasks.