According to a recent research study, the robotics economy is projected to see an explosive growth, increasing from a total market value of 40 Billion USD in 2016 to a potential market valuation of 135 Billion USD in 2019. According to the market statistics, the robotics market has some great prospects in terms of compounded annual growth in the coming years.
The term Robotics was first introduced by I, Robot (1950) science fictionauthor, Isaac Asimov. Robotics is the branch of technology that handles the design, operation, construction and application of robots. In the book Mr. Asimov described the three laws of Robotics:
➡️ A robot may not injure a human being or, through inaction, allow a human being to come to harm.
➡️ A robot must obey orders given by human beings except where such orders would conflict with the First Law.
➡️ A robot must protect its own existence as long as such protection does not conflict with the First or Second Law.
The Artificial Intelligence (AI) and robotics economy consists of various branches ranging from human-friendly companion robots that accompany elderly citizens to fully autonomous vehicles and anything in between. One of the projects that aims to disrupt the robotics industry by making the development process faster, cheaper and easier is Kambria.
Full article: https://hackernoon.com/kambria-disrupting-the-robotics-industry-a-project-overview-3d2c97dd8b58
Also published on Medium.