Investors wanting to future-proof their portfolios should look at robotics, automation and artificial intelligence (RAAI). The multidecade transition to advanced robotics is still in its infancy, but the ingredients for a major breakthrough are in place. Costs are rapidly declining across key enabling technologies such as computing, sensing and communication. There has been an explosion in performance capabilities that dramatically expand the scope of RAAI and how it is applied in nearly every industry. At the same time, the world is generating an almost unimaginable quantity of the fuel that powers artificial intelligence: big data. And that pace is growing at a frenetic pace of billions of gigabytes every day. RAAI is poised to explode, and it promises to be even more transformative than personal computers, the internet, mobile devices and big data before it. It is now predicted that RAAI’s economic impact will be measured in trillions of dollars. Andrew Ng, then chief scientist o...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.