Many more robots in our future
In 2010, the military and industrial market
for robots US$10.9 billion
far outweighed the market for personal and commercial uses US$3.2 billion.
According to analysis performed by the Boston Consulting Group. By 2025, military and industrial applications will grow to US$16.5 billion & US$24.4 billion, respectively, while commercial and personal use will skyrocket to US$17 billion & US$9 billion.
Source: “Takeoff in Robotics Will Power the Next Productivity Surge in Manufacturing” (Boston Consulting Group, February 10, 2015)
Significant number of jobs are at risk
University of Oxford researchers in 2013 concluded that 47% of total U.S. employees are already at a high risk of being displaced.
48% of technology experts canvassed by the Pew Research Center said significant numbers of blue- and white-collar jobs will be displaced by 2025, leading to income inequality, large groups of unemployable people, and breakdowns in the social order. 52% believe that while many jobs will be displaced, many more will be created to
take their place.
Sources: “The Future of Employment: How Susceptible Are Jobs to Computerisation?” (Oxford Martin School, University of Oxford, September 17, 2013), “AI, Robotics, and the Future of Jobs” (Pew Research Center, August 6, 2014)
Robots are evolving beyond mere replacements
ROBOTS AS HELPERS. Some robotic machines with limited intelligence will act as manual laborers, performing work that is too difficult or undesirable for the rest of us.
AUTONOMOUS ROBOTS. Other robots are being developed with increasing levels of autonomy, with varying levels of human involvement and independent decision-making capabilities.
ROBOTS AS HUMAN EXTENSIONS. Many robots serve as a robotic extension of the human form, such as exoskeletons, bodysuits, or bionic limbs that extend human capabilities.
To learn more about the future evolution of the human-machine relationship, read the in-depth report Bring Your Robot to Work.