The new industrial revolution: Robots are an opportunity, not a threat

Market impact of autonomous systems is estimated to be $9.8 to $19.3 trillion a year by 2025

Invasion. Takeover. These are the kind of words that have been bandied about in news headlines about robotics and artificial intelligence in the last few years. The coverage has been almost relentlessly negative, focusing on the threat to jobs, squeezing out the human component. While such potential is there, if robotics and AI do become a threat, then we believe this would be a threat of society’s own choosing.

The market impact of robotics and autonomous systems is estimated to be US$9.8 to US$19.3 trillion a year by 2025, but a recent