Lifeboat Foundation

by Nick Hawes — City AM

ROBOTICS is now the fastest growing industry in the world, according to a recent report from Littler Mendelson, and could well become one of the largest within a matter of decades. Yet for all the hype, and fears of autonomous machines replacing human jobs, this is a comparatively recent development. The fields of robotics and artificial intelligence have long held promise, but have seldom delivered the results to match.Yet after years of stagnation, the market for industrial robots in factories – reprogrammable machines that can do fixed, predictable tasks – has started to grow again. More excitingly, we can now expect greater developments in service robots – machines with the ability to make decisions for themselves.

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