Catherine Clifford for CNBC:  The infiltration of the Internet into modern life changed everything from how we communicate to how we shop to how we learn information.

The forthcoming permeation of robots into our world of the future will cause an even more significant change in modern life and business than the Internet already has, according to a prominent roboticist.

"I happen to believe that robotics will be bigger than the Internet," says Marc Raibert, the CEO and founder of robotics company Boston Dynamics.

"The Internet lets every person reach out and touch all the information in the world. But robotics lets you reach out and touch and manipulate all the stuff in the world — and so it is not just restricted to information, it is everything," says Raibert, who spoke from the Future Investment Initiative in Riyadh, Saudi Arabia, at the end of October.

Indeed, Raibert is building that reality. Boston Dynamics, which was bought by SoftBank from Alphabet in June, builds robots that look like humans and animals.  Full Article: