Ryan Vlastelica for MarketWatch: If robots are taking jobs, should you invest in the robot makers? That’s the argument behind a pair of outperforming exchange-traded funds that track the robotics industry, which could continue seeing strong growth as more positions get automated by machines or algorithms. In a Jan. 23 note, UBS named automation and robotics as one of the two areas of technological innovation that would drive productivity over the coming decade, along with the digital data industry. “Both have the potential to profoundly transform the structure of our economy, disrupt existing business models, but also create substantial growth opportunities for those well-positioned to participate,” the firm wrote, singling out the ROBO Global Robotics & Automation Index ETF ROBO, +0.59% as a fund that would benefit from this trend, with the investment time horizon of a decade. Cont'd...
Automation in the pharmacy for IV drug compounding is still in its infancy.
Mary Jo Foley for All About Microsoft: In the early 2000s, Microsoft was all-in on robotics. By the middle of that decade, the company seemingly had all but abandoned the robotics space. But this may be the year that Microsoft may be ready to get back into robotics, on multiple fronts. When Microsoft founder Bill Gates was still involved in the day-to-day operations of the company, robotics was slated to be one of Microsoft's next big things. Microsoft built a programming model and framework for developers working on anything from Lego robots to industrial-scale robots. However, that product, "Microsoft Robotics Studio," never really went beyond the academic and hobbyist communities and the company's ambitions in this space withered. Cut to 2017. These days, the home for a good chunk of the Microsoft current robotics work is apparently in Microsoft Research (MSR) -- specifically in the AI + Research (AI+R) Group under executive vice president Harry Shum. (I say "apparently" here because Microsoft officials declined to answer any of my questions on the company's robotics initiatives.) Shum is known for his work in computer vision and graphics and has a Ph.D. in robotics from Carnegie Mellon. Cont'd...
Enabling a full object view with just one camera.
Oscar Williams-Grut for Business Insider: The government is putting cutting edge technologies such as artificial intelligence (AI), 5G wireless internet, "smart" energy technology, and robotics at the heart of its new post-Brexit industrial strategy. Theresa May is set to launch the government's "Modern Industrial Strategy" on Monday at a regional meeting of the cabinet in the North West. The Prime Minister announced in a release on Sunday evening that the strategy would be focused around ten key strategic pillars, the first of which is: "Investing in science, research, and innovation." Cont'd...
The use of a Real-Time Operating System (RTOS) is increasingly common in embedded software designs.
Phys.org: An open-source 3D-printed fingertip that can 'feel' in a similar way to the human sense of touch has won an international Soft Robotics competition for its contribution to soft robotics research. Pushing the boundaries of soft robotics, the open-source tactile fingertip, known as TacTip, is a 3D-printed tactile sensor that has been developed by the Tactile Robotics Team from Bristol Robotics Laboratory (BRL). The fingertip meets the need for a cheap, robust, versatile tactile sensor to give robots an artificial sense of touch. The sensor has a unique design in which a webcam is mounted inside a 3D-printed soft fingertip to track internal pins that act like touch receptors inside our own fingertips, making it cheap to build and highly customisable. Cont'd...
The company pays the robot monthly, plus payroll taxes. The robot pays income tax and a percentage of the robot's wages go to the RMWP. The RMWP (Robot Minimum Wage Plan) collects the money and distributes it to the displaced workers.
Via Yahoo Finance: This robot arm is a fraction of the price of similar robots you might see in factories. It’s called CTRL and was developed by Robotics Evolved to be an affordable robot arm. Unveiled at CES 2017, this desktop-sized robot arm aims to make robotics more accessible to the masses. The device is open-source and can be run on the programming language of the user’s choosing. For those unfamiliar with code, CTRL can also learn to replicate movements when manipulated by hand. CTRL is currently equipped with a gripping tool but the company plans to expand attachment offerings to include options like spray nozzles and engraving tools. Robotics Evolved is currently seeking funding through a Kickstarter campaign and you can reserve your very own CTRL robot arm for just over $500. Kickstarter page:
Companies are reinventing themselves, looking at their business in a new way with regards to how can they be a disrupter, and how they can prevent being disrupted - and this opens up deal flow.
Graeme Wearden for The Guardian: The “fourth industrial revolution” will once again be a key theme at this year’s Davos, where the focus will be on the problems created by technologies such as smart robots and driverless cars. The WEF will examine whether the loss to these innovations of millions of jobs is undermining social cohesion and contributing to the rise of populist parties. Davos will also consider whether increased use of artificial intelligence and the “internet of things” are laying firms open to a new wave of cyberthreats and security beaches. This area of technology has until now been only lightly regulated; is the world ready to hand more decision-making powers to machines? Full article:
EU Parliament News: EU rules for the fast-evolving field of robotics, to settle issues such as compliance with ethical standards and liability for accidents involving driverless cars, should be put forward by the EU Commission, urged the Legal Affairs Committee on Thursday. Rapporteur Mady Delvaux (S&D, LU) said: “A growing number of areas of our daily lives are increasingly affected by robotics. In order to address this reality and to ensure that robots are and will remain in the service of humans, we urgently need to create a robust European legal framework”. Her report, approved by 17 votes to 2, with 2 abstentions, looks at robotics-related issues such as liability, safety and changes in the labour market. MEPs stress that EU-wide rules are needed to fully exploit the economic potential of robotics and artificial intelligence and guarantee a standard level of safety and security. The EU needs to take the lead on regulatory standards, so as not to be forced to follow those set by third states, argues the report. Full Release:
The 'intelligent' robot companion that plays chess as a hobby, serves coffee and learns from its own experiences
The Daily Mail: A robot developed by engineers in Taiwan can pour coffee and move chess pieces on a board against an opponent - but he's looking for a real job. The robot spent last week playing games against opponents at the Consumer Electronics Show in Las Vegas. It was displaying what developers call an 'intelligent vision system' which can see its environment and act with greater precision than its peers. With this enhanced vision, the robot can perform variety of tasks for service and manufacturing, and can also learn on the job with artificial intelligence. Playing chess is just a hobby showcasing the robot's visual acuity - such as the ability to distinguish between different chessmen- and dexterity in gripping and moving objects. Cont'd...
ATX West will be held from February 7th - 9th in Anaheim, California. This RoboticsTomorrow.com Special Tradeshow report aims to bring you news, articles and products from this years event.
128 companies got funded, some multiple times. $1.95 billion, 50% more than 2015 which was also a phenomenal year with over $1.32 billion funded.
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Industrial Robotics - Featured Product
Schmalz Technology Development - Vacuum Generation without Compressed Air - Flexible and Intelligent
• Vacuum generation that's 100% electrical; • Integrated intelligence for energy and process control; • Extensive communication options through IO-Link interface; Schmalz already offers a large range of solutions that can optimize handling process from single components such as vacuum generators to complete gripping systems. Particularly when used in autonomous warehouse, conventional vacuum generation with compressed air reaches its limits. Compressed air often is unavailable in warehouses. Schmalz therefore is introducing a new technology development: a gripper with vacuum generation that does not use compressed air. The vacuum is generated 100% electrically. This makes the gripper both energy efficient and mobile. At the same time, warehouses need systems with integrated intelligence to deliver information and learn. This enables the use of mobile and self-sufficient robots, which pick production order at various locations in the warehouse. Furthermore, Schmalz provides various modular connection options from its wide range of end effectors in order to handle different products reliably and safely.