Rise of the Robots
If manufacturers are going to flourish in America, they’ll need to buy a lot more robots. Here are six ways to play this hot trend.
Jack Hough for Barron's: For long-term investors, robots could be one key to securing healthy corporate profit growth, and stock returns, even as wages rise. There are specific opportunities, too. Japan’s Fanuc (ticker: 6954.Japan) is far and away the U.S. market leader in industrial robots, and it’s quickly ramping up production. Its shares have been outperforming, and they could offer 20% more upside over the next year. Germany’s Kuka (KU2.Germany), which sold a majority stake last year to China’s appliance giant, Midea Group (000333.China), has similar return potential. Other stocks with high exposure to industrial robotics and factory automation include Rockwell Automation (ROK), Switzerland’s ABB(ABB), and Yaskawa Electric (6506.Japan). And for one-stop shoppers, there’s the Robo Global Robotics & Automation Index exchange-traded fund (ROBO), which tracks 85 stocks, charges annual expenses of 0.95%, and has returned 37% over the past year. Cont'd...
Brain-controlled robots
CSAIL system enables people to correct robot mistakes using brain signals.
Adam Conner-Simons via MIT News: For robots to do what we want, they need to understand us. Too often, this means having to meet them halfway: teaching them the intricacies of human language, for example, or giving them explicit commands for very specific tasks.
But what if we could develop robots that were a more natural extension of us and that could actually do whatever we are thinking?
A team from MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) and Boston University is working on this problem, creating a feedback system that lets people correct robot mistakes instantly with nothing more than their brains. Cont'd...
Table tennis playing robot breaks world record - Japan Tour
Developed by Omron Corporation, FORPHEUS (Future Omron Robotics Technology for Exploring Possibility of Harmonized aUtomation with Sinic Theoretics) has officially been given the Guinness World Records title for being the First robot table tennis tutor for its unique technological intelligence and educational capabilities.
According to the project's lead developer Taku Oya, the goal of FORPHEUS was to harmonise humans and robots, by way of teaching the game of table tennis to human players.
ST Robotics Offers New Super-Fast Robot Arm
T he ST R17HS uses state-of-the-art brushless servomotors and boasts an effective reach of 750mm, a repeatability of 0.2 mm and a maximum speed after acceleration of 480 deg/sec in the robot's waist, elbow, hand and wrist, with a shoulder speed of 300 deg/sec.
"The R17HS is the result of years of development that puts us ahead of the field," said David Sands, President and CEO of ST Robotics. "Customers are finding it useful for high throughput production as well as testing applications requiring fast motion of test devices." Full Press Release:
Rise of Robots: Boon for Companies, Tax Headache for Lawmakers
Linda A. Thompson for Bloomberg News Agency: European lawmakers are grappling for answers to a question that until recently seemed like the stuff of science fiction: If robots take our jobs, who will pay taxes?
In an age of unprecedented technological change occurring at a faster rate than the Industrial Revolution, concerns over the growing robotization and automation of work have prompted fears about mass unemployment and plummeting tax revenue in the near future, pitting companies and robotics manufacturers against lawmakers and worker advocates.
The issue is taking on new urgency ahead of a Feb. 16 vote before the EU Parliament’s Legal Affairs Committee on whether to create a robotics agency to deliberate on tax and liability issues. Cont'd...
Raspberry Pi-powered arm: This kit aims to make robotics simple enough for kids
Nick Heath for TechRepublic: Think it's tricky to build and program a robot arm? Think again.
Powered by the Raspberry Pi, the MeArm Pi is a robot arm designed to be simple enough that kids aged 11+ can build and program it.
The lightweight plastic arm, which can pick up small objects such as Lego bricks, comes as a kit that keeps the number of screws to a minimum and is relatively straightforward to assemble using the included hex keys. It can be controlled via the Pi, either using joysticks attached to the included Pi HAT add-on board or by programming it from the Pi. Cont'd...
Rethink Robotics Releases Intera 5: A New Approach to Automation
Rethink Robotics announced Intera® 5, a first-of-its-kind software platform that connects everything from a single robot controller, extending the smart, flexible power of Rethink Robotics' Sawyer™ to the entire work cell and simplifying automation with unparalleled ease of deployment.
Built on the backbone of the industry's best train-by-demonstration software that powers the world's fastest-to-deploy robots, Intera 5 is paving the way for connected manufacturing environments and helping companies build factories of the future. Intera 5 fundamentally changes the need for integration, making it substantially easier and more affordable, allowing manufacturers to deploy full work cell automation in a matter of hours, not weeks.
Intera 5 is much more than the latest version of Rethink Robotics' software; it's a new way to approach automation that allows manufacturers to control the robots, orchestrate the work cell and collect data. Full Press Release:
Robotics-focused ETFs see big gains, Trump could hasten trend
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...
Microbots: Microsoft's multi-pronged robotics play takes shape
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...
Robotics, artificial intelligence, and 5G are at the heart of Theresa May's new industrial strategy
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...
Artificial fingertip that 'feels' wins international robotics competition
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...
CTRL The Robot. A modern industrial robot for the desktop.
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:
Robotics, Trump and Brexit turn up the heat amid the snow of Davos
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:
Robots: Legal Affairs Committee calls for EU-wide rules
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...
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Industrial Robotics - Featured Product
MiR200 - Autonomous Mobile Cobot
MiR200 is a safe, cost-effective mobile robot that automates your internal transportation. The robot optimizes workflows, freeing staff resources so you can increase productivity and reduce costs. MiR200 safely maneuvers around people and obstacles, through doorways and in and out of lifts. You can download CAD files of the building directly to the robot, or program it with the simple, web-based interface that requires no prior programming experience. With its fast implementation, the robots offers a fast ROI, with payback in as little as a year.
