11 Feb, 2019 image
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Thoughts on AI: Some High-Probability Predictions on a Very Uncertain Future

Guest post by J.H. Cullum Clark, Director, Bush Institute-SMU Economic Growth Initiative and an Adjunct Professor of Economics at SMU   While it’s impossible to be certain about what artificial intelligence (AI) will mean for our economic future, history offers hints for what it may hold. Will AI cause mass unemployment? No. New technologies have always enabled the economy to produce existing products with fewer workers, freeing up people’s resources for new products and...

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6 Feb, 2019 image
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Robotics & AI Takeover the 2019 Superbowl Commercials

Artificial intelligence, virtual assistants, and humanoid robots took over the Superbowl this year in what seemed like a bot per commercial break. People certainly took notice in both the living space and the digital realm with commentary on the undeniable trend. These spots combined have racked up over 50 million views on Youtube alone - Amazon's attributing for 38 million of that thanks to its impressive celebrity lineup. From Pringle-lusting to beer-loving, it’s safe to say that brands ...

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12 Dec, 2018 image
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Scared to eat that lettuce? Robots & AI are coming to the rescue

2018 has been quite a year for food-borne illnesses. What’s even more disturbing than the sharp rise in food safety investigations (the CDC has investigated a shocking 22 food safety investigations to date) is the fact that food safety could have—and, yes, should have—been dramatically improved with the help of the newest advancements in robotics, automation, and AI (RAAI). In an age when technology is better skilled than ever to improve food safety and keep us healthy, having more invest...

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12 Nov, 2018 image
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The Story Nobody’s Telling About Our Robot Future

Bring on the robots... That’s the message from today’s Inner Circle expert. Once the realm of sci-fi movies, robots are now finding their way into every American industry. From brick-laying robots that build a house in a day to robotic brain surgeons that operate with sub-millimeter accuracy, robotic technologies will revolutionize our world the way the internet did nearly 20 years ago. And here’s the kicker… Rather than destroying jobs, robots will add millions of jobs and create tri...

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30 Oct, 2018 image
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In robotics & AI, now is the time to dive in and buy the weakness

The market may have taken a turn, but in the world of robotics and AI, the future remains glaringly bright. That’s great news for those already invested in what has been called the greatest investment opportunity of our generation. It may be even better news for investors who have been sitting on the sidelines waiting for the ideal time to dive in. Of course, even though it was widely anticipated, the latest dramatic dip in the market could easily cause even the most dedicated, long-term in...

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13 Jul, 2018 image
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In today’s trade war, robotics, automation, and AI may be the only winners

You’ve heard it over and over again: No one wins in a trade war. As the trade war between the US and China continues to escalate, the tariffs and barriers on imported products threaten to slow business activity, create supply chain friction, and dampen international trade—not only between the two countries themselves, but around the globe. So, in a general sense, it’s true. No one wins a trade war. But robotics, automation, and AI—or RAAI—is notorious for breaking the rules. And whe...

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11 Jul, 2018 image
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Robotics Fundings, Acquisitions and IPOs: June 2018

Twenty-seven startups raised money in June to the tune of $2.1 billion, another great month for robotics fundings! Also during June there were ten acquisitions and two IPOs. See below for details. The top robotics fundings were: Rockwell (NYSE:ROK) made a $1 billion equity investment in PTC (NASDAQ:PTC), an automation control software provider to government and industry. Google (NASDAQ:GOOG) is investing $500 million in JD (JingDong) (NASDAQ:JD), the Chinese equivalent to Amazon...

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8 Jun, 2018 image
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Robotics Fundings, Acquisitions and IPOs: May 2018

By: Strategic Advisor Frank Tobe of The Robot Report Twenty-seven startups were funded in May for a total of $2.5 billion. The top five were: Cruise Holdings announced a two-phase funding by SoftBank Vision Fund totaling $2.25 billion. $900 million will be funded right away. Future funding of $1.35 billion is contingent on two things: regulatory approval and at the time when Cruise AVs are ready for commercial deployment. At that time GM will also invest another $1.1 billion thereby pro...

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2 May, 2018 image
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Robotics Fundings, Acquisitions and IPOs: April 2018

By: Frank Tobe, ROBO Global Strategic Advisor & editor of The Robot Report Twenty startups were funded in April 2018. Fifteen disclosed transaction amounts totaling $808 million of which the $600 million to SenseTime, the Alibaba-funded Chinese deep learning and facial recognition software provider focused on smart self-driving vehicle systems, was by far the largest. Year to date, fundings total $2.3 billion! Seven acquisitions also occurred in April. The most notable was the acquisitio...

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26 Apr, 2018 image
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Self-driving car manufacturers are building the world’s most experienced drivers—but it won’t happen overnight

Who doesn’t remember that first time behind the wheel of a car? As a teenager growing up in Minnesota, for me, driving meant one thing: freedom. And that, for the first time ever, I could go wherever I wanted, whenever I wanted, on my own. And, oh man, it was easy. At 16, life was all about me and the open road. Of course, that was more years ago than I like to admit. Today, my daughter isn’t nearly as enthusiastic about driving. Like most of her friends, she is more than happy to rely on...

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