Daniela Rus is in the news—a lot. In September, she was named the winner of the MassTLC Innovation Catalyst Award, an honor bestowed on individuals who are making an “exceptional impact on the Massachusetts technology ecosystem.” (She will be recognized at a celebration at Fenway Park on November 6.) Last week, she was selected to serve on the Board of Trustees of the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI)—the first graduate-level, research-based AI university i...Learn More
By Henrik Christensen, PhD, Qualcomm Chancellor’s Chair in Robot Systems, Director Contextual Robotics, UC San Diego; ROBO Global Strategic Advisor For years, the hype around artificial intelligence (AI) in the workplace has centered around one thing: the potential impact on the human workforce. But as AI evolves and organizations continue to discover new ways to apply the power of AI in nearly every facet of industry, perceptions are quickly shifting away from viewing AI as a threat ...Learn More
By lllah R. Nourbakhsh, PhD Applying AI in the real world is no simple task. While artificial intelligence has much to offer, it is the responsibility of engineers, computer scientists, and technologists to create AI systems that operate in symbiotic synchronicity with human beings. And yet, all too often, AI is seen as the silver-bullet solution to nearly every problem—from cutting manufacturing costs, to guaranteeing same-day delivery, to curing cancer. But in our rush to deliver on AI’...Learn More
Dan Robbins died on April Fools’ Day this year at the age of 93. It seemed somewhat appropriate for the creator of that once favorite American hobby: paint-by-numbers. Robbins came up with the idea back in the 1940s after learning that Leonardo da Vinci had numbered the sections of his canvases to instruct his apprentices where to paint a certain color. The result was a simple, plug-and-play method that allowed even those of us without a creative bone in our bodies to “paint” like an arti...Learn More
Just six years ago, ROBO Global was a lonely voice in the world of robotics investing. While many saw robotics, automation, and AI (RAAI) as an exciting theme, almost everyone was quick to recognize the momentous challenge of making sense of this fractured and almost completely unstructured space. Who were the real front-runners? Who were the emerging players? How would the theme unfold in the years to come? It was obvious that with so many moving parts, the answers to these key questions were c...Learn More
Something funny happened on Wall Street this week, but almost no one is laughing. After seeming to prove that it was nearly impervious to any threat, the market suddenly—and dramatically—moved south. We won’t include the numbers here; every investor knows not just the impact on the major indices, but how that shift has impacted your personal holdings. And yet, for any investor who is in this game for the long haul, lower prices are nothing but a pleasant surprise. That’s especially true ...Learn More
By Raffaello D’Andrea, PhD Every day, the unique abilities of drones are being applied in amazing new ways: To help battle this year’s epidemic of wildfires, the California National Guard is using drones to capture images through the smoke and map fire behavior in real time. Last week, WakeMed Health & Hospitals began testing drones to deliver critical medical supplies between buildings at its multi-acre campus in Raleigh, NC. Spurred by drone delivery programs at Amazon, G...Learn More
Common business sense says that rising competition is one surefire way to know you’re on to something good. Clearly, ROBO Global’s approach to investing in robotics and AI has been validated—in spades! In the past 24 months, more than 10 new ETFs have come onto the market in an attempt to generate returns by investing in robotics and automation. With the heightened competition, however, come questions. How should investors sift through the noise? What should investors be looking into when ...Learn More
At the 2018 Automatica Fair in Munich, the International Federation for Robotics (IFR) presented a preview of the annual sales statistics for the robotics sector at the CEO roundtable. The final statistics will be published by IFR in cooperation with VDMA in October. The preliminary numbers are interesting in many ways. First of all the sales of robots increased by 29% year-over-year during 2017. The total number of shipped robots went up to 381 thousand units, of which 2/3 are sold in Asia. ...Learn More
We're thrilled to announce the strengthening and growing expertise of our advisory board with the addition of Daniela Rus, Ph.D., Professor and Director of CSAIL (Computer Science and Artificial Intelligence Laboratory) at MIT, one of the largest AI departments in the U.S. In addition to 30 years of experience as a professor, Rus’ leadership in research, innovation, and education has won her the prestigious Engelberger Award. The third ROBO Global advisory board member to obtain the award,...Learn More
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