Robots

• [New] Drones and related technologies are projected to actually create 100,000 new jobs in the United States alone by 2025.
• [New] Several outlets are reporting that the focus for automotive companies, at least in the consumer sector, will be more on electric vehicles than autonomous vehicles at CES 2021.
• [New] Hyundai Motor Group will apply Level 3 autonomous driving technology to mass production models in 2022 and push for commercialization projects for autonomous driving technologies such as robotaxi services in 2023.
• [New] Starting in 2022, the FAA's Remote ID requirement will necessitate every drone sold in the U.S. that weighs more than 0.55 pounds to come with a way to broadcast its location and identification to local authorities or a digital license plate for drones.
• [New] If you take the case of the U.S., where there are at least 700,000 bridges currently in use, saving that much money for a drone bridge inspection every two years could mean a total savings of $10.2 billion - every two years.
• A nearly 48% growth for AI tools in education over the next three years, and a recent McKinsey & Company report suggested that up to 40% of teacher tasks like grading and lesson planning could soon be outsourced to technology.
• The central government has reaffirmed a goal to adopt highly autonomous cars on a massive scale by 2025 in its finalized blueprint (in Chinese) for intelligent and electric vehicles released late October.
• DJI made a solid case that it does not pose a national security risk to the United States through multiple US-government initiated third-party audits that found that DJI drones do not collect data.
• AFRL is running a separate project, dubbed R2-D2, to develop an autonomous drone using AI-driven systems that is expected to square off against a human pilot in a fighter jet by 2024.
• In 2016, the IFR predicted 10% growth for professional service robotics over the next few years from $4.6 Billion, but by 2018 they were recording 61% growth to $12.6 B and by 2020 the IFR has recorded 85% overall growth expecting revenue from service robotics to hit $37 B by 2021.
• Hyundai Motor has shown growing interest in automated vehicle technology and robotics over the past years, and said it will invest up to 1.5 trillion won ($1.4 billion) in robotics by 2025.
• Tesla chief Elon Musk has saidhe expects his company to create a truly complete autonomous vehicle by 2020, and the number of vehicles capable of operating with a lesser degree of autonomy - such as automated braking and lane-changing - will become an increasingly common sight.
• FO packaging is expected to gain wider adoption as 5G, AI, and autonomous driving take flight in the coming years - and revenue stemming from FO packaging is expected to reach $2 B - $2.5 B by 2025.
• After Bayraktar TB-2 drones and Roketsan-manufactured smart munitions were paraded in Baku last week, higher-end Turkish systems can be expected to enter the Azerbaijani arsenal in the coming years.
• Tesla chief Elon Musk has said he expects his company to create a truly complete autonomous vehicle by 2020, such as autonomous braking system and autonomous lane-changing - will become an very common sight.
• By 2030, experts expect further breakthroughs in areas such as healthcare analytics, autonomous vehicles, and intelligent tutoring systems.
• Magna International expects strong growth for driver assistance systems and believes that fully autonomous cars will become a reality if controlled settings by 2025.
• A report released by McKinsey asserts that between 3.5-6.5 million full-time jobs will be displaced by automation by the year 2030, but that even more new and rewarding jobs will be created.
• In just three years from now the world will be populated by 29 billion smart connected devices, all capable of collecting and sharing data in real time and making smart, autonomous decisions.
• The business opportunity for connected vehicles is significant, with the global market expected to grow to over $212 billion by 2027.
• Starting from 2022, Hyundai plans to offer models equipped with level 3 autonomous driving technology.

Last updated: 10 January 2021