The meeting featured a Tech Talk by Fletcher Tech, where Joe Locandro interviewed Doctor Minas from Auckland University, who is also the CTO of Aquino.
The discussion focused on the future of robotics, covering the differences between traditional automation and robotics, the impact of AI on robotics, global worker shortages, the future of robotics in factories, and potential cultural resistance to the adoption of robots.
Key Takeaways:
- Difference Between Robotics and Automation: Traditional automation involves fixed processes, while robotics allows for flexibility and human-like dexterity.
- AI and Robotics: AI is not yet ready to empower robots to interact with the physical world as dexterously as humans due to the complexity of simulating physical interactions.
- Global Worker Shortages: Significant global worker shortages projected by 2030, has potential unrealized revenue of around $10 trillion. Robotics and automation can address these gaps.
- Future of Robotics in Factories: The current penetration of robotics in factories is only 5%. Increasing this to 10-20% could significantly change economies and unlock a trillion-dollar opportunity.
- Cultural Resistance to Robotics: There will be cultural resistance to the adoption of robots, but emphasized that AI can automate boring, dangerous, and repetitive tasks, allowing humans to focus on more fulfilling activities.
