Surprisingly, in a humanoid robot, the brain is the cheapest part. Artificial intelligence is what suddenly made human-shaped machines more than a comedy shtick or a Jetsons joke, yet by Bank of America’s estimate the computer that runs one, together with its cameras and sensors, will account for only about Read more
We’ve commented a few times in recent letters on one of the pandemic’s most noteworthy effects: what’s come to be known as “the Great Resignation.” It’s visible economy-wide, as it includes both early retirements and reassessment of family lifestyles — care for children and elderly relatives. It is making geographic Read more
We mentioned above the robotics companies could be key beneficiaries of accelerated capex spending made by U.S. corporates flush with cash from bond and equity raises last year. A Bain Capital reports notes that between now and 2030, American companies are expected to invest some $10 trillion into automation. The Read more
Here’s a new entry in the “robot apocalypse” file (though with lots of alternate happy endings). We recently read in the Proceedings of the National Academy of Sciences about a team of researchers from Tufts, Harvard, and the University of Vermont who successfully created microscopic biological machines, entirely out of Read more
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