Robots becoming more capable and pervasive, disrupting industries and beginning to enter consumer markets
Definition
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- Intelligent automated machines and systems that perform work autonomously or alongside humans
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Outlook
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- Increased penetration of robots in industrial markets, replacing humans in performing low-skilled functions and assisting people to perform more complex tasks
- Enhanced sophistication of personal robots, including those equipped with facial recognition and tracking capabilities, interactive voice systems and basic emotion engines
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Implications
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- Enabling work process automation, driving human workers to focus on higher-value, non-repetitive activities
- Threatening existing businesses and geographies that rely heavily on non-automated processes
- Enabling return of manufacturing from low-cost to highly-skilled regions
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Where might there be opportunities to replace or augment repetitive work in your business, redeploying teams to focus on higher-value activities?