In October 2017, Sophia, created by Hanson Robotics using robotics and artificial intelligence, made waves in the news as the first robot to receive citizenship in the world.
Since its activiation, Sophia had appeared in guest appearances and interviews, including on CBS 60 Minutes, The Tonight Show, and the cover of ELLE Magazine Brasil. With over 50 different facial expressions, Sophia is capable of natural conversations – and hopefully more – keeping company for the elderly or assisting with crowd management at large events or parks.
Sophia is one instance of investment focusing on social robots.
Global Robotics Market
“Industrial and commercial robots account for half of all investment, driven predominately by autonomous mobile robot and healthcare robotics systems”, according to ABI research at the Singapore International Robo Expo 2018 (SIRE 2018, 1st – 2nd Nov 2018, Marina Bay Sands Convention Centre). There are also “opportunities in agriculture, construction and mining”.
“The global robotics market is expected to reach USD 50 billion in total revenues in 2018, inclusive of hardware, software and services. By 2021 the market will nearly double reaching USD 90 billion.”, ABI Research elaborated.
“This is all very disruptive but also very exciting, as disruptive innovations bring with them opportunities for growth”, said Mr Leck Chet Lam, Managing Director, Experia Events, at co-organiser of SIRE 2018…Click here to read full article.
