Use of Robotics in Various Fields

Robotics in Various Fields

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Use of Robotics in Various Fields

Use of Robotics in Various Fields

Tahreem Jamadar | April 02, 2020

Use of Robotics in Various Fields

Robotics in Agriculture, Robotics in Military, Robotics in Medical Science, Robotics in Space Exploration, Robotics in Manufacturing

1. Robotics in Agriculture:
The use of robots in agriculture reduces the heavy-duty tasks which were, previously done by the farmers. Their role is to carry out labor-intensive tasks and pick out sensitive fruits and vegetables such as strawberries and lettuce.

· It is used for time-saving purposes.
· It helps in making the farmer’s work easy by cutting down on manpower.
· Different types of robots have been in use for different purposes. For seeding, harvesting, chemical application.
· Robots help in identifying the problematic crops and spraying chemicals on them. It reduces the labor of the farmer.

2. Robotics in Military:
Robotics in warfare has helped people to combat challenging tasks easily. Robots help in rescue operations resulting in fewer casualties.

· It is used in Combat support application for anti-submarine operations
· It is used in laying mines, fire support, electronic warfare, strike missions, etc.
· It is intended to save human lives as much as possible by performing as defense robots
· Safely respond to all kinds of threats inclusive of natural disasters.

3. Robotics in Medical Science:
With the accommodation of robotics in the medical sector, things have changed drastically. Surgeries have become more precise, drawing blood & carrying around racks have become at ease. With remote-controlled medical robots, caretakers can interact with their patients, giving them more time and attention. Medical tests are conducted in the labs with the help of robots.

· It is used in surgeries, helps in assisting operations.
· It helps in giving more attention to patients.
· It helps in performing accurate surgeries and transporting dangerous substances.
· It ensures a safe work environment.

4. Robotics in Space Exploration:
Robots support or replace human beings to carry out challenging tasks. Tasks that are too dangerous or even impossible for the reach of the astronauts are accomplished by robots. They don’t need rest or any food or energy, hence making it more efficient.

· It is used in providing information to flight controllers.
· It helps astronauts with routine tasks.
· They also capture videos and pictures used in research.
· They collect samples for research and assemble structures.

5. Robotics in Manufacturing:
In the manufacturing sector, robots are used for three purposes. (a) material handling (b) processing operation (c ) assembly and inspection. All these purposes are fulfilled by different kinds of robots ranging from big to small. Every aspect is taken care of in an industrial unit as there are automated robots for every task.

· Robotics in manufacturing helps the workers to cut down their labor costs.
· They help in improving the overall efficiency of the manufacturing process.
· Robots don’t get tired and can work continuously meeting the quality requirements as compared to humans.
· It increases productivity and profitability.

6. Robotics in Rescue Operations:
Disasters like floods and hurricanes can complicate situations and can be very tough for rescue operations. Robots come in handy in these times as they help in bringing food and help to the victims. Drones are used during wildfires when things get out of control. Different types of robots are made to tackle situations like earthquakes and sandstorms. Snake-like robots work perfectly during earthquakes as they can detect people under debris.

· Robots in rescue operations help in rescuing humans during a disaster.
· It helps in providing aids, medical treatments, and evacuating casualties.
· They can fit into places where humans cannot.
· It helps in saving more lives of people by helping firemen and policemen.

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Thematic Investing: Intersection of Robotics and AI

Thematic Investing: Intersection of Robotics and AI

Thematic Investing: Intersection of Robotics and AI

Thematic Investing: Intersection of Robotics and AI

Kiran Verma | November 23, 2019

Q1) What do you mean by Thematic Investing? 

Thematic Investing: Intersection of Robotics and AI  Thematic investing is a form of investment which aims to identify macro-level trends, and the underlying investments that stand to benefit from the materialisation of those trends. 

Q2) What are included in Thematic Investing? 

Some core areas include: 

  • Environmentalism and environmental technology 
  • Changing demographics and technology 
  • Marijuana production 
  • Gaming 
  • Cyber security 
  • Artificial intelligence 
  • Robotics and automation 
  • Healthcare 
  • Nutrition 
  • Biotechnology 
  • Infrastructure 
  • Water distribution 
  • Scarce natural resources 
  • Luxury brands

Thematic Investing can be compared with other forms of investments. Thematic funds tends to cover a variety of sectors and chooses the company accordingly.  

Thematic investing allows to create a portfolio by gathering together a collection of companies involved in certain areas while generating market returns over the long term. It can be based on themes like sub sectors as robotics. 

Thematic investing is placing Robotics and AI at the top priority. It will be a high time that the investors should consider it and took a note of the immense opportunity ahead. Whereby AI is increasing and expanding robot capabilities in certain emerging areas.  

A subfield of machine learning, deep learning uses algorithms that strive to minimise the deep neural networks of the human brain. It’s a process that is helping to address one of the most difficult and necessary areas in robotics: machine vision. 

The current innovations in AI, simulators, and computing hardware is creating a massive wave of change. The scope is of faster AI that will rapidly accelerate the cognitive capabilities of robots. That change will expand their competence, grow the reach of their applications, and amplify their impact on every aspect of lives.

Q3) What are the Reasons to invest in Robotics and Artificial Intelligence? 

Reasons to invest in Robotics: 

  • Reduced operating costs 
  • Improved product quality 
  • Improved quality of work for employees 
  • Increased production output 
  • Reduced wastage 
  • Improved safety 
  • Reduced labour turnover and recruitment difficulty 
  • Reduced capital cost 
  • Save space 

 Following are the reasons to invest in Artificial Intelligence: 

  • Error Reduction 
  • Difficulty Exploration 
  • Daily Application 
  • Digital Assistants 
  • Repetitive Jobs 
  • Medical Applications 
  • No Breaks 

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