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  • [New] The medical robotic market will make the most profit and will surpass the current market of US $ 16 billion by the end of 2026. Supanet
  • [New] Component manufacturers working to expand market share should focus more on the open market opportunities offered by the burgeoning collaborative robot market where revenues are expected to exceed $1.1 billion by 2025, surpassing even the $865 million in revenues derived from SCARA robots. Robotics Business Review
  • [New] The technology, which will be installed in DENSO robots, is a technology for force feedback, which is becoming more and more important in the practical use of robotics. Tech Xplore
  • [New] Oxagon is being touted as the world first fully automated port and integrated logistics hub that will make use of robots and AI. FutureIoT
  • [New] North America is expected to dominate the global agricultural robots market holding the highest market share, owing to higher adoption of advanced technology, increase in research and development activities, and high per-capita disposable income. Yahoo Finance
  • [New] Examples of emerging technologies that could change the way Australians work and live include artificial intelligence and robotics. The Conversation
  • [New] Over the next five years, ABB says it will integrate and install over 1,000 moulded fibre manufacturing cells, including up to 2,000 robots, at Zume's global customer sites. Packaging Europe
  • [New] Robots powered by artificial intelligence will ultimately be able to do the majority of the work at Nissan's intelligent factory near Tokyo. The National Law Review
  • [New] ABB will integrate and install more than 1,000 molded fiber manufacturing cells - including up to 2,000 robots at Zume customer's sites worldwide over the next five years. asdreports
  • [New] ABB will supply robotic cells that will enable Zume's production of sustainable packaging on a worldwide scale, helping to reduce reliance on single-use plastics. asdreports
  • [New] The industrial robots market, in which ABB is a leader, will grow faster over the next decade, which can only mean more good news for the Zurich-headquartered company. Verdict
  • [New] The AI robots market is expected to grow from US$ 6.9 billion in 2021 to US$ 35.3 billion by 2026; it is expected to grow at a CAGR of 38.6% during the forecast period.
  • [New] The global robotics market is expected to grow at a compound annual growth rate of 13.5% between 2020 and 2027 to reach US$ 189.36 billion. Investing News Network
  • [New] 50% of jobs could be replaced by automation and robots with artificial intelligence by 2030. saultonline
  • [New] In an effort to help people get back on top of things financially, Los Angeles has announced a new universal basic income (UBI) program that will give 3,000 random citizens living in poverty $1,000 per month for 2022. The Tatum Report
  • [New] Some critics are unsure how plausible implementing a universal basic income would be in South Korea, with some economists telling the Financial Times that guaranteed monthly payments would produce a steroid effect, but might not help root out economic inequality in the long-term. Business Insider Australia
  • [New] South Korea could become the first Asian country to implement universal basic income if the Democratic presidential candidate wins the upcoming election. Business Insider Australia
  • [New] In 2050, a new social security system including a universal basic income may be implemented. designboom | architecture & design magazine
  • [New] Five thousand residents in Wales could take part in a two-year trial of Universal Basic Income, meaning they would receive regular and unconditional cash payments. ITV News
  • [New] Usage-based Insurance (UBI) Market size is set to surpass USD 125 billion by 2027; according to a new research report by Global Market Insights, Inc. Global Market Insights, Inc.
  • [New] A recent report from the Parliamentary Budget Officer stated that a UBI could slash poverty rates by almost half in one year, but would cost $85 billion in 2021-22 and keep rising over the following years. CTVNews

Last updated: 05 December 2021