The Rise of Generalist Robots
Sudhir Kadam
Venture Building, Business Innovation & GTM | Startup Boards | Program Host: Incubation-Acceleration-Growth | Exit Strategy Advisor | Keynote Speaker | EMBA Guest Speaker
The field of robotics has seen tremendous advancements in recent years, but for a long time, robotics innovation had somewhat plateaued. This was mainly due to the fact that creating robots required heavy investments, and they were primarily designed for specific tasks. However, multimodal AI models are changing all that to drive robotics evolution into generalist areas of application. These AI models can turn general-purpose robots into multipurpose applications, requiring no-code and just verbal or gesture training, making it easier to program robots to perform complex tasks. This new approach is opening up many new entrepreneurial opportunities, and it's changing the face of robotics as we know it.
The Emergence and Commoditization
As the name suggests, generalist robots are designed to perform a wide range of tasks, and they can be programmed to do so without requiring significant investment. This makes them accessible to many businesses that were previously priced out of the robotics market. As robotics technology has advanced, robots have become more versatile and capable of performing a wider range of tasks. The new generation of generalist robots is versatile and can perform tasks that were not possible with the previous generations of robots. They can combine human operations in ways that could not be done earlier, apart from automating repetitive and dangerous tasks.
Generalist robots will soon become commoditized, making it possible to deploy them at a low cost. And the standardization of platforms and interfaces will make it easier for developers to build these semi-autonomous robots, and integrate them seamlessly into the application workflow, and even make them work in unstructured environments with tele-operations.
Impact on the Workplace
Generalist robots in the workplace have the potential to significantly change the way businesses operate. For example, they will eliminate the need for prime property locations. It will be possible for businesses to replicate robotized workplaces in different locations without requiring expensive real estate. This can also change business models. For example, in agriculture, robotized food processing factories can be closer to the place of produce. Similarly, for consumer goods, robotized factories can be closer to the place of consumption.
A robotized workplace could enable more remote work and telecommuting, as robots can perform tasks remotely and communicate with humans through digital interfaces. This could enable businesses to expand their geographic reach and access a wider pool of talent. Will this lead to job displacement? Yes, the way we feared the arrival of computers, because it will not only create new jobs to train, manage, and maintain the robots but also a new breed of jobs unimagined yet. Unlike complex manufacturing robots, generalist robots are primarily collaborative robots (Cobots), designed to work alongside humans in a variety of settings, thus supporting the operation by making it less error-prone and taking fatigue out of the human effort to enhance quality and productivity.
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Impact on Agriculture and Food Processing
One of the major areas where generalist robots will have a significant impact is in agriculture and food processing. The labor shortage will take the applications of these generalist robots beyond manufacturing and warehousing to food making and serving, assistive care, cleaning, and recycling services. Generalist robots can assist in planting, harvesting, and sorting crops. They can also be used in food processing, such as cutting and peeling fruits and vegetables. These tasks can be done faster and more efficiently than humans can, leading to increased productivity and reduced costs.
Investment Trends
According to market projections, the global robotics market is expected to experience a significant growth rate of 22.8% from 2021 to 2030, with an estimated value of $214.68 billion. Traditionally, investments in the robotics industry have focused on complex robotic solutions, however, there is a shift occurring with an increased investment in simplified and reprogrammable robots.
Conclusion
The evolution of robotics into generalist areas of application is a game-changer. It is making robots more accessible and affordable for businesses of all sizes. Generalist robots will soon become commoditized, making it possible to deploy them at a low cost. They will significantly impact the way businesses operate today. While there will undoubtedly be challenges associated with the adoption of generalist robots in the workplace, such as job displacement, these challenges can be addressed through a combination of training, reskilling, and upskilling programs. Additionally, the deployment of generalist robots will create new jobs in areas such as robotics training, management, and maintenance.
In conclusion, the evolution of generalist robots has the potential to transform the workplace and bring many benefits to businesses and workers alike. With their increasing affordability and versatility, generalist robots will become more common in a wide range of industries, from manufacturing and warehousing to food processing, healthcare, and beyond. As these robots become more widely adopted, they will drive increased productivity, efficiency, and innovation, paving the way for a more prosperous and sustainable future.
CEO at Eternity Systems | Making Technology Work for You in CRM and Digital Spaces
1 年Great article Sudhir Kadam ji. There is always something new to learn through your articles, posts/shares, lectures, ppts etc.
B2B Sales & Business Development
1 年Amazing, waiting to read such articles back to back from you Sir ??