2023 | Consumer Robot Market Worth $15bn (Up from $5bn in 2018) Ten years ago, Amazon introduced the Kindle and established the appeal of reading on a digital device. Four years ago, Jeff Bezos and company rolled out the Echo, prompting millions of people to start talking to a computer. Now Amazon.com Inc. is working on another big bet: robots for the home. The retail and cloud computing giant has embarked on an ambitious, top-secret plan to build a domestic robot, according to people familiar with the plans. Codenamed “Vesta,” after the Roman goddess of the hearth, home and family, the project is overseen by Gregg Zehr, who runs Amazon’s Lab126 hardware research and development division based in Sunnyvale, California. Lab126 is responsible for Amazon devices such as the Echo speakers, Fire TV set-top-boxes, Fire tablets and the ill-fated Fire Phone.
The Vesta project originated a few years ago, but this year Amazon began to aggressively ramp up hiring. An Amazon spokesperson said the company doesn’t comment on “rumors and speculation.” 2025 | Commercial Robotics Market Worth $23 billion. 2028 | 2nd of the 3 Automation Waves Ripples Through Global Economy. A report released yesterday by PwC says the near future of automation technologies will arrive in three phases. The report calls them “waves” and maps out how they’ll wash over us: 1. A flood of algorithms. Already, data analysis and simple digital tasks are becoming the purview of machines. 2. Augmentation inundation. Into the late 2020s, repeatable tasks and the exchange of information, as in financial data analysis, will come to be done by humans and automated systems working together. 3.
Job impact: Focusing on the UK job market, PwC economists predict that up to 30 percent of existing jobs could be affected by the mid-2030s, with a focus on transportation, manufacturing, and retail positions. A gender divide: The study suggests that women will initially be impacted more heavily by the rise of automation, while men are more likely to feel the effects in the third wave. 2030 | 'Base-Level' Jobs Rare as Robots & Smart Systems Take Over. By the year 2030, artificial intelligence (A.I.) will have changed the way we travel to work and to parties, how we take care of our health and how our kids are educated. That’s the consensus from a panel of academic and technology experts taking part in Stanford University’s One Hundred Year Study on Artificial Intelligence.
Focused on trying to foresee the advances coming to A.I., as well as the ethical challenges they’ll bring, the panel yesterday released its first study. The 28,000-word report, “Artificial Intelligence and Life in 2030,” looks at eight categories -- from employment to healthcare, security, entertainment, education, service robots, transportation and poor communities -- and tries to predict how smart technologies will affect urban life. Late in 2014, Stanford researchers launched their One Hundred Year Study on Artificial Intelligence, or AI100. “Until now, most of what is known about A.I. comes from science fiction books and movies,” Stone said.