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    Humanoid Robots - Sooner Than You Might Think

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    Shahnaz Seyid-zada
    Approximately $6 billion will be spent in the next 10-15 years to produce people-sized humanoid robots, which could fill 4% of the US manufacturing labor shortage and 2% of global elderly care demand by 2030. However, current humanoid robots can only operate for 1-2 hours before needing to recharge, and none can perform both mobility and cognitive tasks. But breakthroughs in areas like processing power, sensors, and navigation could allow humanoid robots to become smarter than self-driving cars by 2025 and used in consumer applications by 2030-2035, according to Goldman Sachs, though challenges like training

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    Humanoid Robots - Sooner Than You Might Think

    Uploaded by

    Shahnaz Seyid-zada
    25 views7 pages
    Approximately $6 billion will be spent in the next 10-15 years to produce people-sized humanoid robots, which could fill 4% of the US manufacturing labor shortage and 2% of global elderly care demand by 2030. However, current humanoid robots can only operate for 1-2 hours before needing to recharge, and none can perform both mobility and cognitive tasks. But breakthroughs in areas like processing power, sensors, and navigation could allow humanoid robots to become smarter than self-driving cars by 2025 and used in consumer applications by 2030-2035, according to Goldman Sachs, though challenges like training

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    Humanoid Robots- Sooner Than You Might Think

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    Approximately $6 billion will be spent in the next 10-15 years to produce people-sized humanoid robots, which could fill 4% of the US manufacturing labor shortage and 2% of global elderly care demand by 2030. However, current humanoid robots can only operate for 1-2 hours before needing to recharge, and none can perform both mobility and cognitive tasks. But breakthroughs in areas like processing power, sensors, and navigation could allow humanoid robots to become smarter than self-driving cars by 2025 and used in consumer applications by 2030-2035, according to Goldman Sachs, though challenges like training

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    25 views7 pages

    Humanoid Robots - Sooner Than You Might Think

    Uploaded by

    Shahnaz Seyid-zada
    Approximately $6 billion will be spent in the next 10-15 years to produce people-sized humanoid robots, which could fill 4% of the US manufacturing labor shortage and 2% of global elderly care demand by 2030. However, current humanoid robots can only operate for 1-2 hours before needing to recharge, and none can perform both mobility and cognitive tasks. But breakthroughs in areas like processing power, sensors, and navigation could allow humanoid robots to become smarter than self-driving cars by 2025 and used in consumer applications by 2030-2035, according to Goldman Sachs, though challenges like training

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 7

    Humanoid Robots:

    Sooner Than You Might Think


    | Shahnaz Seyid-zada – 61543 | GR 2102 |
    As robots begin to move from the factory floor into our
    homes and workplaces, they are making their first
    tentative steps. Approximately $6 billion (or more) in
    people-sized and shaped robots can potentially be
    produced in the next 10 to 15 years, according to
    Goldman Sachs Research. By 2030, such a market
    could fill 4% of the labor shortage in US manufacturing
    and 2% of global elderly care demand.
    Future labor shortages open the
    door to robotic workers

    However, there are still some obstacles to overcome:


    Humanoid robots can only last about one or two hours
    without recharging. Research shows that some humanoid
    robots are able to perform mobility and agility tasks, while
    others are capable of handling cognitive and intellectual
    tasks – but none of them can perform both.
    Self-driving vehicles may be one of the most advanced
    robot-like technologies on the market today, but a humanoid
    robot would have to be much smarter and more capable
    than that.
    However, humanoid robots could become smarter and less expensive than
    electric vehicles by 2025, and in consumer applications by 2030 to 2035,
    Goldman Sachs suggests. There are several assumptions that support that
    outlook, and the Goldman Sachs Research report details the multiple
    breakthroughs that must occur.

    Ideally, humanoid robots would be able to keep working for


    20 hours before recharging - or recharging for one hour
    and working for four to five hours, then repeat).

    It would be necessary for such robots to increase their


    mobility and agility incrementally, as well as their processing
    abilities. Additionally, depth cameras, force feedback, visual
    and voice sensors, and other aspects of the robot's senses
    will need to be improved incrementally.
    Moreover, computations will need to be improved
    so robots can avoid obstacles, find the shortest
    path to a task, and understand questions.

    Once humanoid robots begin working, training


    and refining their abilities will be more
    challenging. There is a possibility that this process
    could take upwards of a year.

    In addition, robot makers must achieve 15-20%


    cost reductions per year in order to pay back the
    humanoid robot within two years.
    There is precedent for overcoming those difficulties.
    Cobots - collaborative robots - are now regularly used
    in industrial settings, such as auto plants, which
    provided the basis for the report. In the seven to ten
    years between their first commercial versions and
    batch sales, these robots faced significant skepticism,
    much like humanoid robots today.
    And like today's cobots, they had much to learn in
    terms of dexterity and responsiveness. Today, they are
    commonplace in certain industrial applications, and
    humanoid robots could find a place as well.
    It would be far more challenging in a household setting.
    According to the report, consumer household
    applications are significantly harder to design due to
    the variety of scenarios, objects identified, navigation
    systems, etc. That's ignoring how ordinary people react
    to humanoid robots.
    Thanks for Your Attention!

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