By 2027, that ratio is expected to increase to 43% of tasks completed by machines and 57% by humans.
"On the one hand, yes, it's scary to envision a world in which almost no job is safe from automation or from robotics.
The annual installation of industrial robots is expected to grow by about 30%, from 553,000 installations in 2022 to 718,000 in 2026.
Themes ETF launched its version of a robotics-focused ETF called Themes Robotics and Automation ETF (BOTT) on Monday.
Lincoln Electric Holdings (LECO)Toyota Industries (6201 JP)Esab Corp (ESAB)Nordson Corp (NDSN)Fortive Corp (FTV)Intel Corp (INTC)Konecranes Oyj (KCR FH)Microchip Technology (MCHP)Silicon Motion Technology (SIMO)Semtech Corp (SMTC )
Persons:
Taylor Krystkowiak, Krystkowiak, Konecranes, SIMO, Semtech
Organizations:
Boston Dynamics, Business, International Federation of Robotics, Automation, Lincoln Electric Holdings, Toyota Industries, Esab, Nordson, Fortive, Intel Corp, Technology, Motion Technology
Locations:
Medicine, guesswork