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BMW demonstrates new concepts for autonomous and electric cars at CES

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Klaus Frohlich at CES
Klaus Fröhlich, BMW’s head of development, at CES

lockBMW has showcased some of its concepts, ideas and developments for autonomous and electric cars at this year’s Consumer Electronics Show. 

The company says the projects incorporate “technically revolutionary innovations in automated driving, intelligent connectivity and interior design”.

BMW has committed itself to launching its iNext self-driving, electric and fully connected car by the year 2021. It already has the i3 electric car and the i8 plug-in hybrid sports car.  [Read more…] about BMW demonstrates new concepts for autonomous and electric cars at CES

Artificial intelligence systems replacing finance sector professionals

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ibm brain chip
IBM has developed what it says is a ‘brain-inspired’ chip

More and more people are realising that it’s not just factory jobs the robots are after – it’s your intellectual jobs too. 

In the latest developments, an insurance company in Japan has replaced 34 of its insurance claim workers with artificial intelligence systems.

And the world’s largest hedge fund says it will replace all its managers with AI systems – after it drains the brains of its human employees and distills their knowledge into an algorithm.

Full story at em360tech.com

Foxconn to replace all humans with robots

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Hon Hai Precision, better known as Foxconn, says it will replace all its human workers with robots, according to a report in Futurism.com. 

Quoting DigiTimes.com, Futurism says Foxconn has announced a three-part plan to fully automate its factories in the hope of achieving 30 per cent automation by 2020.

Foxconn currently has about 40,000 robots – or Foxbots – working in its factories. The company says it has the capacity to produce 10,000 Foxbots a year.  [Read more…] about Foxconn to replace all humans with robots

US manufacturing growing at ‘fastest rate in two years’

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robots

The US manufacturing sector is growing at the fastest rate it has in more than two years, according to calculations produced by the Institute for Supply Management and published in Forbes, among other media. 

The Manufacturing ISM Report on Business figures show December was the best month for manufacturers in 2016. More components and parts were ordered this month than previous ones.

The ISM report is a survey sent out to a “manufacturing committee”, and collating the responses revealed that “of the 18 manufacturing industries, 11 are reporting growth in December”, according to ISM.

The ISM adds: “Economic activity in the manufacturing sector expanded in December, and the overall economy grew for the 91st consecutive month.”

More details at ISM’s website

Faraday Future unveils electric car as Continental boss talks of job losses

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faraday future ff 91
The new electric vehicle from Faraday Future – the FF 91

The much-publicised electric car company, Faraday Future, revealed its new hybrid vehicle at the Consumer Electronics Show this week. 

The presentation was said to have had a slight glitch in that when the autonomous, self-parking technology was called on, it didn’t immediately answer.

The hiccup may have been unplanned for Faraday’s billionaire owner, Jia Yueting, especially as the company has invested a lot of money in developing autonomous technology, but with a total of $600 million backing the vehicle venture, there’s plenty of money to smooth out small problems.  [Read more…] about Faraday Future unveils electric car as Continental boss talks of job losses

Nortek Security ships 1 millionth Z-Wave home automation device

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nortek

Milestone covers broad portfolio of lighting, control and security devices, says company

Nortek Security & Control says it has passed the shipment of their 1 millionth Z-Wave smart home device under its GoControl brand.

Nrotek is a provider of smart home technologies with a wide range of products for lighting, control and security.

Nortek says its GoControl products are consistently listed as best sellers on Amazon.com and are also the products of choice by many security dealers. [Read more…] about Nortek Security ships 1 millionth Z-Wave home automation device

Amazon has 45,000 robots working in its warehouses

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Amazon, by far the world’s largest online retailer, bought Kiva Systems a few years back. 

At that time, Kiva was a small robotics company appreciated by logistics customers for its autonomous warehouse vehicles.

Now, repackaged as Amazon Robotics machines, those vehicles or their descendants are working in Amazon warehouses – and in very large numbers.  [Read more…] about Amazon has 45,000 robots working in its warehouses

Finland to give citizens universal basic income because of robot invasion

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finland

Finland is in danger of developing a reputation either as a nation of visionary ideas or one full of utopian communists. 

Not many years ago, the country’s leaders declared superfast access to the internet a human right – which is fair enough.

Now it’s giving away free money to a couple of thousand of its citizens in anticipation of robots taking over their jobs and making them redundant.  [Read more…] about Finland to give citizens universal basic income because of robot invasion

US gives Midea green light to buy Kuka

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US approves Midea takeover of Kuka. Reuters/Wolfgang Rattay
US approves Midea takeover of Kuka. Reuters/Wolfgang Rattay

Reuters

China’s Midea said it will complete its takeover of German robotics maker Kuka in the first half of January after the United States authorities gave the deal a green light.

Midea, which launched a €4.5 billion offer for Kuka in May, said Germany’s markets regulator had approved the settlement of the transaction, allowing it to control a 94.55 percent voting stake in Kuka from January onwards.

The bid for Kuka, a high-tech robotics manufacturer, sparked controversy in Germany amid fears that key technologies were falling into foreign hands at a time when China protects its own companies against foreign takeovers.  [Read more…] about US gives Midea green light to buy Kuka

Cleaning robots: Everybot ready for messy jobs

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There’s quite a few robotic floor cleaning devices already on the market, but there’s plenty of room for more. 

While the companies currently supplying robotic mops and vacuum cleaners have made a lot of money with them, the market is far from crowded.

The main reason for this is the price of robotic cleaning machines have actually been very high, especially if you go for the iRobot or Dyson models.  [Read more…] about Cleaning robots: Everybot ready for messy jobs