The growth trends are obvious and all factories need to automate their processes if they want to compete. This is why we can expect fully automated factories to become a standard in the near future.

AI and robots

Robot that doesn’t need help to handle all the mundane, technical, and repetitive tasks. The breakthrough of artificial intelligence has allowed us to improve factory robots and give them more complex capabilities. AI has given factory robots environmental awareness and advanced cognitive programmability, allowing them to learn similarly to employees, reenact human behavior, and analyze it.

All these improvements have led to increased productivity and manufacturing efficiency, as robots don’t need help to handle all the mundane, technical, and repetitive tasks. Robots have a better understanding of their tasks and how to handle them properly without “getting confused”. At the same time, human employees are free to work on sophisticated aspects of production.

We are already seeing examples of automaton taking over factories such as the one in Tesla. In the future, we can expect to see more of this and with greater sophistication.

Do you know of any other examples of automated factories? How do you feel about the role AI has to play in modern factories? Share your opinion down in the comments, we’d be happy to spark up a conversation.

For more investment strategies, visit ETF Trends.