Economic Sectors that will Benefit from Advanced Robotics

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Robot hands image: unsplash.com

Chris Moehle, an experienced entrepreneur, is the Managing Director of The Robotics Hub and Coal Hill Ventures. At Coal Hill Ventures, Chris Moehle’s impactful contributions has initiated the launch of Robotics Hub Accelerator and Venture Fund – an initiative designed to tackle the challenges of advanced robotics.

Laymen always align the industrial use of robots with manufacturing. However, robotics has expanded tremendously in recent years to the extent that robots are programmed to perform better (and faster) than humans. A revolution in advanced robotics is anticipated in the future and more economic sectors is expected to benefit immensely from the revolution.

Artificial intelligence used in the retail industry has changed and enhanced consumer experience. Rather than use obsolete credit card readers, nowadays, robots can greet customers, check prices, track inventory and help customers find the products they need.

Food and hospitality industry leaders use advanced robotics to improve customer experience with their clients. While front desk personnel chats with customers, a robot is processing their payments. A restaurant staff engages with clients while a robot prepares the table. Amazingly, advanced robotics is used to track information about spas, hikes, and other hotspots that interest guests.

The construction industry has also felt the impact of Advanced robotics revolution. Robotic machines are capable of building a housing unit in one day. The robot Hadrian X, for instance, can stack up to 1,000 bricks in one hour.