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Robotics Businesses The Almighty Buck United States

If American Robots Had Their Own Economy, It'd Be Bigger Than Switzerland (fastcompany.com) 54

From a report: The total value of all the robots in the United States, from Roombas to auto-manufacturing plants to those that fold laundry, and everything in between, is $732 billion, a number that, according to a study released today by researchers at CEBR and Redwood Software, is larger than that of the economy of Switzerland. Other findings in the study suggest that American investment in robotics has doubled since 2009, and went up 30 percent between 2011 and 2015.
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If American Robots Had Their Own Economy, It'd Be Bigger Than Switzerland

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  • Badger jizz (Score:5, Insightful)

    by Hognoxious ( 631665 ) on Wednesday March 15, 2017 @05:22PM (#54046707) Homepage Journal

    This is like comparing a speed to a distance.

    • This is like comparing a speed to a distance.

      If you read any suitably advanced astronomical paper they measure distances in speed. You're just not refined enough ;)

    • by Anonymous Coward

      This baby made the Kessel Run in less than 12 parsecs.

      LOL...Captcha is "bragger." How fitting.

    • by GuB-42 ( 2483988 )

      This is like comparing a speed to a distance.

      It is just a matter of time.

    • by quax ( 19371 )

      Or comparing it to the monetary value stored in Swiss banks, which would makes $1T look like a rounding error.

  • But it grows more difficult each day to find a good example of a society where people are equal and there is not a huge gap between rich, poor and middle class. While Switzerland has enjoyed a rather large middle class, even there the trends are that the poor and rich are growing and the middle class is shrinking. [swissinfo.ch] (yea, 5 year old article)

  • It should be "larger than Switzerland's". Unless they measure economies (whatever they mean by that; I doubt they know themselves) in units of area.

  • by pele ( 151312 )

    They quote some company and another yet provide no links to original research? Interesting.

    If by "economy" the journo that quoted an unquotable research paper meant GDP then yes. But you simply need to add just the foreign currency reserves and you're wrong.

    If by "economy" he meant anything else then ha-ha (that simpsons character).

    For example, the company I worked for in CH had an annual IT budget of more than $1bn. ANNUAL.

    Next time either link to original research or bother to investigate and use your bra

  • Could someone please give me a metaphor using and automobile, and Libraries of Congress? Thank you.
    • There are more automobiles in Switzerland than there are Libraries of Congress in the USA. There.

  • Obviously robotics and automation are about to accelerate at rates never before seen in industry and business. I am waiting for the first business that has no human intervention at all. Imagine a totally automated car factory with zero employees and zero human owners. Imagine if that company starts to take over the car market. The game is a foot.
  • That means that American robots can take over Switzerland's most valuable export: neutrality. Pretty easy for bots to best humans there.
    • by Kjella ( 173770 )

      That means that American robots can take over Switzerland's most valuable export: neutrality. Pretty easy for bots to best humans there.

      More like sociopath CEOs will get the sociopath "employees" they always wanted and that'll take any kind of abuse unfazed. The future is like Uber, click here to install this mandatory update and accept new and worse terms. Cue Darth Vader. And you don't get fired, your account is "suspended" and you're out. If you thought employers were dicks before, wait until they can do it remotely and facelessly so they can pretend not to see you get kicked in the balls.

  • Property tax, income tax, sales tax, occupation tax.

    Just saying.

    And go to jail when they kill. Or do machine oils. That stuff's addictive.

  • The number of molecules in the ocean is greater than the total number of hairs on all people's asses.... just about as a useful comparison.

  • It's called Wall Street.

There is no distinction between any AI program and some existent game.

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