Monday 24th May 2021
A robotic future: investing in robotics, automation and AI
COVID-19 has caused the deepest liquidity squeeze since 2006, an unexpected economic shock causing an immediate deterioration in conditions.
Robotics is more than a futuristic concept, it’s a theme playing out in our daily lives right now. With improving technology and a range of drivers, such as skill shortages and the aging population, we are only likely to see robotics become more integral to daily life. Investment in this sphere not only provides exposure to newer technology but some of the major trends influencing our future.
What is robotics?
The traditional face of robotics tends to be associated with systems like Boston Dynamics’ Atlas the Robot or Hanson Robotics’ Sophia, the world’s first robot citizen, but there is more to the industry than humanoid robots.
ROBO Global, a provider of research, advice and investment indices in this field, define this industry as extending across robotics, automation and artificial intelligence (RAAI). ROBO Global is also the index provider of the ETFS ROBO Global Robotics and Automation ETF (ASX Code: ROBO).
