In the next 5-10 years, a robot will be accessible to everyone like mobile phones: Addverb’s Bir Singh

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Demand for robots is expected to grow exponentially with the number of robots in circulation being similar to the number of mobile phones in the next 5-10 years. For every person, there will be one robot, says Bir Singh, Co-Founder, Addverb. Singh says the role of robots will be pivotal for India as the scale and pace of economic growth cannot be achieved without automation. That, however, should not be reason to fret about job losses. Singh says robots will replace humans in only the dull, dirty, and dangerous jobs.

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In the next 5-10 years, a robot will be accessible to everyone like mobile phones: Addverb’s Bir Singh


Demand for robots is expected to grow exponentially with the number of robots in circulation being similar to the number of mobile phones in the next 5-10 years. For every person, there will be one robot, says Bir Singh, Co-Founder, Addverb. Singh says the role of robots will be pivotal for India as the scale and pace of economic growth cannot be achieved without automation. That, however, should not be reason to fret about job losses. Singh says robots will replace humans in only the dull, dirty, and dangerous jobs.

Show more



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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