Ubiquitous Autonomous and Imminent

It seems like everywhere you turn in the news there are stories of new advances in robot technology. Stories are heralding robots as the solution to seemingly every problem. There are rescue robots, killer robots, finance robots, professor robots, flying robots, swimming robots, and every other type you can imagine. Needless to say, robots are getting a lot of attention. Amazon is looking to improve its operations with robots and held a competition to find a robot that could pick out items from shelves. The results were mixed, but it’s only a beginning for the technology.

Two Arms are Better than One

Check out the world’s first truly collaborative dual-arm robot, the YuMi, made by ABB.

Robot Market Growth

 

 

 

Where we’ve been:

Where we’re going:

 

 

What we’re reading:

The 3:00PM trading frenzy. (The Wall Street Journal)
What Will Happen to a Generation of Wall Street Traders Who Have Never Seen a Rate Hike? (Bloomberg)
Heard: Blowing the Froth Off of Tech Earnings (The Wall Street Journal)
How over-reliance on mathematical models screwed up economics. (Paulromer.net, original title: Mathiness in the Theory of Economic Growth)
Shelby to Unveil Legislation Heightening Fed Scrutiny (The Wall Street Journal)