Robots cause company profits to fall — at least at first
Researchers have found that robots can have a ‘U-shaped’ effect on profits: causing profit margins to fall at first, before eventually rising again. The researchers studied industry data from the UK and 24 other European countries between 1995 and 2017, and found that at low levels of adoption, robots have a negative effect on profit margins. But at higher levels of adoption, robots can help increase profits.
In creating a pair of new robots, researchers cultivated an unlikely component, one found on the forest floor: fungal mycelia. By harnessing mycelia's innate electrical signals, the researchers discovered a new way of controlling 'biohybrid' robots that can potentially react to their environment better than their purely synthetic counterparts.
Exploring a new way to teach robots, Princeton researchers have found that human-language descriptions of tools can accelerate the learning of a simulated robotic arm lifting and using a variety of tools.
What is the best way to teach a robot? Sometimes it may simply be to speak to it clearly. Researchers found that human-language descriptions of tools can accelerate the learning of a simulated robotic arm lifting and using a variety of tools.