Each week, aprofessional investor tells us where he'd put his money. This week: Tom Riley, AXA Framlington Robotech Fund.
Given the pace at which the industry is expanding, and is expected to do so in the future, I believe that the robotic revolution will continue to unfold at an accelerated rate over the coming decades. Robots are already capable of performing sophisticated, delicate work, as well as working alongside humans to improve productivity. They're also becoming more affordable and easier to programme, which is happening at the same time as labour costs are rising in both developed and emerging markets, while working populations are shrinking in many manufacturing countries (such as China). These trends, along with developments in areas such as vision systems and artificial intelligence, will support the increasing adoption of robotics.
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