Skip to main content

Amazon, Google moves highlight robotics wave: Schiff

The "robots are taking over the world" concept has been a staple of science fiction for generations. However, the reality of automated production lines and self-propelled disc vacuums has thus far proved much less intimidating. But the next generation of robots will likely be much more significant. And while we feel that financial markets remain highly distorted by excess liquidity, and that growth stocks always involve higher risk, it is undeniable that transformative innovations can present opportunities.

Recent moves by Google (GOOGL) and Amazon (AMZN) highlight the wave in robotics. In 2013, Google purchased eight startups focused on robots, and this year it unveiled dramatic improvements to the driver-less car concept that it first introduced in 2012. Recently, Amazon made a big stir on "60 Minutes" by introducing an internet-controlled air drone delivery system. Although some dismissed it as a stunt, Amazon founder Jeff Bezos insisted that the project was for real.

Read more: here
Labels:

Comments

Post a Comment

Popular posts from this blog

“Officer of the Year” Admits to Raping 20 Male Immigrants, Not Charged as Sex Offender

Broward County, FL — A former Florida police officer has admitted to forcing undocumented immigrants into having sex with him. Jonathan Bleiweiss, 34, pleaded guilty to an array of charges last week, admitting to 14 counts of armed false imprisonment, 15 counts of battery and four counts of stalking. However, he avoided all of the charges with “sex” in them. Most likely due to his police officer status, this former Broward Sheriff’s deputy was given an insultingly lenient plea deal. As part of that deal, Bleiweiss did not face charges of sexual battery, and as such will not be required by the state of Florida to register as a sex offender. A group of approximately 20 undocumented immigrants alleged that Bleiweiss, harassed them, molested them during pat-downs, and threatened them with deportation if they refused to perform sex acts. Eerily enough, just after this officer was named Employee of the Year for his district, Bleiweiss told the South Florida Blade ...
Post a Comment
Read more

Census Bureau: Means-Tested Gov't Benefit Recipients Outnumber Full-Time Year-Round Workers

(CNSNews.com) - Americans who were recipients of means-tested government benefits in 2011 outnumbered year-round full-time workers, according to data released this month by the Census Bureau. They also out-numbered the total population of the Philippines. There were 108,592,000 people in the United States in the fourth quarter of 2011 who were recipients of one or more means-tested government benefit programs, the Census Bureau said in data released this week. Meanwhile, according to the Census Bureau, there were 101,716,000 people who worked full-time year round in 2011. That included both private-sector and government workers. See more at: cnsnews
Post a Comment
Read more