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
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
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