Meet my co-worker: a robot
Danish company Universal Robots' compact and lightweight industrial robots are indefatigable and do an excellent job working alongside humans
IMAGINE a co-worker on the factory floor who doesn't need a lunch or tea break. Plus, "he" has as much energy at the start of the day as at the end of it - and sometimes even does two consecutive shifts without a wage.
Welcome to the world of a robot co-worker. A company in Denmark, Universal Robots (UR), makes machines that can work alongside human workers on production lines in various industries. And because of their relatively cheap price, they are found in many small and medium-sized businesses (SMBs).
There have been instances (mainly in Europe) of companies, due to labour shortage, deploying UR robots to replace workers who were on prolonged sick leave.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Technology
Brokers’ take: DBS cuts Venture Corp price target after Q1 earnings miss
Garmin’s Q1 results beat on strong demand for fitness, auto products
Foxconn’s musical chairs sound like punk rock
US sets up board to advise on safe, secure use of AI
Regulate AI? How US, EU and China are going about It
Meta’s results are best viewed through rose-tinted AI glasses