Factory Automation Will Speed Forward with A.I., Says Bernstein

By Tiernan Ray Bernstein Research’s Alberto Moel, who follows tech-industrial companies such as Corning (GLW) and AU Optronics (AUO), this afternoon offered up a thinks piece on robotics and factory automation, arguing that some of the costs of automation beyond the basic cost of the robot are about to get dramatically cheaper, thanks in large part to artificial intelligence akin to what Alphabet (GOOGL) and others are doing. Moel notes that the basic components of factory robots are only falling by perhaps 6% per year, their cost reduction bounded by things such as casings and servomotors and reduction gears that don’t rapidly fall in cost. But, writes Moel, the cost to install and adjust these machines on a factory floor is ten times their component cost and that stuff can…


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