Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Thursday, 19 April 2018

#Robots #AI #Economy #DigitalIndia


A  Robotic  Invasion  ?



Robots are far from invading India’s factories , even though their installation rate is steadily rising , as can be seen from following data


YEAR    /    NO OF  ROBOTS INSTALLED IN INDIAN FACTORIES



*      2015………………. 2065

*      2016………………. 2625

*      2017 ( E )…….…3000

*     2018 ( F )………..3500

*     2019  ( F )……… 5000

*     2020  ( F )……… 6000




But other countries seem to be going all out to install robots in their factories as can be seen from following figures :


NUMBER OF INSTALLED INDUSTRIAL ROBOTS PER 10,000 EMPLOYEES


*    South Korea…………………… 631

*    Singapore………………………  488

*    Germany…………………………..309

*    Japan……………………………..  303

*    USA………………………………..  189

*    UK…………………………………….. 71

*    China………………………………..  68

*    Brazil…………………………………  10

*    Russia………………………………     3

*    India……………………………….      3



[  Source  :  Times of India  /  25  March  2018  ]




The main reason why industrialists in developed countries are very keen to replace human workers with robots , is HIGH WAGES ( in USA , minimum wage is $ 7.25 per hour = approx. Rs 470 per hour ! )



And , every few years , these wages keep climbing with rising Cost of Living Index



It has reached a stage where ( in countries like China ) , cost of an industrial robot is just the same as the annual wage paid to a Semi Skilled worker !



In India , we have still not reached that kind of a PAYBACK PERIOD , but Indian industrialists are acutely conscious of the following advantages of robots :



Robots which work 24 hours/day and do not ask for a salary



Robots that do not " go slow "or go on a strike



Robots that do not demand " Quotas / Reservations "



Robots that do not take holidays or take " Sick Leave "



Robots that do not resign / demand promotion



Robots that neither envy other robots nor sabotage 



Robots that do not complain against unpleasant work



Robots that do not get tired and need rest



Robots whose production does not drop after working for 8 hours



Robots that do not demand " Overtime Pay " @ 200 % of normal



Robots that perfectly co-ordinate their tasks with other robots



Robots that willingly " retire " at any age , whenever required



Robots that do not demand 

Unemployment/Retirement Benefits




 Robots which may , some day , provide you with 
emotional support when you are sick / depressed  !





The  “ writing is on the wall “if we fails to turn India into a  LOW  COST  ECONOMY  !



Remember : 

 

Automation is Inescapable






20  April  2018




==============================================

Added on 24 April 2022 :


    
Extract :

This week, the Beomni robot will appear at Explorers Club Headquarters and at the annual dinner on Saturday April 23rd in New York City. At the same time, across the country in Beverly Hills, CA, attendees at the Abundance360 Annual Summit will be able to remotely pilot the robot from 2,800 miles away.

Beomni is the world's most sophisticated general-purpose humanoid robot, capable of performing an almost unlimited number of tasks. Beomni's AI Brain learns from its human pilots and becomes increasingly autonomous over time.

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