Engineering:Robot economics
Robot economics is the study of the market for robots. Robot markets function through the interaction of robot makers and robot users. As (in part) a factor of production, robots are complements and/or substitutes for other factors, such as labor and (non-robot) capital goods. Another part of robot economics considers the effects of the introduction of robots on the markets for those other factors and on the products that robots help produce. Robots are spreading throughout the economy, in fields such as agriculture, medicine and retail.
Markets
Agriculture
The use of robots in agriculture began with automated milking systems.[1] More recently, agricultural robots have begun to be used in harvesting, pruning, seeding, spraying and materials handling.[1]
Medicine
Medical robots can be categorized in five segments: surgery, rehabilitation, non-invasive radiosurgery, hospital and pharmacy and others. Robot-assisted surgery can improve accuracy.[2] However, medical robots can increase costs.[3]
The market was valued at $1,781 million in 2013. Hospital and pharmacy robots segment grew fastest.
Retail
Robots can be used in retail for helping customers find items, keep track of product inventory on shelves, and even interact with customers.[4]
Manufacturers
Major participants operating in the global robotic market include Samsung Electronics, iRobot, Toyota Motor Corporation, AB Electrolux, Hanool Robotics, Fujitsu Frontech Limited, LG Electronics, Fujitsu, Sony Corporation, Yujin Robot and GeckoSystems.
References
- ↑ 1.0 1.1 Brewer, Paul J.; Huang, Maria; Nelson, Brad; Plott, Charles R. (2002-12-01). "On the Behavioral Foundations of the Law of Supply and Demand: Human Convergence and Robot Randomness". Experimental Economics 5 (3): 179–208. doi:10.1023/A:1020871917917. ISSN 1386-4157.
- ↑ Yeung, Christina; Dinh, Tuan; Lee, Joseph (2014-07-24). "The Health Economics of Bladder Cancer: An Updated Review of the Published Literature". PharmacoEconomics 32 (11): 1093–1104. doi:10.1007/s40273-014-0194-2. ISSN 1170-7690. PMID 25056838.
- ↑ Teljeur, C; O'Neill, M; Moran, PS; Harrington, P; Flattery, M; Murphy, L; Ryan, M (2014). "Economic evaluation of robot-assisted hysterectomy: A cost-minimisation analysis". BJOG: An International Journal of Obstetrics & Gynaecology 121 (12): 1546–53. doi:10.1111/1471-0528.12836. PMID 24810140.
- ↑ "Robots in Retail - Examples of Real Industry Applications -" (in en-US). TechEmergence. 2017-07-06. https://www.techemergence.com/robots-in-retail-examples/.
External links
- [1]
- [2] Economic of Collaborative Robotics
- A Roadmap for US Robotics From Internet to Robotics
- "Robot Economics - TCS Daily". http://www.ideasinactiontv.com/tcs_daily/2003/08/robot-economics.html.
- Yeung, Christina; Dinh, Tuan; Lee, Joseph (24 July 2014). "The Health Economics of Bladder Cancer: An Updated Review of the Published Literature". PharmacoEconomics 32 (11): 1093–1104. doi:10.1007/s40273-014-0194-2. PMID 25056838.
- Brewer, Paul J.; Huang, Maria; Nelson, Brad; Plott, Charles R. (1 December 2002). "On the Behavioral Foundations of the Law of Supply and Demand: Human Convergence and Robot Randomness". Experimental Economics 5 (3): 179–208. doi:10.1023/A:1020871917917.
 |  |
