Good morning. Collaborative industrial robots, or “cobots,” soon could become many employees' new workplace besties—to say nothing of how much workflows improve or how much money their companies save.
Cobots, which are evolving alongside the tech used for motion-sensing capabilities, are among the next generation of robots on the rise, according to a June 20 report in Bank of America Institute’s “Next Gen Tech” series. They are “small, nimble robots” that can move around a factory floor to collaborate with workers, the report notes. Powered by AI and machine learning, cobots work alongside humans and are designed to conduct much more complex tasks than traditional robots. Some that are programmed with generative AI will be able to communicate with humans, a far cry from traditional robots, which actually cost more and are harder to program.
