07/11/2023, 15:28 Gmail - Smart Money: Robots Shouldn’t Scare You (For Good Reason)

Gilmour Dean <technicalgde@gmail.com>

Smart Money: Robots Shouldn’t Scare You (For Good Reason)

1 message

Eric Fry <EricFry@exct.investorplace.com> Sat, Nov 4, 2023 at 7:31 PM

Reply-To: Customer Service <reply-fe8e1174776d017e70-37250_HTML-642179136-7314594-
10017@exct.investorplace.com>
To: technicalgde@gmail.com

November 4, 2023

Eric Fry
Editor, Smart Money

D A I LY I S S U E

Robots Shouldn’t Scare You (For Good

Reason)

Hello, Reader.

On Thursday, we discussed the wonder and terror that can – and has – come
with the rise in artificial intelligence and robotics taking on a more prominent
role in society.

Of course, what we’re seeing now is nothing new. Every revolutionary

technology in history – including steam engines, cars, airplanes, trains,
https://mail.google.com/mail/u/0/?ik=688b181be1&view=pt&search=all&permthid=thread-f:1781663371929634851&simpl=msg-f:1781663371929634851 1/6
07/11/2023, 15:28 Gmail - Smart Money: Robots Shouldn’t Scare You (For Good Reason)

electricity, the internet – has “had the power” to wreck society.

But they didn’t. Think about where we’d be if we didn’t have a mini
supercomputer at our fingertips to answer nearly every conceivable question
we have. Or a motorized transportation device that reduces what would be an
hours-long walk to the office to a mere 20-25 minutes.

Because the truth is, every time a revolutionary new technology is rolled out to
the masses, the masses freak out. People worried the speed of train travel
would rip the human body apart. They worried radio waves would cause
cancer. They believed mechanized weaving looms would cause mass
unemployment.

And while AI and robotics may seem massively different than the innovations of
the past, they’re not. It just feels different to most people because it’s
happening now.

But also as we discussed on Thursday, a dissection of the potential positive

outcomes for a new “robotized” future shows how good the future could be…

And there will certainly be profit opportunities – and a lot of them – to come
with.

Here’s what I mean…

SPONSORED

Eric Fry: “Prepare Now for Project Omega:

The Final Phase”
Eric Fry was the first person to publicly release footage of Elon Musk’s
secretive AI project – what he calls “Project Omega.”

That was months before the AI boom went exponential. He’s also given his
readers a chance to see gains of 1,000% or more – 41 different times. Just
$10,000 into only one of these recommendations could’ve made you a
millionaire.

Now he believes the stage is set for AI once again. Only this time, we’re on the
verge of seeing an AI panic unlike anything you could ever imagine.

https://mail.google.com/mail/u/0/?ik=688b181be1&view=pt&search=all&permthid=thread-f:1781663371929634851&simpl=msg-f:1781663371929634851 2/6
07/11/2023, 15:28 Gmail - Smart Money: Robots Shouldn’t Scare You (For Good Reason)

Click Here to Learn More

What Comes Next

The research teams at ABB Robotics and at the International Federation of

Robotics have identified a few more factors that could accelerate demand for
robots.

A short list would feature onshoring of manufacturing, artificial intelligence

advancements, and ease of use.

Let’s go through each of them.

Reshoring

As I’ve pointed out before, onshoring has become the “new-new” thing in
corporate America, as companies rush to deglobalize their supply chains and
repatriate as much of them as they can.

Previously, the only way to slash production costs was to move production to
low-cost manufacturing locales like Mexico and China. But robotics introduces
an enticing new possibility.

Some companies can “reshore” production cost-effectively because of the

efficiencies robotics produce.

The resulting impact on U.S. jobs is positive, not negative. Companies can
shutter production overseas and open facilities in the U.S. using a combination
of robotic and human “labor.” In effect, foreign jobs return home to become
new jobs for both humans and robots.

Reshoring initiatives in the U.S. created more than 350,000 jobs last year and
will add more than 400,000 this year.

Expressed another way, reshoring accounted for 7.6% of net U.S. employment
growth last year, and is on track to account for 13% this year. In other words,
this stealthy source of employment is becoming increasingly influential in the
U.S. economy, and robotics is helping to power it.

https://mail.google.com/mail/u/0/?ik=688b181be1&view=pt&search=all&permthid=thread-f:1781663371929634851&simpl=msg-f:1781663371929634851 3/6
07/11/2023, 15:28 Gmail - Smart Money: Robots Shouldn’t Scare You (For Good Reason)

The International Federation of Robotics highlights semiconductor

manufacturing as one prime example of this trend by observing…

Relocating microchip production back to the US and Europe is another

reshoring trend. Since most industrial products nowadays require a
semiconductor chip to function, their supply close to the customer is crucial.
Robots play a vital role in chip manufacturing, as they live up to the extreme
requirements of precision. Specifically designed robots automate the silicon
wafer fabrication, take over cleaning and cleansing tasks or test integrated
circuits.

Artificial Intelligence

No discussion of robotics would be complete without highlighting the impact of

artificial intelligence.

Not all robotic innovations utilize AI, of course; some are merely fancy pre-
programmed machines. But AI is playing an increasingly essential role in
robotic applications.

Traditional automation performs specific tasks in a rigidly structured process.

But AI holds enormous potential for next-level robotics that can operate in
variable and unpredictable manufacturing environments.

For example, AI would enable robots to deal with millions of different products
that require different processes. AI would also enable robots to distinguish
between the objects or people they encounter and respond accordingly.

As ABB Robotics President Marc Segura explains…

As Artificial Intelligence in robotics develops, the concerns around complexity

and capability that previously prevented companies from investing in robotic
automation, are being addressed. As capabilities develop further, robots will
appear in greater numbers and in applications outside of the traditional
manufacturing and distribution environments such as electronics, healthcare,
e-commerce, pharmaceuticals and food service.

Ease of Use

As robotic systems become increasingly versatile and cost-efficient, demand

for them will soar exponentially.

We’ve seen this movie many times. In the 1960s, only massive organizations
like NASA could afford to own supercomputers. And only NASA-like
organizations possessed the computer wizards who knew how to operate
them.

https://mail.google.com/mail/u/0/?ik=688b181be1&view=pt&search=all&permthid=thread-f:1781663371929634851&simpl=msg-f:1781663371929634851 4/6
07/11/2023, 15:28 Gmail - Smart Money: Robots Shouldn’t Scare You (For Good Reason)

But today, 1.4 billion folks have a NASA-sized supercomputer in their back
pockets. It’s called an iPhone.

Today’s smart phones are literally “pocket supercomputers” that are

spectacularly more powerful than the IBM 360/75 mainframes NASA used to
run the Apollo missions throughout the 1960s.

Because smart phones are so convenient and easy to use, their worldwide
adoption skyrocketed after the iPhone came to market in 2006.

Ease of use is the key to adoption rates. It always accelerates adoption rates.

AI, combined with autonomous technologies like connected digital networks

will make robots easier to operate, enabling them to take on more tasks in new
industries.

For example, an industrial robot could be equipped with sensors and software
that makes it easy for customers to set up the robots themselves. Once the
robots begin operating, combinations of AI and computer vision could also
boost its ease of use.

Again from ABB Robotics…

Autonomous technologies continue to make robots easier to program…

Developments in artificial intelligence are powering autonomous grasping and
positioning, which will expand the range of tasks robots can perform.

At the same time, continued simplification of the software and controllers used
to program robots will further reduce barriers to adoption by removing the need
for specialist expertise… enabling smaller companies and start-ups to embrace
automation.

Welcome to the Golden Age of Robotics. You’ll be glad you’re here.

Regards,

Eric Fry
Editor, Smart Money
https://mail.google.com/mail/u/0/?ik=688b181be1&view=pt&search=all&permthid=thread-f:1781663371929634851&simpl=msg-f:1781663371929634851 5/6
07/11/2023, 15:28 Gmail - Smart Money: Robots Shouldn’t Scare You (For Good Reason)

P.S. Silicon Valley Legend Luke Lango says this is the biggest AI story of 2023. BIGGER
than ChatGPT, Elon’s secretive X.AI project, and even Nvidia. He says Elon Musk could
be about to trigger a turning point for the ENTIRE $15.7 trillion AI boom. Details here.

Manage your account

We hope this timely investment research is valuable to you. As you know the markets move fast and
conditions change frequently. So please check the current issue for the most recent advice. Please
note that we cannot be liable for any missed bulletins caused by overzealous filters. To ensure that
you continue to receive this valuable part of your service please take a moment to add
(EricFry@exct.InvestorPlace.com) to your address book.

You can reach us at feedback@investorplace.com or by calling 1-800-219-8592.

Have a question about your bill?

Visit our billing FAQs.

Too many emails?

Click or tap Manage my subscription to unsubscribe from free newsletter emails or Unsubscribe from
marketing to stop receiving marketing emails.

InvestorPlace Media LLC

1125 N. Charles St,
Baltimore, MD 21201

Copyright © 2023
All rights reserved.

https://mail.google.com/mail/u/0/?ik=688b181be1&view=pt&search=all&permthid=thread-f:1781663371929634851&simpl=msg-f:1781663371929634851 6/6