With advances in robotics and artificial intelligence continuing to surprise us, there probably is not a single industry being left untouched by these technologies. The robotics market, for instance, is growing faster than many of us would have expected.
It is now projected to reach a value of $77 billion by 2022, more than double its size in 2017. AI is developing even faster. It grew from $700 billion in 2017 to $1.2 trillion in 2018 and is expected to be worth $3.2 trillion by 2022. Clearly, both robotics and AI are powerful markets, and the combination of these two technologies can change our lives for the better.
There's no doubt that robots are great in assisting humans. While we still maintain our dominance, developments in humanoid AI robotics are making headlines. One robot in particular stands out. Her name is Sophia, and she's already achieved a lot. After receiving the citizenship of Saudi Arabia in 2017, Sophia became the world's first robot citizen. Not only that, but Sophia has also spoken with distinguished political figures and has attended conferences around the world.