117 Increased Performance Is Stimulating Demand For Industrial Robots Advances in computer vision and deep learning have improved robot performance 33-fold in seven years. Robots are already surpassing human performance by greater than a factor of two and it’s unclear where the upper limit will be. Items Picked And Placed Per Hour 1,200 1,000 S IC T 800 O B RO 600 Number 400 200 - Robot Robot Robot Robot Human Robot 2015 2016 2018 2019 2022 2022 Sources: ARK Investment Management LLC, 2024. This ARK analysis is based on a range of underlying data from external sources, which may be provided upon request. Forecasts are inherently limited and cannot be relied upon. For informational purposes only and should not be considered investment advice or a recommendation to buy, sell, or hold any particular security. Past performance is not indicative of future results.
Annual Research Report | Big Ideas 2024 Page 116 Page 118