Show notes
Billions of robots within a decade? A similar growth curve to smartphones? We currently have about 30 million robots on the planet, not counting Roombas and similar small bots. RobotLab CEO Elad Inbar says that will hit BILLIONS with a B within 10 years.We discuss the exponential increase in commercial robots globally and predict billions of robots integrating into daily activities, from service industries to personal assistance, over the next decade. We chat about the evolution of robotics from novelty items to essential aspects of business operations, highlighting the role of robots in automating mundane tasks and their future potential in enhancing customer service and living standards. Inbar also emphasizes the importance of service infrastructure to support the widespread adoption of robotics technology, drawing parallels with past technological advancements like mobile phones and cars. And we dive into specific applications of robots in restaurants, cleaning services, and healthcare, particularly for dementia patients, and the franchise model RobotLab is adopting to expand its reach and capacity to deliver robotics solutions.

