What was once considered a far-off fantasy is now fast becoming reality. Robots will soon become an integral part of our working lives, and not just in traditional automotive sectors. Inevitably this will have far-reaching consequences for consumers, corporations and governments. This article looks at what is driving the commercialisation of robots, and how governments and corporates are responding.
The Financial Times recently reported that the amount lent by peer-to-peer websites internationally was almost $3bn in 2013, up from around $100m in 2007. There has been an equally impressive growth in the estimated number of crowdfunding websites, which have grown from 1,100 to 2,700 in the last year alone.