A company called Universal Robots creates robotic arms. They’re called “cobots.” That’s because instead of replacing human workers, “cobots” help and work alongside them.
NOW WATCH: Tech Insider videos
Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.