Like AI and Machine Learning, Robotic Process Automation, or RPA, is another technology that is automating jobs. RPA is the use of software to automate business processes such as interpreting applications, processing transactions, dealing with data, and even replying to emails.
RPA automates repetitive tasks that people used to do. These are not just the menial tasks of a low-paid worker: up to 45 percent of the activities we do can be automated, including the work of financial managers, doctors, and CEOs.
Although Forrester Research estimates RPA automation will threaten the livelihood of 230 million or more knowledge workers or approximately 9 percent of the global workforce, RPA is also creating new jobs while altering existing jobs. McKinsey finds that less than 5 percent of occupations can be totally automated, but about 60 percent can be partially automated.
Cloud robotics promises something entirely new; robots with super-brains stored in the online cloud. The thinking is that these robots, with their intellectual clout, will be more flexible in the jobs they do and the places they can work, perhaps even speeding up their arrival in our homes.
Google Cloud and Amazon Cloud both have robot brains that are learning and growing inside them. The dream behind cloud robotics is to create robots that can see, hear, comprehend natural language and understand the world around them.