Tuesday, May 23, 2017


I came across this post: "The total value of all the robots in the United States, from Roombas to aut0-manufacturing plants to those that fold laundry, and everything in between, is $732 billion, a number that, according to a study released today by researchers at CEBR and Redwood Software, is larger than that of the economy of Switzerland.

Other findings in the study suggest that American investment in robotics has doubled since 2009, and went up 30% between 2011 and 2015. The researchers also concluded that investing in robotics has a higher long-term return than that of transportation, financial services, or real estate. And all-told, robotics investment in the 35 countries that make up the OECD—including the U.S., Canada, France, Germany, and others—amounted to 10% of GDP growth between 1993 and 2016. In short: Robots are very, very big business."

I believe the rough outline, robots could be the next big business. A few years ago I found a robot ETF, but it did not do so well, (NOTE: If I had stayed with it I would have a small gain today). If you have ideas, please leave them in the comments.

Found this page by Redwood. Curious they do not spell out RPA, guess you just have to know.

Here is a piece by Motley Fool. (NOTE: I lost money on ISRG, not saying that is a reason not to buy, but be wise.)

CNN has an investing guide. They mention robo stock advisor BKFS, but I am inclined to pass. The most interesting thing I saw was ROK.

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