Can we possibly use robots for Rs.35,000 in less than a decade for household work?Call it science fiction at the moment. Or something similar. One is told that with artificial intelligence likely to be the next best game-changer, there is a big revolution waiting to happen. My friends, all in the IT sector in the USA, often tell me that we will have robots for as little as Rs.35,000 in less than a decade from now.
Will this really happen? Or are they being too optimistic. They often point out to the fact that smartphones are now available on EMIs at no interest for around Rs.5000 or less and owned by everyone. A similar revolution will happen to robots, that will be manufactured by some company.
One of them even bets that a company similar to Cavinkare will soon emerge in India, and get this going. Cavinkare is a small company that is successfully competing with the likes of Hindustan Lever and the MNC called P&G in a wide range of FMCG products.
Members who know much more than me ( almost zero technical knowledge) may share their views.