A recent BCG Perspectives report on automation pegged four industries—already accounting for the lion’s share of global robot use—to lead the charge in coming years. These included machinery and transportation equipment, but they also included computers and electronic products and electrical equipment, appliances, and components.
In other words, those Foxconn iPhones will be made by robots.
There are two particularly strong drivers behind adoption: capability and cost competitiveness. Both are tied to quick advances in computing and AI, therefore we’re seeing gains in capability matched by falling costs of factory robots.