• investing,  technology

    Investing in 2024: Part 2 Robotics

    With robotics, we are referring to a broad spectrum of innovations that encompass walking humanoid robots, autonomous vehicles such as robot taxis, flying cars, and unmanned aerial vehicles (UAVs). The robotics industry is experiencing a rapid expansion, projected to increase in value by 80% annually. This growth is fueled by the convergence of several advanced technologies, including artificial intelligence (AI), edge computing, drone technology, and sophisticated sensors, which are enabling capabilities that were unimaginable just a few years ago.

    LIDAR: Revolutionizing Perception

    Light Detection and Ranging (LIDAR) technology has seen dramatic advancements over the past decade. Modern LIDAR systems are now 1000 times smaller and 100 times cheaper than their predecessors, making them more accessible and practical for a variety of applications. LIDAR uses laser beams to measure distances to objects, creating detailed 3D maps of environments. This technology is crucial for autonomous vehicles and robots, allowing them to navigate and understand their surroundings with high precision. The miniaturization and cost reduction have also enabled integration into smaller devices, opening new possibilities for robotics in fields like agriculture, logistics, and personal assistance.

    Image Recognition: Enhanced Accuracy and Speed

    Image recognition technology has become significantly faster and more reliable, thanks to advancements in AI and machine learning. Modern image recognition systems can process and analyze visual data in real-time, enabling robots to identify objects, people, and even complex scenes with high accuracy. This capability is essential for applications such as autonomous driving, where the vehicle must recognize and respond to traffic signs, pedestrians, and other vehicles instantly. In industrial settings, robots equipped with advanced image recognition can inspect products for defects, ensuring quality control with unprecedented efficiency.

    Reinforcement Learning: Smarter Humanoid Robots

    Reinforcement learning (RL) is a type of machine learning where an agent learns to make decisions by performing actions and receiving feedback from the environment. This technique is particularly effective in training humanoid robots, which need to perform complex tasks that require adaptability and learning from experience. By using RL, humanoid robots can improve their performance over time, learning to walk, navigate obstacles, and manipulate objects with increasing dexterity. The iterative learning process allows these robots to optimize their actions based on rewards and penalties, leading to more robust and capable robotic systems.

    Networked Robotics: Collective Intelligence

    The advent of wireless networking technology enables robots to connect and communicate with each other, forming a collective intelligence. When robots are linked via wireless networks, they can share data, experiences, and learning outcomes. This interconnectedness means that when one robot learns something new, such as navigating a complex environment or performing a specific task more efficiently, that knowledge can be instantly shared with all other connected robots. This collective learning accelerates the development and deployment of robotics solutions, as improvements are propagated throughout the network without the need for individual training.

    The Future of the Robotics Market

    The projected market value of the robotics industry ranges from $150 billion to $1 trillion USD over the next 15 years. This significant growth reflects the increasing adoption of robotics across various sectors, including healthcare, manufacturing, logistics, and consumer services. Innovations in AI, edge computing, sensor technology, and connectivity are driving this expansion, making robots more capable, affordable, and integrated into everyday life. As these technologies continue to evolve, we can expect to see even more groundbreaking applications and widespread adoption of robotics in our daily activities and industries.

    How to invest in robotics?

    Investing in the robotics industry offers significant opportunities for growth as this field continues to expand rapidly. Here are some key companies and their contributions to the robotics sector:

    Teradyne (TER)

    Teradyne Robotics, in collaboration with NVIDIA, is at the forefront of integrating AI into robotics. This partnership focuses on leveraging NVIDIA’s powerful AI technology to enhance the capabilities of Teradyne’s robots, making them smarter and more efficient. Teradyne is well-known for its automation solutions used in testing and industrial applications, and its foray into AI-driven robotics is poised to drive substantial advancements in the field.

    FigureAI

    FigureAI is an AI robotics company dedicated to developing general-purpose humanoid robots. These robots are designed to perform a wide range of tasks, making them versatile solutions for various industries. FigureAI’s focus on creating adaptable and intelligent humanoid robots positions it as a significant player in the robotics market, particularly in sectors requiring flexible automation solutions.

    Tesla (TSLA)

    Tesla is expanding its innovative prowess beyond electric vehicles into the realm of robotics with its Optimus humanoid robot. This general-purpose robot is designed to handle tasks that are dangerous, repetitive, or mundane for humans. Additionally, Tesla is set to announce its RoboTaxi service this summer, which will utilize autonomous driving technology to offer a new mode of transportation. These ventures signify Tesla’s commitment to revolutionizing both robotics and autonomous driving.

    Mobileye (MBLY)

    Mobileye, a leader in autonomous driving technology, focuses on developing advanced driver-assistance systems and self-driving solutions. Mobileye’s technology is integral to the development of autonomous vehicles, enhancing safety and efficiency on the roads. Investing in Mobileye provides exposure to the burgeoning market of autonomous transportation, which is expected to grow significantly in the coming years.

    Aurora Innovation

    Aurora Innovation is dedicated to advancing self-driving vehicle technology. The company develops sophisticated software and hardware systems that enable vehicles to navigate autonomously. Aurora’s partnerships with major automotive manufacturers and its innovative approach to autonomous driving make it a key player in the future of transportation.

    Boston Dynamics

    Boston Dynamics is renowned for its cutting-edge robotics, particularly the Atlas robot. Atlas is a highly advanced humanoid robot capable of performing complex maneuvers and tasks, demonstrating the potential of robotics in both industrial and domestic settings. Boston Dynamics’ continuous innovation in robot mobility and functionality makes it a leader in the robotics industry.

    Agility Robotics

    Agility Robotics is the creator of Digit, a bipedal robot designed for logistics and delivery applications. Digit is used by companies like Amazon to streamline warehouse operations and enhance delivery efficiency. Agility Robotics’ focus on developing practical and functional robots for real-world applications underscores its importance in the logistics and e-commerce sectors.

    1X Technologies

    1X Technologies, a Norwegian company, produces NEO, a lightweight robot designed to assist with tasks at home. NEO aims to improve everyday life by handling household chores and providing support to individuals with mobility challenges. 1X Technologies’ emphasis on creating user-friendly home robots positions it as a key player in the consumer robotics market.

    Sanctuary AI

    Sanctuary AI is known for its Phoenix AI Robot, a general-purpose humanoid robot designed to operate in various environments. Sanctuary AI focuses on creating robots that can learn and adapt to new tasks, making them highly versatile solutions for both commercial and industrial applications. This adaptability makes Sanctuary AI a significant contributor to the future of robotics.

    Apptronik

    Apptronik is developing Apollo, a general-purpose humanoid robot intended for use in warehouses and manufacturing plants. Apollo is designed to assist with repetitive and physically demanding tasks, improving efficiency and safety in industrial settings. Apptronik’s focus on creating robust and reliable robots for heavy-duty applications highlights its potential in the industrial robotics market.

    Conclusion

    Investing in the robotics industry involves recognizing the potential of various companies that are pioneering advancements in robotics and automation. Each of these companies contributes uniquely to the field, whether through developing cutting-edge AI-driven robots, enhancing autonomous driving technology, or creating practical solutions for industrial and domestic use. By understanding the specific areas of focus and innovation of these companies, investors can make informed decisions to capitalize on the growth and transformative impact of the robotics industry.

  • investing,  technology

    Investing in 2024: Part 1 Bitcoin

    Series Intro

    In this series I will zoom into various technology sectors with a focus on potential investment opportunities..

    The goal is not to provide investment advice—safer and more stable investment options, such as global ETFs, are often more suitable for the average investor. And the assets that I will address are possibly not even the best one in it’s field.

    The idea is rather to put a light on emerging technologies that could see significant growth in the next 10 to 20 years. Again, here we make an educated guess about the growth of the technologies and not necessarily about the growth of the assets highlighted in the series.

    Always do your own research, don’t invest money that you can’t afford to lose and don’t take advice from random guys on the Internet.

    Bitcoin: A New Asset Class

    As digital currencies continue to evolve, Bitcoin is emerging as a revolutionary asset class. With scarcity built into its algorithm and an increasing demand from institutional investors, the value of Bitcoin is projected to grow exponentially.

    Understanding Bitcoin Technology

    Bitcoin was introduced in 2008 through a white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System” by an anonymous entity known as Satoshi Nakamoto. The white paper outlines a system for electronic transactions without relying on trust, using a decentralized ledger called a blockchain. The blockchain ensures the integrity and chronological order of transactions, making it extremely difficult to alter past records.

    Key Features of Bitcoin Technology:

    1. Decentralization: Bitcoin operates without a central authority, relying on a network of nodes to validate and record transactions.
    2. Cryptographic Security: Bitcoin uses cryptographic techniques to secure transactions and control the creation of new units.
    3. Fixed Supply: Bitcoin’s supply is capped at 21 million coins, creating scarcity that can drive value appreciation.

    Lightning Opens the doors for Micro-Transactions

    A significant development in the Bitcoin network is the adoption of the Lightning Network, a layer-2 solution designed to facilitate faster and cheaper transactions. The Lightning Network addresses some of Bitcoin’s scalability issues by enabling off-chain transactions.

    How the Lightning Network Works:

    • Payment Channels: Users can create payment channels between each other. Transactions within these channels are instantaneous and cost-effective.
    • Network of Channels: Multiple payment channels form a network, allowing users to transact with anyone else in the network indirectly.
    • Off-Chain Transactions: Most transactions occur off-chain and are only recorded on the blockchain when the channel is closed, reducing the load on the main Bitcoin network.

    The Lightning Network makes Bitcoin suitable for micro-transactions, which are essential for applications like AI-based companies and other industries requiring frequent, small-value transactions. However, it’s crucial to note that Bitcoin faces competition from other cryptocurrencies in this space.

    Projected Growth of Bitcoin

    Several notable figures have predicted substantial growth for Bitcoin. Michael Saylor, a renowned entrepreneur, anticipates an average growth rate of 20% per year. Cathy Wood, the CEO of Ark Invest, foresees that Bitcoin could reach a staggering $3.8 million by 2030. Be aware that these are predications based on some market assumptions that might not come to light. There is no guarantee that this growth will be reached. But given the potential upside compared to the downside, it is worth the risk of putting a small percentage of your assets into Bitcoin.

    At the time of writing, the USD value of Bitcoin is $66,000. If Cathy Woods projection would become reality, the upside is 5700%. If Bitcoin value goes to $0, the downside is 100%.

    Investing in Bitcoin: A Variety of Options

    Bitcoin offers numerous investment opportunities. Here are some of the ways you can invest:

    Direct Purchase of Bitcoin

    You can buy Bitcoin directly on an exchange. This method allows you to own the currency outright and benefit directly from its appreciation.

    Coinbase (NASDAQ: COIN)

    Investing in Coinbase stock is another option. Coinbase currently holds 80% of the Bitcoin ETF, making it a significant player in the Bitcoin market. Buy investing in Coinbase we anticipate that the company benefits from the overall market growth. Be aware that cryptocurrency exchanges are still in a regulatory grey zone and could be affected by new regulations. Also there is the risk of cyber attacks. If a cryptocurrency exchange would get compromised, the stock value might drop drastically.

    Microstrategy (NASDAQ: MSTR)

    Microstrategy, a company owning 214,000 bitcoins at the time of writing, is another viable investment. As the value of Bitcoin rises, so does the worth of Microstrategy.

    Block (NYSE: SQ)

    Block, a company founded by former Twitter founder Jack Dorsey, develops tools in the Bitcoin ecosystem, making it a promising investment.

    Bitcoin ETF

    If you’re wary of exchanges and the complexities of self-custody of Bitcoin, investing in Bitcoin ETF could be an option. However, it’s important to check your local legislation for allowances and tax implications.

    Disclaimer

    While Bitcoin presents exciting investment opportunities, this is not investment advice. Investments are always at your own risk. It’s crucial to do your own research and consider your financial situation before investing.

  • blog

    blog reboot

    Welcome to version 4.0 of my Planet Gorik blog. I’ve lost count over the years, so it could be version 3.0 or 5.0.

    After some digital archaeology, I discovered that I had a version of this blog in 2016 according to the Wayback Machine. However, this might not be the earliest version.

    screenshot of my blog in 2016

    My Twitter account, now X, dates back to 2007. Though its history only goes back to 2021, I found evidence of an earlier tweet about another blog post of mine, regarding my new car, through the Wayback Machine.

    Digging further, I found a post from 2004, which states “it’s been a while since my last post”. The archives don’t go back earlier than March 2004, but the copyright at the bottom of the page reads 2003-2004, suggesting that this blog began in 2003.

    blog post from 20 years ago

    Now, more than 20 years later, I’m rebooting my blog to express my excitement about the latest convergence in technologies.

    Even though blogs aren’t as popular as they once were, I still find valuable information through them, in addition to podcasts and YouTube videos. However, I don’t envision myself creating audio or video content, so I’ll stick to writing.