robot waiter restaurant

  • The market for artificial intelligence will grow to generate $59.75 billion in revenues by 2025, Société Générale forecasts. 
  • The firm created a Rise of the Robots index with companies that are best positioned to profit from this growth. 
  • In the selection process, the analysts considered companies that invest heavily in research and development, those with a healthy return on invested capital, and sales growth. 

The robots won’t take over every job, but they’re already transforming the world. 

From self-driving cars to lab-grown meat, humans are designing robots to make our lives easier by speeding up and improving tasks we’ve always done. 

In fact, in a distant future, Société Générale sees artificial intelligence board members and politicians, and implantable phones as some of the possibilities. 

But bringing it back to the present day, the firm has identified investable companies that are best positioned to benefit from the growth of AI in their respective industries. AI will grow to rake in $59.75 billion market in revenues by 2025, SocGen forecasts.   

“AI raises concerns about security and privacy, and especially about the future of jobs,” Daniel Fermon, the head of thematic research, said in a note on Tuesday.

“However, it also offers the potential for new solutions to some of our most pressing global problems, in areas ranging from climate change to the ageing of the population … Whatever the outcome, AI is happening, creating potential investment opportunities as the field advances.”

The list below highlights the top companies in SocGen’s Rise of the Robots index. In the selection process, the analysts considered companies that invest heavily in research and development, which they saw as essential to leading in the fields of AI and robotics. They also selected companies with a healthy return on invested capital and sales growth. 

SEE ALSO: The world’s hottest tech companies are now worth more than $5 trillion, and they could be pointing out the next big bubble

NXP Semiconductors

Ticker: NXPI

Country: Netherlands

Sector: Semiconductors

R&D/sales: 16.79%

Return on invested capital: 6.26%

Three-year sales growth: 20.39%

Source: SocGen

Cypress Semiconductor Corp.

Ticker: CY

Country: US

Sector: Semiconductors

R&D/sales: 15.34%

Return on invested capital: -2.62%

Three-year sales growth: 54.09%

Source: SocGen

IPG Photonics

Ticker: IPGP

Country: US

Sector: Electronic Manufacturing Services 

R&D/sales: 7.16%

Return on invested capital: 18.94%

Three-year sales growth: 22.91%

Source: SocGen

See the rest of the story at Business Insider