Published Paper Details:

Although there exist restricted executions of Artificial Intelligence (AI) across a few sectors, automation profoundly influences the robotics industry. The trend shows no mark of impeding. Currently, the creative integration of robotics and AI constructs an assemblage of futuristic opportunities in technology. Economic effects of robotic developments and AI have produced self-driving motors, intelligent electronic agents that work for people, which ultimately makes robots proliferate. AI gets projected on having broad applications such as machine learning that mechanizes analytical approach construction through algorithms. Algorithms permit robots to function with humanitarian aid. However, artificial intelligence contains some advantages and disadvantages. The benefits conquer several risk hindrances of humans by advancing on Artificial Intelligence Robot, which conducts harmful activities that people cannot engage. Guidelines concerning AI in the robotics sector include mobility, sense and feedback, customer assistance alongside open-source robotics, and process optimization. Looking into the future of AI and robotics, the manufacturing industry becomes an emerging trend. Manufacturing over the years gets considered as a sector with the most significant level of technology. Nonetheless, wholly automated manufacturing plants seem distant, and AI robots get positioned to modify that condition. The range of AI's advancement in the future will discover the economic effect of AI on the worldwide economy. For this discussion, the paper aims at expounding on the economic impact of incorporating AI within the robotics sector, considering the modifications attached, pros and cons, financial results, and the current emerging trends.