Does a robot cost $2 or $35 an hour? A multitrillion-dollar market depends on how the answer
Depending on whom you ask, a robot costs $2 an hour, according to a Roland Berger study earlier this year; $10 to $12, according to JPMorgan or more than $35, according to reports on early industrial deployments.
TL;DR
- Robot costs vary by source: $2/hour (Roland Berger), $10-$12/hour (JPMorgan), >$35/hour (early industrial deployments).
- The differing cost estimates have implications for a multitrillion-dollar market.