If you think about spring time, eventually a plant or two will come up because at some point the earth warms and trees and plants begin to grow. One of the plants could be tulips because they are normal spring time plant. If you like tulips, and most people do, you might have seen the huge fields of tulips in the Netherlands. The Netherlands has a long history with tulips, for investors there is the time tulip bulbs were bid up to hundreds of thousands of dollars and came crashing back. For now tulips can be bought at garden centres or places such as Home Depot. Similar to all industries, AI is coming.
In an article by Mike Corder of the Associated Press, an AI robot nicknamed Theo but produced by H2l Robotics is used to search those massive tulip fields for diseased tulips. The robot is the size of a sports car with caterpillar tracks and costs about $272,700. The company H2L has made 45 of them.
Erik de Jong of H2L Robotics, says artificial intelligence helps them to identify sick flower and very precise GPS co-ordinates allows them to pinpoint the flowers that need to be destroyed.
The software in the robot has thousands of pictures of tulips and as the camera examine the tulips it looks for the diseased ones and pulls them up. In the past, the job was done by a disease spotter, but they are harder to find and train.
Linking to dividend paying stocks, in every industry looks for better ways to do all the jobs in the company, some will take a little more time to envision how it can be done better and with less expense to find a true alternative. Thus every company is changing and as AI continues to grow or be seen more, there will be greater possibilities to use AI in the production facility.
There are more questions than answers, till the next time – to raising questions.