From household chores like vacuuming, to assisting in surgery and on the factory floor, robots are increasingly becoming a part of everyday life.
It's a trend that is met with both excitement about the potential transformation of society, and fear about a loss of jobs -- and even possibly the end of civilisation.
"If you look back at history, you can see time and time again that the introduction of machines and technology has been met with fear – if you substitute a human with a machine it will be destructive," said Hal Sirkin, a senior partner at Boston Consulting Group (BCG) and co-author of the firm's series of reports on the shifting economics of global manufacturing.
"But this hasn't happened yet and it will be same with robots," he told CNBC. "The machines we are talking about today are not at risk of taking over the world – down the road that could be an issue and it is not something that can be ruled out."