Essentially, a gyroscope is a top, a self-balancing spinning toy, put to instrumental use. Tops were invented in many different civilizations, including classical Greece, Rome, Indus and China, and the Maori culture a thousand years later. Most of these, though using the same conservation of angular momentum as a gyro, were not utilized as instruments.
The first known use of such a top as an instrument came in 1743, when John Serson invented the "Whirling speculum"
The instrument used more like an actual gyroscope was made by German Johann Bohnenberger, who first wrote about it in 1817. At first he called it the "Machine".
Bohnenberger's machine was based on a rotating massive sphere. In 1832, American Walter R. Johnson developed a similar device that was based on a rotating disc.
Gyroscope invented by Léon Foucault in 1852.
Precision on a gyroscope
1909
1911
1916
1916
Elmer A. Sperry built the first automatic pilot for aircraft using gyroscopes.
Elmer A. Sperry started selling gyro-compasses in US
and later in Britain.
The Anschütz Company completed and installed the first automatic pilot for a ship.
First artificial horizon in aircraft used.
A gyroscope in operation with freedom in all three axes.