Our past two articles focused on Advanced Automation manifested through the application of broadly-defined Artificial Intelligence as applied to Enterprise Software. Continuing the Advanced Automation theme, we expect food producers, automobile producers, retailers and other operations to accelerate their adoption of various forms of advanced automation including Robotics and automated payments (think Amazon Go’s cashierless technology), to mitigate the rising costs associated with inflation and regulation.
From an inflation standpoint we are referring to rising input costs including materials and labor. On the regulation side we are primarily thinking of COVID-related regulation which mandates social distancing and other inconveniences that hamper production efficiency. Economic “stimulus” programs have stimulated economic disruption rather than production. Tesla (TSLA) is heavily invested in modern Robotics as is Amazon (AMZN). Amazon also has other investments in Advanced Automation. South Korea’s Hyundai is heavily invested in Robotics given its recent acquisition of a controlling stake in Boston Dynamics (below).
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