Topic updates
Robots transform the logistics industry

10th January 2018
This is a compelling, superb video report from the FT on how robotic technologies are having a transformative impact on the fast-growing logistics industry.
The army of over 2,000 robots in one of Amazon's fulfilment warehouses in the UK is featured as is a slightly different, but still hugely impressed robotic system used by Ocado to pick online grocery deliveries.
Lots of issues raised in the video, not the least being the ongoing argument about the impact of greater automation on productivity and the quantity and quality of jobs available to the labour force.
Despite the growing army of robots used at Amazon, their workforce has continued to expand rapidly. Capital can replace labour but in aggregate, automation might actually create more new jobs than it destroys.

Chris Pissarides interviewed by CNBC with regard to how governments respond to technology replacing jobs https://t.co/ING9nGpUHA pic.twitter.com/u3z1wtrnAT
— LSE Department of Economics (@LSEEcon) January 10, 2018
You might also like
Business Growth - Acquisitions made by Amazon
Study Notes

The Human Cost of Amazon's Rush for Speed
4th December 2022

Amazon initiates big job cuts - starting with Alexa
14th November 2022

Contestable Markets - Amazon launches Amazon Insurance Store
19th October 2022

Amazon to invest $1 billion in electric vehicles and charging hubs
10th October 2022

Amazon Raises Prime Prices in the UK and Europe
27th July 2022