The robots are coming.....for the pick and pack jobs. Congratulations to the founders of Covariant , a University of California, Berkeley -based robotics startup, who were recently acquihired by Amazon. This move may signal a significant shift in warehouse automation. It will be fascinating to observe how politicians, economists, and the media "adjust" their narratives about job creation and its impact on the economy and stock market over the coming years. Remember, the monthly job report can swing the stock market several percentage points in either direction, as we saw last Friday (September 6th). The question looms: What happens when increasing robot jobs = improved productivity = lower cost of production = potentially higher *human* unemployment? https://lnkd.in/g3pBzRKx #FrontierTechnology #AI #Robots #UCBerkeley
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Amazon's Billion-Dollar AI Revolution: Autonomous Robotics Transforming Logistics Amazon's groundbreaking move to invest $1 billion in AI and robotics startups marks a significant milestone in the industry. This strategic initiative focuses on nurturing the development of autonomous robots that merge AI with Machine Learning, aiming to revolutionize operations and enhance logistical efficiencies within Amazon's extensive global network of distribution centers. By harnessing the power of AI, these robots promise to optimize various aspects of Amazon's operations, including procurement, fulfillment, inventory management, and delivery routes. The result? Faster, more precise deliveries that exceed customer expectations. Amazon has already demonstrated its commitment to industrial robotics, investing €400 million in European warehouses. Moreover, Amazon and its CEO, Bezos, are investing $150 million in the robotic startup Figure AI, showcasing their dedication to this transformative technology. The AI revolution, led by Amazon's ambitious investment, is set to reshape the logistics landscape. As autonomous robots become increasingly integrated into warehouse operations, we can expect improved efficiency, reduced human error, and a significant leap towards a future where intelligent machines support and elevate human capabilities. Stay tuned for more updates on Amazon's AI and robotics journey, as this game-changing investment unfolds and transforms the world of logistics and supply chain management. #AIInnovation #RoboticsRevolution #LogisticsOptimization #AmazonInvestment #AutonomousRobots #ProcurementFulfillment #InventoryManagement #DeliveryRoutes #SupplyChainTransformation #AmazonAndAI #WarehouseOptimization #SmartLogistics #ArtificialIntelligenceImpact #BezosInvestment #FigureAI #FutureOfLogistics #IntelligentAutomation #RoboticProcessAutomation #SupplyChainEfficiency #DigitalTransformation #AutonomousSystems #MachineLearningInLogistics
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AI "foundation models" aren't just giving us better chatbots, they're also transforming robotics. It's a trend that has the potential to transform warehousing and logistics, as underscored by Amazon's acquisition of Covariant. Find out more below 👇 #AI #Robotics
This Could Be the Start of Amazon’s Next Robot Revolution
wired.com
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The combination of robotics and AI for industrial processes - Industrial AI, is still one of the high-value areas in AI. More work must be done to reduce costs, but the impact on heavy machinery and sometimes hazardous processes could be huge! #ai #industryai #industrialai #machinelearning #logistics #supplychain #genai #robotics #generativeai
Amazon secured a deal with robotics startup Covariant to license its models and hire key personnel. The new talent and models aim to improve warehouse automation and add new capabilities to Amazon’s fleet of over 750,000 robots. Learn more in #TheBatch: https://hubs.la/Q02QRsw50
Amazon Strengthens Logistics and Robotics with New AI Partnership
deeplearning.ai
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🤖 Amazon, Tesla, and Microsoft are diving deep into the AI-powered robot space, reshaping industries from manufacturing to logistics. This article explores how these tech giants leverage AI to enhance efficiency, innovation, and competitive edge. Discover the strategic moves and future implications of their investments. Read more here: https://lnkd.in/gqtXrqpR Adroid Corporation www.adroid.ai #adroidrobotics #robot #automation #ai #technology #startup #humanoid
Meet the AI-powered robots that Big Tech thinks can solve a global labor shortage
cnbc.com
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#Sustainabletech #Artificialintelligence Packaging and Robots: This is a sponsored article brought to you by Amazon. The journey of a package from the moment a customer clicks “buy” to the moment it arrives at their doorstep is one of the most complex and finely tuned processes in the world of e-commerce. At Amazon, this journey is constantly being optimized, not only for speed and efficiency, but also for sustainability. This optimization is driven by the integration of cutting-edge technologies like artificial intelligence (AI), machine learning (ML), and robotics, which allow Amazon to streamline its operations while working towards minimizing unnecessary packaging. The use of AI and ML in logistics and packaging is playing an increasingly vital role in transforming the way packages are handled across Amazon’s vast global network. In two interviews — one with Clay Flannigan, who leads manipulation robotics programs at Amazon, and another with Callahan Jacobs, an owner of the Sustainable Packaging team’s technology products — we gain insights into how Amazon is using AI, ML, and automation to push the boundaries of what’s possible in the world of logistics, while also making significant strides in sustainability-focused packaging. The Power of AI and Machine Learning in Robotics One of the cornerstones of Amazon’s transformation is the integration of AI and ML into its robotics systems. Flannigan’s role within the Fulfillment Technologies Robotics (FTR) team, Amazon Robotics, centers around manipulation robotics — machines that handle the individual items customers order on amazon.com. These robots, in collaboration with human employees, are responsible for picking, sorting, and packing millions of products every day. It’s an enormously complex task, given the vast diversity of items in Amazon’s inventory. “Amazon is uniquely positioned to lead in AI and ML because of our vast data,” Flannigan explained. “We use this data to train models that enable our robots to perform highly complex tasks, like picking and packing an incredibly diverse range of products. These systems help Amazon solve logistics challenges that simply wouldn’t be possible at this scale without the deep integration of AI.” Learn more about becoming part of Amazon’s Team → At the core of Amazon’s robotic systems is machine learning, which allows the machines to “learn” from their environment and improve their performance over time. For example, AI-powered computer vision systems enable robots to “see” the products they are handling, allowing them to distinguish between fragile items and sturdier ones, or between products of different sizes and shapes. These systems are trained using expansive amounts of data, which Amazon can leverage due to its immense scale. One particularly important application of machine learning is in the manipulation of unstructured environments.… http://dlvr.it/TGHfTG
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"Amazon hires from AI robotics startup Covariant, licenses technology" Amazon is intensifying its efforts to scale AI in robotics by hiring top AI experts Pieter Abbeel, Peter Chen, and Rocky Duan, along with a significant portion of Covariant's workforce. The company has also secured a non-exclusive license to Covariant's advanced robotic foundation models, which will enhance the capabilities of Amazon's vast robotics fleet used in supply chain and warehouse automation. These models will help improve the adaptability, safety, and efficiency of robotic systems that assist Amazon employees in fulfilling customer orders. This partnership aims to push the boundaries of AI-driven robotics, ensuring Amazon continues to innovate and optimize its operations. Read more here: https://lnkd.in/gKmXSsZw #Amazon #Covariant #AI #Robotics #Startup #Technology #Automation #Warehouse #SupplyChain
An update on how we’re accelerating the use of AI in robotics at scale
aboutamazon.com
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This was an expected development. All major logistics companies thinking they can avoid the topic of robotics and machine vision in intra-logistics should reassess the situation. #robotics #machinevision #logistics
Amazon hires the founders of AI robotics startup Covariant https://tcrn.ch/3TbecI6
Amazon hires the founders of AI robotics startup Covariant | TechCrunch
https://techcrunch.com
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Are Amazon’s warehouse workers about to be replaced by AI robots — once and for all? ➡️ Amazon’s latest move to transform its warehouses involves acquiring key talent from Covariant, an AI robotics startup. Covariant has been working on solving the last big puzzle in warehouse automation: giving robots the dexterity and intelligence to handle a wide variety of physical objects. ➡️ With this new partnership, Amazon aims to apply Covariant’s advanced AI models to improve robotic picking systems, potentially reducing the need for human labor in the future. Covariant’s AI grasping technology, which mimics how humans handle different objects, could revolutionize the logistics industry, much like Amazon’s acquisition of Kiva Systems did in 2012. ❓ However, there are challenges, including the high cost of development and the technical complexity of automating such tasks. Could this be the start of a new era where Amazon’s fulfillment centers rely entirely on AI-driven robots, leaving humans behind? What does this mean for the future of work? Read the full story on Wired: https://lnkd.in/gE_YKW54 #Robotics #Amazon #AI #Robots #FutureofWork #Warehouse ---- 💡 𝗜𝗳 𝘆𝗼𝘂 𝗲𝗻𝗷𝗼𝘆𝗲𝗱 𝘁𝗵𝗶𝘀 𝗰𝗼𝗻𝘁𝗲𝗻𝘁, 𝗯𝗲 𝘀𝘂𝗿𝗲 𝘁𝗼 𝗱𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗺𝘆 𝗻𝗲𝘄 𝗮𝗽𝗽 𝗳𝗼𝗿 𝗮 𝘂𝗻𝗶𝗾𝘂𝗲 𝗲𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲 𝗯𝗲𝘆𝗼𝗻𝗱 𝘆𝗼𝘂𝗿 𝘁𝗿𝗮𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝗻𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿 - you can have real-time insights, recommendations (a lot more than I share here) and conversations with my digital twin via text, audio or video in 28 languages! Join >6000 users who went before and go to app.thedigitalspeaker.com to sign up and take our connection to the next level! 🚀
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This is incredible. AI software agents are impressive, but real-world robotic AI is one of the hardest problems to solve. If you've ordered from Amazon, one of millions of AI robots likely handled your package. Soon, we'll see them in the skies, in space, and even digging tunnels on the moon and Mars. The gap between AI leaders and others is widening rapidly, leaving many companies and governments far behind. Personally, I'm eager to call a #robotaxi, to avoid driving. BUT, will they take #bitcoin? #robotics #realworldAI #robotaxi #ai #agents Tesla Amazon Fulfillment Technologies & Robotics Amazon #writtenbyahuman https://lnkd.in/gEFUD5zB
Meet the 8 robots powering your Amazon package deliveries
aboutamazon.com
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As Amazon's robot ranks swell, workers worry about their future Amazon has long insisted that the advanced robots being introduced to its warehouses aren't meant to replace humans. But believing that claim isn't easy when the number of machines deployed in its facilities has more than doubled over the last few years. Amazon's use of robots in its fulfillment centers and warehouses goes back more than a decade, but it really started ramping up the numbers in recent times, from 350,000 robots in 2021 to more than 750,000 by June 2023. It's not just the number of robots Amazon is introducing that's worrying workers; it's their human-like design. In October last year, the tech giant announced Digit, a 5-foot 9-inch 143-pound robot from Agility Robotics, was being deployed to warehouses. The two-legged machine can walk forward, backward, and sideways; squat and bend; and move, grasp, and handle items using its arm/hand-like clasps. Basically, it can imitate almost everything that a human can do, and without needing to pee in a bottle or take time off for stress. There have been plenty of regular, non-human-like robots added to Amazon warehouses, too, including the Roomba-esque Sequoia, the fully autonomous Proteus, a robotic arm called Sparrow, and more, each more advanced than the last in terms of design and the software behind them. Damion Shelton, CEO of Agility Robotics, didn't seem as concerned about alleviating job-loss fears. In December, he said that the health of businesses using these robots was far more dire than any perceived fears about job replacement. Amazon, incidentally, has a nearly $2 trillion market cap and its annual gross profit for 2023 was more than $270 billion. Like virtually every other tech firm, Amazon has been cutting jobs this year. CEO Andy Jassy said last month that the company isn't done with lowering costs as it embraces not only robots but also that other "this will help and not replace people, honest" technology: generative AI. Jassy believes the tech will be as big as the cloud and as important as the advent of the internet. https://lnkd.in/gbUeVrJj
As Amazon's robot ranks swell, workers worry about their future
techspot.com
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Managing Partner, Thinking Dimensions ► LinkedIN Top Voice 2024 ►Bold Growth, M&A, Strategy, Value Creation, Sustainable EBITDA ► NED, Senior Advisor to Boards,C-Level,Family Office,Private Equity ► Techstars Lead Mentor
3moGood question, and in developed large economies today, take a look at which percentage of new job creation are created by private enterprise as compared to government jobs. In countries including the USA and Canada this is an alarming and eye opening confrontation to consider. We cannot become economies where everyone works for the state.