Someone needs to design, manufacture, operate, maintain, and upgrade the machines. And - most importantly - the profits the owners of the robots realize will get plowed into new ventures; money never sleeps.
If this really is a trend (I’m still skeptical) where are the investment opportunities? Shortly after Obama’s’ famous auto-teller remark an ETF was launched as a play on robotics and automation. It underperformed the market terribly.
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