Hello, and welcome to the latest issue of the Forbes CIO newsletter.
“The robots are coming for our jobs! The robots are coming for our jobs! Oh, wait a minute, maybe they’re not. Yes, maybe they’re not. Yay!”
That, in a nutshell, has been a clear undertone to the coverage of news that Walmart has decided to scrap a contract with Bossa Nova Robotics, which had been supplying the company with an army of robots to help automate in-store inventory tracking. The six-foot tall machines were deployed in some 500 of the retailer’s stores and were doing tasks previously undertaken by humans. Five years into the experience, Walmart has concluded that people, sometimes in conjunction with simpler automation tools, can achieve similar results to the robots at a lower near-term cost.
It’s tempting to conclude this is a big step backwards for automation—tempting, but wrong. Sure, Walmart had high hopes for the machines, predicting back in January that they would eventually be in 1,000 stores. But it’s still pursuing automation on plenty of other fronts. This week, for instance, the company revealed it is launching a robotic-delivery pilot program with General Motors-backed Cruise, which will involve Cruise’s electric, self-driving cars bringing groceries and other goods to customers in the suburbs of Phoenix.
Looking at the bigger picture, the pandemic has given a huge boost to robot-driven automation as companies look to machines that don’t get sick to perform more and more functions. Robots have taken over tasks everywhere from restaurants to apartment buildings and hotels, where germ-blasting machines are being used to help clean rooms. New startups are also working hard to make robots more intelligent and flexible, and advances in 5G connectivity will enhance their capabilities too. That’s a theme we’ll spend time on in the upcoming episode of our CIO Next virtual event series on November 18. (You can register to attend for free here.)
I’d love to get your views on the trends and issues you think we should dig even deeper into around the crucial topic of automation, which is going to have a profound impact on the future of our economy and society.
You can send those views to me along with your tips, thoughts, questions and ideas for future issues at mgiles@forbes.com. You can also follow me on Twitter and on LinkedIn. And if you enjoy reading this newsletter please recommend it to others who may find it useful.
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