Rise of the Robots Is Sparking an Investment Boom

Editor’s Note: This story is publishing in partnership with the Financial Times. It originally appeared in the series Robots: Friend or Foe. An army of robots is on the move. In warehouses, hospitals and retail stores, and on city streets, industrial parks and the footpaths of college campuses, the first representatives of this new invading force are starting to become apparent. “The robots are among us,” says Steve Jurvetson, a Silicon Valley investor and a director at Elon Musk’s Tesla and SpaceX companies, which have relied heavily on robotics. A multitude of machines will follow, he says: “A lot of people are going to come in contact with robots in the next two to five years.” The arrival of the robots—and their potentially devastating effect on human employment—has been widely predicted. Now, the machines are starting…


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