AIRLINK 75.75 Increased By ▲ 0.50 (0.66%)
BOP 5.13 Increased By ▲ 0.02 (0.39%)
CNERGY 4.48 Decreased By ▼ -0.12 (-2.61%)
DFML 33.75 Increased By ▲ 1.22 (3.75%)
DGKC 90.60 Increased By ▲ 0.25 (0.28%)
FCCL 22.84 Decreased By ▼ -0.14 (-0.61%)
FFBL 33.60 Increased By ▲ 0.03 (0.09%)
FFL 9.99 Decreased By ▼ -0.05 (-0.5%)
GGL 11.14 Increased By ▲ 0.09 (0.81%)
HBL 115.45 Increased By ▲ 0.55 (0.48%)
HUBC 137.49 Increased By ▲ 0.15 (0.11%)
HUMNL 9.52 Decreased By ▼ -0.01 (-0.1%)
KEL 4.66 No Change ▼ 0.00 (0%)
KOSM 4.75 Increased By ▲ 0.05 (1.06%)
MLCF 40.60 Increased By ▲ 0.06 (0.15%)
OGDC 139.50 Decreased By ▼ -0.25 (-0.18%)
PAEL 27.61 Decreased By ▼ -0.04 (-0.14%)
PIAA 25.10 Increased By ▲ 0.70 (2.87%)
PIBTL 6.85 Decreased By ▼ -0.07 (-1.01%)
PPL 125.00 Decreased By ▼ -0.30 (-0.24%)
PRL 27.62 Increased By ▲ 0.07 (0.25%)
PTC 14.30 Increased By ▲ 0.15 (1.06%)
SEARL 62.91 Increased By ▲ 1.06 (1.71%)
SNGP 73.35 Increased By ▲ 0.37 (0.51%)
SSGC 10.55 Decreased By ▼ -0.04 (-0.38%)
TELE 8.85 Increased By ▲ 0.07 (0.8%)
TPLP 11.80 Increased By ▲ 0.07 (0.6%)
TRG 67.00 Increased By ▲ 0.40 (0.6%)
UNITY 25.21 Increased By ▲ 0.06 (0.24%)
WTL 1.44 No Change ▼ 0.00 (0%)
BR100 7,834 Increased By 31 (0.4%)
BR30 25,843 Increased By 26.8 (0.1%)
KSE100 74,780 Increased By 249 (0.33%)
KSE30 24,051 Increased By 96.4 (0.4%)

Amazon.com Inc Chief Executive Jeff Bezos said on Thursday he expects there will be commercial robots in the next 10 years that can grasp items as reliably as humans, a development that could lead to the automation of warehouse jobs around the world. The remark, made on stage at Amazon's "re:MARS" conference in Las Vegas, underscored how companies and university researchers are rapidly developing technology to perform human tasks, whether for elder care in the home or for the picking and stowing of goods in retail warehouses.
"I think grasping is going to be a solved problem in the next 10 years," he said. "It's turned out to be an incredibly difficult problem, probably in part because we're starting to solve it with machine vision, so (that means) machine vision did have to come first." The company has said it views automation as a way to help workers.
Still, Amazon is known for its drive to mechanize as many parts of its business as possible, whether pricing goods or transporting items in its warehouses. It employs hundreds of thousands of people, many of whose primary task is grasping, scanning and placing customer orders. A variety of companies other than Amazon have also rolled out robotic hands for limited warehouse pilots.
In the on-stage interview, Bezos also discussed Project Kuiper, Amazon's recent bet to launch thousands of satellites to expand broadband internet access, which he said was "close to being a fundamental human need."
"It's also very good business for Amazon because it's (a) very high capex undertaking; it's multiple billions of dollars of capex," he said. "Amazon is a large enough company now that we need to do things that if they work can actually move the needle." Asked whether people ever say "no" to Bezos, the world's richest person and a famously scrupulous boss, he joked, "No! Certainly not twice. No, seriously, I do get told 'no' all the time. I seek it out."

Copyright Reuters, 2019

Comments

Comments are closed.