More Warehouse Robots Coming To Market As Softbank Invests $20M In Fetch
Hallie Siegel writes: Japanese Softbank just injected $20M in funding to Fetch Robotics, a Silicon Valley company that is developing robotic solutions for warehouse and logistics. This is one of the first warehouse systems that is coming to market since Kiva. Softbank is also invested in Aldebaran Robotics, producing the Pepper robot — a social humanoid robot that is scheduled to make its debut in Nestle stores later this year as a sales and marketing assistant.
Stop Trying to Make Fetch Happen
Once again, I misread the headline and was disappointed by the real story.
Having recently visiting Japan I find these unskilled human replacement robots quite intriguing. Despite the fact that Japan has terrible demographics resulting in a growing shortage of workers, they have a huge number people doing quite pointless jobs such as the ubiquitous greeter in almost every store, teams of traffic controllers outside construction sites, and more staff at a regional train station than you would find at Oxford Circus during rush hour.
I discussed this with a Japanese person who commented that there is a shortage of work for unskilled workers, so they basically make up these jobs so that everyone can be employed. The real worker shortage, as everywhere in the world, is among the skilled and highly skilled and even Japan cannot create enough of these workers through its education system.
That is ultimately the problem I have with how these robots fit into our existing economic system. They are not replacing the skilled jobs that we are desperately short of (which is pushing skilled salaries up) and are simply competing with people who really can't do much else (which will push their salaries down to the marginal cost of a robot - which will be very bad for them once robots can make robots). Now in Japan they have the sort of weird social structure to support made up jobs rather than put people out on the street, but sadly I don't think the same will apply to western workers.
For us tech workers things will be very good, but having come from a working class background it really troubles me what is going on. The reality is that robotics should mean more prosperity for everyone, but if we stuff it up we will likely just end up with the same class based society that strangled growth in the world for centuries before the oppressed workers of the world ran away to the USA. Unfortunately we've run out of new continents to escape to so we'll have to fix this one among ourselves. I hope tech people start thinking about this stuff. We sadly have a long heritage of creating amazing stuff and then letting a bunch of narcissist use what we've done to feed their own greed. But hey, as long as we have a foosball table in the office right?