Online retail – and logistics – giant Amazon is planning to employ more robots than humans and expects its robotic workforce to outnumber its human employees in seven years.
This is according to comments by Cathie Wood, founder and CEO, ARK Investment Management, which has more than $14 billion worth of assets under management.
Speaking on CNBC’s Squawk Box show, Wood said: “Amazon is adding about a thousand robots a day. [Read more…] about Amazon to employ more robots than humans