Young people might believe robots will displace humans in the workforce. Amazon doesn’t seem to think so, according to BBC, assuring us “the need for humans will always be there.”

Main point: “Amazon is ramping up the use of robots as sales growth slows and it faces pressure to cut costs.”

More about it:

  • “…three quarters of the packages delivered by the e-commerce giant have been touched by some kind of robotic system.”
  • Use of robots “is likely to hit 100%, or just about, in the next five years.”
  • “700 new types of roles have been created as the technology advances.”

Why it matters:

  • Amazon’s future operations “in the next five years is going to dwarf anything we’ve done in the last 10 years.”
  • “Companies across the supply chain are pouring money into such investments, pushed in part by difficulty finding workers.”