Forbes October 1, 2019
It’s always the most advanced and imaginative technology that seems to get the most press. But automation at its heart is not about the fanciest, most fringe robotics or inventions. It’s something much simpler.
The U.K.’s Office for National Statistics agrees: “It is not so much that robots are taking over, but that routine and repetitive tasks can be carried out more quickly and efficiently by an algorithm written by a human, or a machine designed for one specific function.”
The benefits of a machine that can increase speed and efficiency are clear. The question is whether it’s a plausible investment both in terms of the learning curve as well as cost.
Bigger companies traditionally benefit more from new technology...