A fleet of six Scout robots began their working life by delivering packages to Amazon Prime customers in the Snohomish County of Washington, in early 2019.
The robots continued to operate through the coronavirus pandemic. From late-July, Amazon expanded its Scout trials to Atlanta, Georgia and Franklin, Tennessee.
Hotels are adapting the same technology. Aethon robots deliver food, room supplies or guest-requests.
For the back of house, they provide critical logistics support to enable social distancing efforts without interrupting operations.
Believe it or not, this is not new. Robots have been used for manufacturing and business operations. In the year 2020, an estimated 1.64 million industrial robots were in operation worldwide according to the International Federation of Robotics.
They pandemic rushed the progress of robotics simply because we realized the value of human life more. Sure, we need to make sure the economy keeps moving. We need orders delivered, services rendered, and demands met. But we now know they should never be at the expense of human life.
Robots make it possible.
As robots become more advanced and become capable of performing automated tasks, not only are we able to keep humans away from risk, we enable ourselves to perform higher quality tasks.
And why is Noble Gold talking about robots?
Because metals make robotics possible.
Steel and aluminum are two of the most popular metals used in robotics but it is mostly for the case of a robot. The central processing unit uses gold, silver, platinum, and palladium.
Robots for more complicated tasks also use precious metals.
Silver is still the number one option when it comes to energy supply. Gold is used in central processing systems to make data management more stable.
Even the latest developments in robotics use precious metals. Platinum is being combined with burnt paper to create new flexible materials.
And this is just a few examples of how metals power up robotics. And robotics is where we are headed to protect human life.
Robots can perform tasks that put human health and life at risk. Humans can then perform more complicated tasks.
The still ongoing and worsening pandemic is pushing its development of robots faster.
This spells another industry that will demand more metal.
Many economists or financial experts don’t take into consideration just how much this industry could grow and add to the demand of metal.
But as an investor, that’s exactly what you need to see, the future that no one else sees and then invest in it.