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01 / 05
How Robots Are Taking over Warehouse Work

BBC | Labor Productivity

How Robots Are Taking over Warehouse Work

“In its warehouses, Asda uses a system from Swiss automation firm Swisslog and Norway’s AutoStore. In the US, Walmart has been automating parts of its supply chain using robotics from an American company called Symbotic.

Back in Luton, Ocado has taken its automation process to a higher level.

The robots which zoom around the grid, now bring items to robotic arms, which reach out and grab what they need for the customer’s shop.

Bags of rice, boxes of tea, packets of crumpets are all grabbed by the arms using a suction cup on the end.”

From BBC.

Axios | Motor Vehicles

Waymo Debuts in Philadelphia

“Waymo vehicles are cruising on Philadelphia streets this summer, potentially setting the stage for a fully autonomous rideshare service here…

Waymo is also seeking permission from Pennsylvania’s Department of Transportation to test its automated robotaxis in Philly. If it’s granted, that doesn’t mean you can hail a driverless cab anytime soon. Testing would be conducted with a safety driver in the vehicle. No passenger transport will be offered.”

From Axios.

Bloomberg | Pollution

Mount Everest’s Trash-Covered Slopes Get Cleaned by Drones

“Human waste, empty oxygen cylinders, kitchen leftovers and discarded ladders.

Sherpas working on Mount Everest carry all that and more — 20 kilograms (44 pounds) per person — navigating a four-hour hike that traverses crumbling glacial ice and treacherous crevasses to bring trash back to base camp.

During the most recent climbing season, they had new assistance from two giant SZ DJI Technology Co. drones, which can complete the same journey in six minutes, sharing the task of clearing an expanding volume of refuse piling up on the world’s highest peak…

‘We’re very happy,’ said Lhakpa Nuru Sherpa, a 33-year-old Sherpa at local expeditions firm Asian Trekking who has reached the summit of Everest 15 times. He estimates that about 70% of the garbage usually carted off the mountain by his team was transported by drone this year.”

From Bloomberg.

Our World in Data | Financial Market Development

There Are Half a Billion Mobile Money Accounts in the World

“In 2010, there were just 13 million mobile money accounts in the world, fewer than the population of my home country, the Netherlands. By 2023, this had reached more than 640 million. That’s more than twice the total number of Netflix subscriptions worldwide…

What’s immediately obvious is how much of this growth has come from Sub-Saharan Africa; it’s home to more than half of the world’s accounts. In 2023, there were over 330 million active mobile money accounts in the region; more than one mobile money account for every four people.

What’s changed? One of the obvious drivers of this growth has been the widespread adoption of mobile phones, not just in the richest countries but across the globe. Mobile subscriptions have surged in nearly every region.

But the total number of mobile money accounts doesn’t tell us what percentage of people use mobile money. A small portion of people could each have many accounts. So instead of examining absolute numbers, let’s look at the share of people with mobile money accounts in Sub-Saharan Africa.

As the chart below illustrates, the percentage of people in Sub-Saharan Africa with a mobile money account grew rapidly, from 12% in 2014 to 33% by 2021.”

From Our World in Data.

World Bank | Economic Growth

Developing Countries Have Seen Sustained Growth Since 1987

“Since the late 1980s, the classification of countries into income categories has transformed. The number of low-income countries has steadily declined, while the number of high-income countries has increased.

This shift reflects broader global economic developments, including sustained growth in many developing countries, greater integration into the global economy, and the effects of policy reforms and international organizations’ support. In 1987, 30% of reporting countries were classified as low-income and 25% as high-income countries. By 2024, these ratios shifted to 12% low-income and 40% high-income.”

From World Bank.