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However the challenge is not only a lack of jobs for would-be academics. To do research, younger students often want to find full-time academic jobs. By training more people than it may employ, the current system leaves untapped brainpower languishing.
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Regardless of the labor-saving potential of the robots, Mick Mountz, Kiva’s founder and CEO, says he doubts the machines have put many individuals out of labor or will accomplish that in the future. For one factor, he says, most of Kiva’s clients are e-commerce retailers, some of them rising so rapidly they cannot hire folks quick sufficient. By making distribution operations cheaper and more environment friendly, the robotic expertise has helped many of those retailers survive and even develop. Before founding Kiva, Mountz labored at Webvan, a web bid4papers based grocery supply company that was one of the Nineties dot-com era’s most infamous flameouts. He likes to point out the numbers demonstrating that Webvan was doomed from the start; a $100 order value the company $120 to ship. Mountz’s point is obvious: something as mundane as the price of materials handling can consign a new business to an early demise. Automation can resolve that drawback.
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