The Robot Baristas Are Coming

We’ve commented a few times in recent letters on one of the pandemic’s most noteworthy effects: what’s come to be known as “the Great Resignation.”  It’s visible economy-wide, as it includes both early retirements and reassessment of family lifestyles — care for children and elderly relatives.  It is making geographic Read more…

Capex and Robots

We mentioned above the robotics companies could be key beneficiaries of accelerated capex spending made by U.S. corporates flush with cash from bond and equity raises last year.  A Bain Capital reports notes that between now and 2030, American companies are expected to invest some $10 trillion into automation.  The Read more…