Amazon automates package delivery with human-like robots
cnbc.com —
Amazon is developing human-like robots for package delivery, aiming to automate $200 billion in logistics costs. This move is part of a broader strategy to reduce expenses and increase efficiency. The company is testing AI-powered humanoid robots to deliver packages directly from Rivian electric vans, potentially cutting delivery times and labor costs. Morgan Stanley estimates this automation could save Amazon 35% of its online retail revenue. Analysts predict these robots will boost Amazon's already dominant 30% share of the U.S. parcel delivery market. The company's stock rose on Friday, reflecting investor optimism about the automation strategy.