Now that the world has had some time to digest the earliest data surrounding COVID-19’s initial impact, it is very clear that disruption of this level is not something that increasingly globalized economies were prepared to handle. Robotics and Automation, already ascendant for several years now, is already being taken much more seriously than it had been before. In the aftermath of such a destructive viral outbreak, the most pressing questions about economic security will now revolve around firms’ investments in automation – particularly those with applications in warehouses, factories, and other logistical structures.
Related ETF: Global Robotics & Automation ETF (ROBO)
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