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" ... Home Improvements. Thanks to the U.S. tax overhaul, business folks can immediately expense capital spending, such as for new forklifts or blast furnaces. So they no longer have to gradually take the break spread over several years for something they did in 2018. ... "
" ... Many organizations are already doing this. They’re using driverless forklifts to pick and move goods around the warehouse, robotics in manufacturing, or are looking at autonomous vehicles to transport packages, and drones for last-mile delivery. ... "
" ... On a sprawling 97-acre lot beside railway tracks and auto repair shops in a section of eastern Long Island that’s definitely not the Hamptons, forklifts maneuver through a neatly organized salvage yard, moving everything from weathered pickup trucks to an almost-new Lotus coupe. This is no ordinary junkyard. Everything is coordinated electronically: The forklift drivers follow a meticulous schedule laid out on a tablet. Each car, be it a lightly battered BMW or a totaled Toyota, has a numerical code on the windshield so it can be digitally identified, inventoried and then moved to its corresponding spot in the sales area. In the squat, one-story building out front, customers who bought a vehicle online wait to pick up their newly purchased wreck after scanning a QR code on their phones. ... "
" ... Since then, autonomous forklifts are having a moment. The underlying technologies, such as sensors, have become more affordable, while computing power is no longer an obstacle. Meanwhile, the demand from warehouses has increased as online shoppers demand speedy deliveries. ... "
" ... We helped a financial data firm increase usage by 300%. This was very low-hanging fruit. We are also investing in some unusual hardware companies, companies that have strong mechanical capabilities and products, but do not have computer vision. We invested in, for example, a forklift company that makes great forklifts, but they do not have autonomy. Now, we cannot build autonomy, because we’re not vehicle engineers, but we can consult them to help them either acquire the right company, or partner with a university. So, we’ve discovered this “AI value-add” is quite valuable and we can apply it in ways that investors usually do. So, when they make money, we make money. Our first few deals have been very encouraging, very exciting. ... "