Tech
The Rise Of Robots | CNBC Marathon
CNBC Marathon explores the rise of robots and how they are changing the economy.
A robot named Flippy runs the fry station at a White Castle outside of Chicago. White Castle said it plans to add 100 Flippy’s to its kitchens nationwide. Up to 82% of restaurant positions could, to some extent, be replaced by robots. Automation could save U.S. fast food restaurants over $12 billion in annual wages. And restaurants are also struggling to find workers. American restaurants are down more than 560,000 jobs or about 4.6% of its workforce from their pre-pandemic levels. So what impact will robots have on the fast food industry and the livelihood of its workers? CNBC got a behind the scenes look at restaurant robot maker Miso Robotics to find out.
SoftBank-funded Zume, formerly a robotic pizza start-up, is now making compostable packaging out of agricultural waste, creating a closed-loop system for customers. The $274.2 billion dollar sustainable packaging market is expected to grow to $413.8 billion by 2027, according to Grand View Research. Zume has re-commissioned its fleet of robots to compete in this growing industry. CNBC got a first look inside Zume’s packaging plant, and sat down with Zume Chairman and CEO Alex Garden to learn how compostable products could help solve the plastic waste problem.
Boston Dynamics has sparked the imaginations of the general public with its viral YouTube videos, but the company is now hoping to get the attention of paying customers. Initially, Boston Dynamics received a lot of its funding from the U.S. military and DARPA. Later, it was financed by big-name owners including Google, SoftBank and most recently, Hyundai. All of these companies have tried to steer the robot maker on a path to commercialization, and Boston Dynamics is finally getting there. CNBC got a rare look at Boston Dynamics’ office in Massachusetts, where the team showed off two of the robots they are working to commercialize: Spot and Stretch.
Chapters:
00:00 — Introduction
00:39 — Will Robots Replace Fast Food Workers? (Published January 2023)
11:36 — Hyped Pizza Robot Company Is Now Tackling Our Plastic Waste Problem (Published June 2021)
24:52 — How Boston Dynamics Is Building Its Robot Empire (Published October 2021)
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The Rise Of Robots | CNBC Marathon
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BMW debuted its refreshed version of the 7 Series sedan, the brand’s full size flagship vehicle in April. It’s the most extensive update BMW has undertaken. The company’s North American boss said it won’t give up on sedans, even though many other luxury and premium automakers have. SUV’s now outsell sedans by a pretty wide margin–especially in the full-size category. In addition, BMW’s X7 SUV is made in South Carolina, while it’s 7-Series is imported from Germany. That puts tariff pressure on it. BMW’s North America head Sebastian Mackensen says sedans still matter to the brand and the 7-Series still represents “the pinnacle of what we produce”.
Reporting by: Robert Ferris
Editing: Darren Geeter
Camera: Natalie Rice, Macklin Fishman
Senior Director of Video: Lindsey Jacobson
Additional Footage: Getty Images, BMW
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Why BMW Is Still Investing In Big Sedans
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Kevin Warsh, if confirmed, may be the wealthiest Federal Reserve Chairmen in U.S. history. His financial disclosures indicate holdings of over $135 million. The paperwork indicates stakes in emerging companies like Polymarket and SpaceX, governance roles at companies like Coupang and UPS, alongside vast investments in funds tied to Warsh’s time working with Stanley Druckenmiller. CNBC’s Matt Peterson explains how his experiences could inform forthcoming Fed decisions.
Reporter: Matt Peterson
Produced and Edited by: Carlos Waters
Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty Images
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Trump’s Pick Kevin Warsh Could Become The Wealthiest Fed Chair In U.S. History
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For its first 30 years, Nvidia wasn’t a household name unless you were a gamer. Now, some of its original fan base feel left behind now that AI has made the chipmaker into the world’s most valuable company. Nvidia popularized the graphics processing units, or GPUs, that make the best video game play possible and gamers saved Nvidia from near bankruptcy when it bought the company’s first GPU in 1999. Twenty seven years later, 2026 may be the first year Nvidia doesn’t release a new GeForce gaming GPU – and a new AI-powered rendering software called DLS55 caused a major backlash among gamers when CEO Jensen Huang unveiled it at GTC in March. With more than 91% of revenue coming from data center chips, and a global memory shortage, it’s no surprise that Nvidia has prioritized the highly profitable Blackwell and Rubin GPUs over its GeForce RTX line – although Nvidia tells CNBC that gamers remain “hugely important.”
Produced by: Katie Tarasov
Edited by: Darren Geeter
Senior Director of Video: Jeniece Pettitt
Animation: Jason Reginato, Emily Park
Additional Footage: Getty Images, Nvidia, AMD
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How Nvidia Left Gamers Broken Hearted In The Era Of AI
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The Navy Exchange, which is owned by the U.S. government, has long provided discounted, tax free goods to military members and their families. The profits all go back to helping to improve welfare programs for those enrolled in the Navy, but, in recent years, sales have declined and is now in the process of renovating its stores with planned investments of around $100 million across its fleet of stores to better compete with major e-commerce players.
Produced and Shot by: Ryan Baker
Edited by: Darren Geeter
Additional Camera by: Magdalena Petrova
Reporter: Gabrielle Fonrouge
Animation by: Jason Reginato, Emily Park
Senior Managing Producer: Tala Hadavi
Additional Footage: Getty Images, Nexcom
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How The Navy Exchange Is Fighting To Win Back Shoppers From Amazon And Walmart
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Grocery stores like Kroger are using AI to help find value for perishable food that would otherwise end up in the trash. The data being generated by Flashfood and companies like it are giving retailers insights into consumer behaviors like showing what products will sell, at what price and at what point they are in their shelf life. CNBC’s Brandon Gomez looks into this growing technology.
Produced, Shot and Edited by: Natalie Rice
Reporting by: Brandon Gomez
Animation: Jason Reginato, Christina Locopo
Senior Director of Video: Lindsey Jacobson
Additional Footage: Flashfood, Getty Images
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How AI Is Helping Grocery Shoppers Save Money
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