by Packy McCormick
October 25, 2022 1:49 am
Tech strategy and finance through the stories of companies big and small.
Formic delivers Robots by the Hour to manufacturers. It’s making small and medium American businesses stronger, fighting inflation, and creating abundance
Link to full essay here.
The goal is abundance.
We want more and better things, more cheaply. We want those things to be made closer to home. We want less fragile supply chains, so that those things are always available when we need them. We want more good jobs, and more time unlocked to maximize our human potential.
Over the long-term, there are a lot of things we can do to create abundance. Generate clean, cheap, renewable electricity. Improve the education system. Build more houses. Change laws.
In the immediate term, the answer is robots.
Formic is creating the largest workforce of robots in the country — and delivering Robots by the Hour to its customers, so that they can increase productivity and generate abundance.
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