Thank you for your interest in our blog post. Our research indicates that robot productivity is actually increasing as robot prices decline. We believe these are important considerations that are driving businesses to automate – not only in the already well-penetrated automobile manufacturing market, but in various other industries as well. Meanwhile, as we pointed out, China has reached a stage of its development where manufacturing based on large quantities of cheap labor is becoming less and less sustainable. Demographic policies are shrinking China’s working population and we are witnessing an acceleration in wage inflation. When taken together, we believe these dynamics are compelling reasons why demand for automation and robots will not be short-lived.