3 ms·
There have been so many problems with investing in Robotics. The collapse of Rethink Robotics (led by none other than Rodney Brooks) and Jibo and Anki as well a
by rexreed 6y ago
There have been so many problems with investing in Robotics. The collapse of Rethink Robotics (led by none other than Rodney Brooks) and Jibo and Anki as well as many others leaves one wondering about long-term investor commitment to robotics.
Listen to this podcast on the subject of challenging investing climate in robotics: https://www.cognilytica.com/2020/07/08/ai-today-podcast-whats-happening-with-robotics/ https://www.cognilytica.com/2020/07/08/ai-today-podcast-what...
Just an alternate non-hypey, non-rosey, non-theoretical, non-SV perspective on what is actually happening in the robotics industry.
- ivankirigin 6y agoThanks for sharing, I'll check out the show. Robotics has a lot of different areas. I think it's safe to describe self driving, drones, and delivery as very actively under development. It's not obvious who will win. Then you get more industrial applications that attack a specific vertical, like in farming and construction. Generally when it comes to autonomy, the application needs to work on top of hardware that works. I think that is the core reason why progress is hard: two different very hard problems to solve.
- Animats 6y agoThere have been so many problems with investing in Robotics. Robots usually replace minimum wage people. In countries with a big underclass, they're not cost effective. Robotic milkers, are big in New Zealand and Holland. In the US, the dairy industry is whining for more visas for low-wage immigrant labor.[1] [1] https://www.dairybusiness.com/ag-labor-shortage-fix-offered-for-dairy-industry/ https://www.dairybusiness.com/ag-labor-shortage-fix-offered-...