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Hyundai buys Boston Dynamics for nearly $1B

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Re: Hyundai buys Boston Dynamics for nearly $1B

#41
post #29

I realize Korea is an ally, but this seems like tech we wouldn't want to lose the domestic capability to produce. Or tech we wouldn't want to cede the lead on. Why would Darpa pour so much money in for this outcome?

I wonder if we overestimate the "value" of replacing soldiers with machines...

Re: Hyundai buys Boston Dynamics for nearly $1B

#42
post #27
post #16

Earlier quoted context omitted.

Same here. I can imagine Boston Dynamics stepping into arbitrary dangerous situations ranging from construction to rescue to military to mining to anything else. Slack's tech moat is minor, network effects are not considerable (not enough companies using slack to connect to third parties) and Microsoft is destroying them.

They've been trying to sell their robots to all of those customers for years, but they're still way too expensive for the benefit. As I see it, they're a very risky venture with their value mostly being in a hypothetical bright future.

[deleted]

Re: Hyundai buys Boston Dynamics for nearly $1B

#45
post #14

It blows my mind that a chat client is worth over 26 times what Boston Dynamics is.

A casino is more profitable than a hospital.

To extend this, a casino that has built a brand has a higher profit margin than a hospital.

If I had $10 million to make something new, I might well build a hospital. I don’t claim deep knowledge of either industry, but I suspect that survivorship bias colors the lucrative casino examples we are thinking of. In contrast, a few hours with Google maps could probably turn up a reasonably profitable site for a new hospital, just based on ballpark supply and demand

Re: Hyundai buys Boston Dynamics for nearly $1B

#46
post #29

I realize Korea is an ally, but this seems like tech we wouldn't want to lose the domestic capability to produce. Or tech we wouldn't want to cede the lead on. Why would Darpa pour so much money in for this outcome?

Number one american export is USD. They don't seem to be interested in doing much beyond that..

Re: Hyundai buys Boston Dynamics for nearly $1B

#50

It blows my mind that a chat client is worth over 26 times what Boston Dynamics is.

How much value is created by the chat vs by the robots? How many more users does the chat have?

The value created by a new chat application is approximately zero.

This is a problem solved since late 1990s and is now well into extracting the diminishing returns phase. The market for chat applications is nearly zero sum game for a while.

In case of Slack, its continued losses every year is a good indicator of its zero value.

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