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Hyundai buys Boston Dynamics for nearly $1B

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Re: Hyundai buys Boston Dynamics for nearly $1B

#53
post #40
post #9

Makes sense. South Korea, where Hyundai is based, has by far the most robots per manufacturing employee [1]. They will make good use of the technology. [1] https://specials-images.forbesimg.com/imageserve/5f719cf9f44...

Feels like we said this about previous buyers. All I'm seeing is another sucker to keep the money rolling for more of these sweet viral robot demos that never seem to materialize into much of anything.

Keep in mind that “previous buyers” is a very small sample size, and there are a huge number of contributing variables. It is certainly not guaranteed to work out, but given the value of really nailing a leap in the space, the price does not seem like an unreasonable gamble

Re: Hyundai buys Boston Dynamics for nearly $1B

#54
post #38

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

Me too, though I urge everyone to avoid jumping from a gut feeling to judgements about what each “should” be worth without being explicit about the philosophy that determines your “should”. There are lots of ways to determine value. I do not think that we are ever going to come to a consensus on the best one, but at least we can strive to understand and be understood.

This is a sale price, so the value is 'money value' and thus a financial issue. The 'philosophy' behind what determines it is quite clear:

What's the balance sheet of the company? What's its profit? What's its potential for growth and rise in profit? How desperate are the current owners?

Re: Hyundai buys Boston Dynamics for nearly $1B

#56

A neat reminder that most Mergers and Acquisitions are money losing and that robots on legs are a neat idea but mostly useless

Legs are an over-engineered solution if your only use-case is a nice, flat surface. Outdoors, or even indoors with random flights of stairs thrown in, they make sense as a robust and effective solution.

Having spider legs could be more versatile, but who would want giant robot spiders hanging around..

Re: Hyundai buys Boston Dynamics for nearly $1B

#57

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?

In pondering about this question one should keep in mind that economic value is not the same thing as financial value.

Re: Hyundai buys Boston Dynamics for nearly $1B

#58

Earlier quoted context omitted.

Legs are an over-engineered solution if your only use-case is a nice, flat surface. Outdoors, or even indoors with random flights of stairs thrown in, they make sense as a robust and effective solution.

That’s why I said mostly

So the question is whether “most“ of long term robotics applications are on a simple flat surface or not. I truly do not know, but presumably they have some ideas in mind

Re: Hyundai buys Boston Dynamics for nearly $1B

#59
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..

That won't last long. Everyone else wants that role gone. Crypto, RMB, ...

Re: Hyundai buys Boston Dynamics for nearly $1B

#60

Earlier quoted context omitted.

Legs are an over-engineered solution if your only use-case is a nice, flat surface. Outdoors, or even indoors with random flights of stairs thrown in, they make sense as a robust and effective solution.

That’s why I said mostly

I know its easy to forget during a pandemic, but the world is mostly outdoors.
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