Earlier quoted context omitted.
The South Korean position locally is actually not that challenging in a particular sense, despite typical media exaggerations. It's almost straightforward. SK has strong economic and cultural ties to its neighbors that can be accessed to stabilize relations if needed. North Korea is not really a liability in itself. KJU has been acting consistently towards opening up the North Korean economy on NK's own terms, which…
South Korea has been a stalwart US ally for many years. While you're right that relations with NK and China have softened, and calling them challenging is probably an overestimation, the US is far from a bit player in the region. Like any democracy, you have continents of folks that want to cozy up to China, and others that trust the history of their relationships with the US and Japan.
Hyundai acquires controlling stake in Boston Dynamics for $880M
71–80 of 146 posts
Re: Hyundai acquires controlling stake in Boston Dynamics for $880M
#72Re: Hyundai acquires controlling stake in Boston Dynamics for $880M
#73Normally tech companies tend to be overpriced, but $880M for 80% of Boston Dynamics (total value of $1.1 billion), doesn't that seem a little low? Other tech companies can seemingly lose millions, as long as there's an advertising or data-mining angle to the product. Because Boston Dynamics aim to actually create physical products they then get valued lower?
> Normally tech companies tend to be overpriced According to what criteria?
Re: Hyundai acquires controlling stake in Boston Dynamics for $880M
#74Re: Hyundai acquires controlling stake in Boston Dynamics for $880M
#75Earlier quoted context omitted.
The South Korean position locally is actually not that challenging in a particular sense, despite typical media exaggerations. It's almost straightforward. SK has strong economic and cultural ties to its neighbors that can be accessed to stabilize relations if needed. North Korea is not really a liability in itself. KJU has been acting consistently towards opening up the North Korean economy on NK's own terms, which…
I don't believe the least bit that there are more than a few people in South Korea who believe that they are living 'in a way dictated by fears of the American empire'. I say this as someone living in a region where the 'local neighborhood' also has its challenges in the form of a wannabe world power local authoritarian hegemon. Alliances, including the one with the US, are seen as paramount for security and long-ter…
Re: Hyundai acquires controlling stake in Boston Dynamics for $880M
#76These are one of the few times I can say that I don't care if Boston Dynamics are making money as yet. Boston Dynamics are one of the few real serious players in the robotics space worldwide doing deep R&D. Hyundai are basically paying for the BD Labs research. And they are well positioned to reap the products and techniques from the lab with their own manufacturing and engineering prowess and experience over the nex…
Great for Hyundai. Not such a good ROI for the taxpayers who kept BD afloat with decades of DARPA funding.
Re: Hyundai acquires controlling stake in Boston Dynamics for $880M
#77Earlier quoted context omitted.
Assess the DARPA funding as a portfolio.
“DARPA Awards Moderna Therapeutics a Grant for up to $25 Million to Develop Messenger RNA Therapeutics” (2013) https://investors.modernatx.com/news-releases/news-release-d...
https://investors.modernatx.com/news-releases/news-release-d...
Re: Hyundai acquires controlling stake in Boston Dynamics for $880M
#78Re: Hyundai acquires controlling stake in Boston Dynamics for $880M
#79These are one of the few times I can say that I don't care if Boston Dynamics are making money as yet. Boston Dynamics are one of the few real serious players in the robotics space worldwide doing deep R&D. Hyundai are basically paying for the BD Labs research. And they are well positioned to reap the products and techniques from the lab with their own manufacturing and engineering prowess and experience over the nex…
Robots that build cars seem most likely? Not sure how many staff your average car factory has, but due to sheer product complexity it's still more than other industries like food manufacturing. Maybe we'll see vast car factories, churning out thousands of cars per day, with only a half dozen staff in years to come?
Looking at the wider group, I would think there's lots of roles for robotics in construction. Delivery of heavy items across uneven terrain or up stairs - may be something like a robotic hod carrier.
Re: Hyundai acquires controlling stake in Boston Dynamics for $880M
#80They've gone from Google -> Softbank -> Hyundai in a few years. Does anyone know where their revenue is coming from currently? For all the flashy videos they put out, you so rarely see them that I'm not sure if they're just doing well on the B2B side (warehouse automation? military contracts?), or if they've been in the red for the last decade.
> They've gone from Google -> Softbank -> Hyundai in a few years. I was a contractor at Google when the Google//Boston Dynamics was happening, I now work//live in Silicon Valley, I grew up in MA, so I've been mildly following the story. Is this sort of pinball "normal"?