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Hyundai buys Boston Dynamics
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Re: Hyundai buys Boston Dynamics
#52Back in December 2020, Hyundai purchased an 80% controlling interest in Boston Dynamics from SoftBank for $880 million, part of a transaction that valued the robotics company at $1.1 billion. That agreement included a put option allowing SoftBank to sell its remaining stake to Hyundai at a later date.
SoftBank has now exercised that option.
Re: Hyundai buys Boston Dynamics
#53This is a bit disappointing, isn't it? Boston Dynamics had the coolest robots and everybody was marveling how they would take over the world eventually. Turns out the market isn't gigantic and the use cases are limited, at least for now. However, let's hope they will keep on doing cool stuff under their new owner.
I don't think that follows. Hyundai could well sell these after they've dogfooded them for a while.
Car factories seem to be a pretty good initial market, given that Tesla is doing Optimus and Figure has humanoids in a BMW factory. But the whole point is that these are general purpose robots, and there are lots of other factories. By the time that market is saturated they'll be capable of more.
Re: Hyundai buys Boston Dynamics
#54BD always felt like they had some awkward demos but never really revolutionized anything. Now they seem far behind Chinese companies. What happened?
Re: Hyundai buys Boston Dynamics
#55Earlier quoted context omitted.
You have it backwards. Hyundai, KIA, etc will knock it down to 5yrs/60K for used car buyers. Source: https://www.kbb.com/car-advice/car-warranty-guide/ Teslas new car warranty transfers as is to the new owner. Source: https://www.tesla.com/sites/default/files/blog_attachments/m...
Why would they do that? It just seems like such a bad business move without really affecting anything.
Some MBAs probably calculated that it saves more money than they would lose by pissing off used car buyers. And they want people to buy new cars.
Re: Hyundai buys Boston Dynamics
#56I still think dumping BD was one of the biggest mistakes of Sundar's career. And that's saying something.
Yeah. Google was too impatient and forced BD to productize prematurely (Spot, Handle), then dumped them when it didn't work out immediately. AI just wasn't ready yet. Imagine if Google had let BD focus on research until DeepMind was ready with the AI side of things. I think with the right joint research program they could have already been deploying humanoids today.
Re: Hyundai buys Boston Dynamics
#57I don't understand why they would implement humanoid robots instead of purpose-built robots. The human form is not the most optimal way to do most tasks, especially as it relates to manufacturing. Robots don't need to look like humans, they need to be useful . Seems like putting in an awful lot of extra unnecessary work to end up with a worse result.
I'm not sure how many times this has to be restated. It's car manufacturing. Everything that could be done by a purpose specific robot arm bolted down to the factory floor is already done by a purpose specific robot arm bolted down to the factory floor. What remains unautomated, then? The long tail of tasks that are too minor, too finicky, too open-ended or too reliant on manual dexterity to be offloaded onto traditi…
They're just one of today's lucky ten thousand.
Re: Hyundai buys Boston Dynamics
#58I still think dumping BD was one of the biggest mistakes of Sundar's career. And that's saying something.
Per this sale, BD is worth $3.25B. Just recently, Google paid $2.7B for two years of Noam Shazeer through the Character.ai deal. This seems like a small correction if they wanted to reacquire and clearly the market isn't valuing BD all that high. Why do you think it's one of Sundar's biggest mistake?
Re: Hyundai buys Boston Dynamics
#59Earlier quoted context omitted.
I'm not sure how many times this has to be restated. It's car manufacturing. Everything that could be done by a purpose specific robot arm bolted down to the factory floor is already done by a purpose specific robot arm bolted down to the factory floor. What remains unautomated, then? The long tail of tasks that are too minor, too finicky, too open-ended or too reliant on manual dexterity to be offloaded onto traditi…
But if these tasks are too minor, too finicky, too open-ended or too reliant on manual dexterity for a purpose-built robot, how can a general purpose robot perform them better? If anything, they should be doing worse. The only thing I can think of are tasks that are so rarely done, it's not economical to build a robot for. But I then I also don't see how another robot solves this problem.
Well, humans obviously do those jobs, so a clearly a general purpose robot (in this case, a biorobot) has been found to do the job better. Don't overthink it.
Re: Hyundai buys Boston Dynamics
#60Earlier quoted context omitted.
I'm not sure how many times this has to be restated. It's car manufacturing. Everything that could be done by a purpose specific robot arm bolted down to the factory floor is already done by a purpose specific robot arm bolted down to the factory floor. What remains unautomated, then? The long tail of tasks that are too minor, too finicky, too open-ended or too reliant on manual dexterity to be offloaded onto traditi…
But if these tasks are too minor, too finicky, too open-ended or too reliant on manual dexterity for a purpose-built robot, how can a general purpose robot perform them better? If anything, they should be doing worse. The only thing I can think of are tasks that are so rarely done, it's not economical to build a robot for. But I then I also don't see how another robot solves this problem.
A) the idea is that these robots do have dexterity capabilities a lot closer to human hands
B) there’s a long tail of individual tasks it’s uneconomical to build purpose-built robots for each individual task. But it’s economical to have 1 robot that can do all of them.