Figure, a new startup, is working on a similar humanoid robot. They just raised $675 million from Jeff Bezos, Nvidia, and Microsoft [1]. Not sure about their chances of succeeding. On the other hand, as a non-American, I admire that the USA is seemingly the only place where people get funding for wonky ideas that sometimes become very successful. 1- https://www.cnbc.com/2024/02/29/robot-startup-figure-valued-...
imho, Nobody does capitalism better than the Americans the South Koreans, and the Japanese(I guess because of the lack of natural resource in their geographies for KR/JP?). I've been privileged enough to build in those countries for an extended period of time, and work with builders in many other countries. I strongly believe nobody bruit forces ideas into existence better than them, they make the resources happen in…
There's a flip side to South Korea's chaebol-centric economy, however. South Korea's national security situation is extremely dangerous, so in fact one of the reasons for the industrial policy has been to maintain a domestic defense industrial base so that they aren't dependent on arms imports from Western countries. Accordingly, most of the South Korean chaebols have a significant presence in the arms industry. In recent years, this sector has expanded, with South Korea becoming one of the world's leading arms exporters.