Tesla’s bot non-disclosure and why humanoid robots are taking off
Oct 16, 2024
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Brian Heater, TechCrunch's hardware editor and robotics expert, delves into Tesla's recent robot reveal at a robotaxi event, where Optimus bots surprised guests with their interactions, albeit remotely controlled. He discusses the booming market for humanoid robots, nearing $1 billion in funding, and the expected rise of robots in manufacturing and households. With companies like BMW and Amazon testing humanoid solutions, the conversation touches on adapting these robots for daily tasks, particularly for the elderly, and the safety standards needed for their integration.
Tesla's recent robot showcase raised transparency concerns due to remotely controlled elements, highlighting the industry's need for honest demonstrations.
Investment in humanoid robotics is surging towards $1 billion this year, with significant applications expected in factories and for assisting the elderly.
Deep dives
Humanoid Robots Beyond Tesla
Although Tesla's Optimus bot has garnered significant attention, there are numerous other companies actively developing humanoid robots, often without the same publicity. The podcast highlights that while Tesla presented some advancements, many elements of their show were revealed to be remotely controlled, raising questions about the authenticity of their demonstrations. The issue of transparency in robot demonstrations is emphasized, with comparisons made to other companies like Boston Dynamics that showcase their technology in more honest formats. This lack of disclosure, especially regarding the capabilities of Tesla's bots, risks misleading the public and investors about the actual state of the technology.
Investor Confidence and the Humanoid Robot Market
Investment in the humanoid robotics sector has surged, reaching nearly $1 billion in venture capital funding this year alone, driven by automation needs intensified by the pandemic. With industries like Amazon leading in robotics adoption, the technology's potential to integrate into existing factory setups is particularly noteworthy. The podcast discusses how humanoid robots are poised for practical applications in environments built for human workers, known as brownfield factories, which may simplify their integration. The excitement around generative AI further fuels investor interest in humanoid technologies that can assist in various capacities.
Safety Concerns and Regulatory Challenges
The discussion touches on the critical need for robust safety standards as humanoid robots become more prevalent in workplaces and possibly homes. Concerns are raised regarding the safety of deploying humanoid robots, especially when they are expected to work alongside humans, necessitating regulatory scrutiny. The importance of involving regulatory bodies in defining safety protocols is emphasized, as current automation primarily operates in secured environments to protect workers. As the technology advances, there is a call for open discussions about the balance between innovation and safety, particularly to prevent potential accidents in both industrial and domestic settings.
Future Prospects and Market Reality
While there is optimism about the future application of humanoid robots, especially in factories and assistance for aging populations, the podcast casts a realistic lens on timelines for widespread adoption. Predictions from industry analysts suggest a notable increase in humanoid robots by 2050, yet skepticism persists about the feasibility of such projections, considering past overestimations. The challenges inherent in creating versatile, affordable humanoid robots for everyday use, particularly in homes, are acknowledged as substantial hurdles. Overall, while advancements are expected, the timeframe for seeing meaningful integration of robots into society may still be decades away.
At Tesla’s robotaxi reveal event last week, several Optimus humanoid robots mingled with guests, pouring drinks and cracking jokes. Impressive technology, but the vocals and some of the gesticulations appear to have been remotely controlled by humans, something Tesla did not disclose.
Today on Equity, Rebecca Bellan chatted with TechCrunch’s hardware editor Brian Heater about Tesla’s Optimus bots, the market opportunity for humanoid robots, and other companies that are leading the charge in this industry.
We'll dive into:
A CBInsights report which found that funding in 2024 already reached new highs for humanoid robots and PitchBook data that suggests funding into humanoid robot companies has reached close to $1 billion as of October.
Where we're most likely to see humanoid robot applications in the coming years. Automakers like BMW plan to deploy startup Figure’s robots at their plants, and Amazon, which has been a huge proponent of robotics for over a decade now, has tested Agility’s digit robot at its warehouses.
When we could see humanoid robots enter homes. Some companies plan to have their robots help older folks with household tasks like Kind Humanoid.
Equity will be back on Friday with our weekly news roundup, so we'll talk to you then!
Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday.
Subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod. For the full episode transcript, for those who prefer reading over listening, check out our full archive of episodes over at Simplecast.
Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products.
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