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Josh Wolfe: The ChatGPT of Robotics is Coming
Odd Lots
Focus on Maintenance vs. Growth in AI and Infrastructure
The future of AI is uncertain, with new models constantly emerging on open source platforms, and companies like Apple and Amazon making significant strides. However, the venture industry is experiencing a downturn, leading to lower future returns in AI due to high valuations. Lux has decided to focus on AI in the physical world, particularly in biology, robotics, and maintenance rather than growth. While many have been focusing on funding growth, there is a significant need to invest in maintaining trillions of dollars worth of assets in infrastructure like hospital systems and buildings.
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