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Boston Dynamics CEO talks profitability and the company’s next robots

116 pointsby sandwallover 4 years ago

9 comments

cobookmanover 4 years ago
Boston Dynamics was founded in 1992. That was almost 30 years ago.<p>Just me, or is it crazy they haven&#x27;t had 1 year of profitability in nearly 3 decades of operations.
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baneover 4 years ago
IMHO, what BD really needs is a specific target use case to build towards. Right now Spot&#x2F;Handle&#x2F;Atlas are being positioned as robotics platforms. They&#x27;re leaving it entirely up to others to figure out the use-cases based on the platform.<p>However, without a really salient use-case to demonstrate why a $75k quadruped is better than a similarly priced remote-controlled and tracked robot, it&#x27;s hard to envision how these things will take-off. The use-cases that I&#x27;ve read offered &quot;search and rescue, bomb disposal&quot; remind me of how early personal computers kept advertising &quot;recipes and electronic check balancing&quot; before they found their potential.<p>What if, and here&#x27;s a stupid example, BD knuckled down and super optimized Spot for truck-to-door package delivery. What if the driver never had to get out of the truck, stop the engine, or secure the vehicle to go walk the 30 feet down my driveway to drop off the last package I ordered? What if Spot simply grabbed the package, jumped out of the truck, dropped it on my doorstep and the ran back to the truck and repeated for all the houses on my street? What if over a period of some number of years it could be shown that this increased efficiency for a truck to more than cover the cost of the $75k robot?<p>Spot would have to be able to: - charge on the truck while in transit - autonomously identify packages it can deliver (reading barcodes) - have a GPS database of all front stoops then navigate safely to them with a package - find it&#x27;s way back to and onto the truck - alert the driver when a package is too large&#x2F;awkward for Spot to handle by itself, - know when the driver decided to deliver the package instead of Spot<p>You lose some truck volume to Spot, some batteries and a charger. But as the truck fleet electrifies, it could just use the truck batteries for some of this.<p>Let&#x27;s say each truck upwards of 200 stops on a route [1], at 1 minute per stop. A Spot enabled truck could drop that down to 30 seconds per stop. At the upper end (200 stops per route) that saves more than 1 hour of delivery time. Assume we&#x27;re not trying to increase the carrying capacity of the truck, but reduce the hours worked per driver. UPS drivers make around $32&#x2F;hr [2]. With Monday - Saturday delivery, that&#x27;s about $10k per year per driver saved. At current Spot prices, that&#x27;s about 8 years of operational service to pay for a Spot. Assume at volume the price per Spot can drop down to $50k per robot. Then that&#x27;s a 5 year return.<p>Let&#x27;s say that this system works for $35% of all UPS and Fedex routes (delivery to single homes and townhouses) and there&#x27;s one truck per route.<p>Fedex - ~30,000 total trucks = 10,500 Spot enabled trucks<p>UPS - ~100,000 vehicles = 35,000 Spot enabled trucks<p>Total of 45,500 Spots = market of $3.4billion for BD at $75k per Spot, $2.27b at $50k. BD could probably do somewhere in the middle if they just leased the fleet of Spots, and provided managed maintenance, upgrades, and other services. What if USPS could take part in this, they operate ~140,000 LLV (mail trucks)?<p>Now let&#x27;s say these fleet delivery operators get self driving delivery trucks. How much of all package delivery could be handled by an automated truck + spot system and how much does that save UPS&#x2F;Fedex in salary? There&#x27;s no point making the trucks self-driving if the last leg of delivery isn&#x27;t solved since they then have to pay a premium for the trucks and still pay for the delivery human, so a Spot-like solution would have to happen first.<p>1 - <a href="https:&#x2F;&#x2F;www.quora.com&#x2F;How-many-stops-does-the-average-FedEx-drive-make-for-residential-deliveries?share=1" rel="nofollow">https:&#x2F;&#x2F;www.quora.com&#x2F;How-many-stops-does-the-average-FedEx-...</a><p>2 - <a href="https:&#x2F;&#x2F;www.glassdoor.com&#x2F;Salaries&#x2F;ups-driver-salary-SRCH_KO0,10.htm" rel="nofollow">https:&#x2F;&#x2F;www.glassdoor.com&#x2F;Salaries&#x2F;ups-driver-salary-SRCH_KO...</a>
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reizorcover 4 years ago
I really wish they&#x27;d make tree planting robots
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AniseAbyssover 4 years ago
Its not really an issue for the US but in Europe the population is aging. That leaves Africa or robots. Companies like Boston Dynamics will be very profitable indeed in the next decades.
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deeglesover 4 years ago
Seriously, I wonder how the engineers there will feel when these are sold to the military or the police and weaponized. Maybe they say they won&#x27;t now, but to say it will never happen is wishful thinking IMO.
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chr1over 4 years ago
Would be cool to have a mobility device based on their handle robot (the one with wheels). Basically a hybrid of bicycle and wheelchair that can go over stairs, and be safer in case of accidents on the road.
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zepearlover 4 years ago
Even if they seem to work quite well, I always disliked a lot the design of the robots of BD.<p>They look very weird, and how they move isn&#x27;t much better =&gt; I always have a hard time when trying to keep watching one of their videos :P
bamboozledover 4 years ago
Is it just me or is the next robot already a drone?<p>Why walk when you can fly?
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unixheroover 4 years ago
I actually wosh they would stop.
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