Robot startups see huge market in replacing human workers: ‘We can sell millions of humanoids, billions maybe’
Fortune November 5, 2023
Building a robot that’s both human-like and useful is a decades-old engineering dream inspired by popular science fiction.
While the latest artificial intelligence craze has sparked another wave of investments in the quest to build a humanoid, most of the current prototypes are clumsy and impractical, looking better in staged performances than in real life. That hasn’t stopped a handful of startups from keeping at it.
“The intention is not to start from the beginning and say, ‘Hey, we’re trying to make a robot look like a person,’” said Jonathan Hurst, co-founder and chief robot officer at Agility Robotics. “We’re trying to make robots that can operate in human spaces.”
Do we even need humanoids? Hurst makes a point of...