Our long-term goal is to build machines that are as intelligent as humans
that's what we want to build in the long term and
robotics for us is
a
path to get there. We believe that the core of
Human intelligence is being able to understand our physical world and being able to manipulate our physical world. So we do research on
General intelligence this intermediate products from our research. We put into our factory robots and that make them smarter and
we keep turning the kind so that
We do more research which produces better more intelligent robots
which we deploy in more varied situations and the idea is to keep going like that and
the business model is to rent these robots out we have now tens of robots deployed in the field.
You know, producing things as we speak. So we are looking at many different applications in
warehouses and factories
and we we focus on tasks that are more complex than just picking it is it is not just picking from a
Bin or tote. It's more about
picking and manipulating that object and
placing them precisely or assembling them to make something and you know this the
The easier examples of that are packing into a box or packing into a packaging or doing
micro assembly onto a printed circuit board that will be a more complex example of that and these are all
applications that are at various stages of deployment
And even before the crisis our customers were looking into robotics not I say
You know, replacement of labor and more.
They were they were struggling to find enough people to work to expand their business
Of course with the crisis that demand has in some ways accident because it is it is hard to find
workers and people are you know falling sick and
you can think of it also in analogy to
agriculture if you think about how agriculture has changed over
decades and you know over centuries actually it has gone from
more than you know ninety percent of the
Workforce being employed in agriculture to less than five percent being employed in agriculture
And that's because a lot of automation industrialization of Agriculture
And we can also see that that is why our food supply. We you know, even through the crisis we are not worried about
Food security as much and it is also showing us that we don't have to fear
Automation and in robots as taking away jobs
because what you are going to have is a much robust production line much robust production line and also
Expanded opportunities. That's the way it is going to happen
Of course
we have to
Take care of the disruption and how quickly it happens and we have to take care of the people who might be affected etcetera
but it is it usually happens that in the end state we have increased opportunity and
impetus for business