Marc Andreessen

They're leading edge technology. And the cars are getting to be really good. And they're a third the price or a fourth the price of the equivalent car in the U.S. And then the fourth phase is robots. And if you have the supply chain for phones, drones and cars, you have most of what you need to do robots. And that's the next phase. And they're doing it.

They're leading edge technology. And the cars are getting to be really good. And they're a third the price or a fourth the price of the equivalent car in the U.S. And then the fourth phase is robots. And if you have the supply chain for phones, drones and cars, you have most of what you need to do robots. And that's the next phase. And they're doing it.

And so we have obviously Elon and other companies in the U.S. building humanoid robots. And I hope and expect that they'll do well. But China is doing that for sure. The company I've been watching most closely is one of their national champions is a company called Unitree. We're not involved in this, but Unitree sells a robot dog that's equivalent to the Boston Dynamics robot dog.

And so we have obviously Elon and other companies in the U.S. building humanoid robots. And I hope and expect that they'll do well. But China is doing that for sure. The company I've been watching most closely is one of their national champions is a company called Unitree. We're not involved in this, but Unitree sells a robot dog that's equivalent to the Boston Dynamics robot dog.

The Boston Dynamics robot dog costs between $50,000 to $100,000, which is why you don't see very many of them. The Unitree dog starts at $1,500. By the way, we have two of them and they're great. And they do backflips and they do climb stairs and they talk to you and they got an LLM built in and they'll teach you quantum physics as you're running around in the yard. And it's great.

The Boston Dynamics robot dog costs between $50,000 to $100,000, which is why you don't see very many of them. The Unitree dog starts at $1,500. By the way, we have two of them and they're great. And they do backflips and they do climb stairs and they talk to you and they got an LLM built in and they'll teach you quantum physics as you're running around in the yard. And it's great.

And then they have humanoid robots coming out now that are also at much, much lower prices. They are coming for robots in a major way.

And then they have humanoid robots coming out now that are also at much, much lower prices. They are coming for robots in a major way.

Again, this is going to be a real push-pull because it's like, all right, if you believe that humanoid robots are going to happen, which I do, and at large scale, and if China's willing to make them for $10,000 or $20,000, and we can buy a billion of them, and all of a sudden we have robots building our houses, doing lawn care and doing everything else that you'd want robots to do, waiting on your hand and foot, then it's great that China's making them and selling them to you and that they're super cheap and that they work really well.

Again, this is going to be a real push-pull because it's like, all right, if you believe that humanoid robots are going to happen, which I do, and at large scale, and if China's willing to make them for $10,000 or $20,000, and we can buy a billion of them, and all of a sudden we have robots building our houses, doing lawn care and doing everything else that you'd want robots to do, waiting on your hand and foot, then it's great that China's making them and selling them to you and that they're super cheap and that they work really well.

And that if there's ever a war between the countries, every one of those robots could go rogue and start to attack you. You might want to think about that. It might be important to have robots that are made in the U.S. It might be important that the robots that the military uses are made in the U.S.

And that if there's ever a war between the countries, every one of those robots could go rogue and start to attack you. You might want to think about that. It might be important to have robots that are made in the U.S. It might be important that the robots that the military uses are made in the U.S.

You might want the robot in your house to be made in the U.S., the robot that's taking care of your kid changing his diaper. Phones and drones are already intense issues, but cars and robots are going to be ultra intense. It hasn't quite happened yet because the robot thing hasn't quite tipped yet, but I think the robot thing is going to tip in the next few years.

You might want the robot in your house to be made in the U.S., the robot that's taking care of your kid changing his diaper. Phones and drones are already intense issues, but cars and robots are going to be ultra intense. It hasn't quite happened yet because the robot thing hasn't quite tipped yet, but I think the robot thing is going to tip in the next few years.

And then I think there's going to be a giant geopolitical, let's say drama that's going to play out to try to figure out what we should do.

And then I think there's going to be a giant geopolitical, let's say drama that's going to play out to try to figure out what we should do.

I guess maybe biotech. The good news is in the modern world, there are a lot of people who are into new technology and there are a lot of people who talk about it. When I was a kid, early adopter markets were tiny. So the number of people who wanted their first personal computer, whatever, was just a tiny number of people.

I guess maybe biotech. The good news is in the modern world, there are a lot of people who are into new technology and there are a lot of people who talk about it. When I was a kid, early adopter markets were tiny. So the number of people who wanted their first personal computer, whatever, was just a tiny number of people.

And now you've got 50 or 100 million early adopters who just want whatever is the new thing and talk about it all the time and talk about it online. So I don't know that there's that much of a delay anymore, but probably biotech. Everything, it's sort of the cluster of life extension, embryo selection, potentially the reproductive technologies, getting embryos from stem cells.

And now you've got 50 or 100 million early adopters who just want whatever is the new thing and talk about it all the time and talk about it online. So I don't know that there's that much of a delay anymore, but probably biotech. Everything, it's sort of the cluster of life extension, embryo selection, potentially the reproductive technologies, getting embryos from stem cells.