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Travis Hoium

πŸ‘€ Speaker
6715 total appearances

Appearances Over Time

Podcast Appearances

But for now, regulatory capture rules the day.

When we come back, we're gonna talk about Amazon's latest robots.

You're listening to Motley Fool Money.

Welcome back to Motley Fool Money with the Hidden Gems team.

Amazon is one of the biggest employers in the world, but it may not be for long if it keeps buying robotics companies.

Last week, they acquired a company called River that makes a kind of dog-looking delivery robot.

This week, it added Fauna Robotics, a humanoid-ish, like a short, like a four-foot-tall humanoid robot that's supposed to be, quote, capable, safe,

and fun for everyone.

And also we've got Zooks in the mix.

Rachel, what is going on here?

Is this a company that's going to have a billion robots and no employees a decade from now?

I put out a memo to myself stating I want to be a trillionaire by mid-2030s.

I mean, it could happen, but we'll see.

I don't think you should just assume it as fact.

You know, similarly, I'm glad Rachel mentioned the word logistics, because I think about this in terms of logistics.

And I think, not to say that this isn't important, but it's just Amazon is a different animal because of its scale.

But really, all Amazon is doing is what everybody's doing.

In the case of logistics, Amazon was just the one company big enough to take it in-house when everybody else is still delivering stuff.

They're just using UPS or whomever.

Similarly, I could give you pages and pages of various retailers, logistics companies, companies with warehouses that are partnering, experimenting with robotics.