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Travis Hoium

๐Ÿ‘ค Speaker
4532 total appearances

Appearances Over Time

Podcast Appearances

Motley Fool Money
Sora Is No Mora

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

Motley Fool Money
Sora Is No Mora

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

Motley Fool Money
Sora Is No Mora

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

Motley Fool Money
Sora Is No Mora

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,

Motley Fool Money
Sora Is No Mora

And also we've got Zooks in the mix.

Motley Fool Money
Sora Is No Mora

Rachel, what is going on here?

Motley Fool Money
Sora Is No Mora

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

Motley Fool Money
Sora Is No Mora

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

Motley Fool Money
Sora Is No Mora

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

Motley Fool Money
Sora Is No Mora

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

Motley Fool Money
Sora Is No Mora

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

Motley Fool Money
Sora Is No Mora

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

Motley Fool Money
Sora Is No Mora

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

Motley Fool Money
Sora Is No Mora

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.

Motley Fool Money
Sora Is No Mora

They're just using UPS or whomever.

Motley Fool Money
Sora Is No Mora

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

Motley Fool Money
Sora Is No Mora

I can give you a trucking company that used to spend $500 million a year on tech related to warehouse tech.

Motley Fool Money
Sora Is No Mora

What Amazon is doing is what everybody is doing.

Motley Fool Money
Sora Is No Mora

It's just more, I guess, in the spotlight because they're buying companies.