Chef Robotics reposted this
Chef Robotics and Rajat Bhageria's three insights for world domination 🧑🍳: 1) Find the largest (and most tractable market) 90% of GDP is located in the physical world. But where is this GDP allocated? The two largest labor markets in the USA were Nursing and Retail, but there wasn't a clear path forward for robotic automation. Rajat needed something (slightly) easier. Instead, he chased the third market, Food 🍲 The food industry is the third largest employer in the USA with established robotic process automation in parts of the supply chain - a good omen for large-scale potential in robotics. 2) Solve a 'hair on fire' problem 🔥 The food industry has over 1M unfilled jobs and 150% annual staff turnover. Food producers were struggling to keep their supply chains on shore. It was clear that no one wanted to do these dull and dirty jobs. Something would have to change or the food producers would die. 3) Find the right wedge The problem of automating food production has a large scope - restaurants, fast food, high-mix, low-mix, etc. Rajat knew he had to start with the 'roadster' not the 'model 3'. He couldn't start in commercial kitchens like fast casuals. There were technology problems: food items at Chipotle are very variable. Chicken pieces are cooked at different temperatures and different lengths. That's tough for the AI to train on. Throw in 25 more SKUs and you have a tall task! There were also economic problems: there wasn't enough volume for the robot to focus on one task. In many fast-casual spots, there's 1 human for the entire line. Unless Chef could replace this person outright, it was infeasible. They found their sweet spot in high-mix food manufacturing (prepared meals). There was a low enough SKU count and a high enough volume for the robot to specialize. However, there was enough variability that traditional, programmatic automation was ineffective. This was the path forward. In the future, Chef Robotics aims to increasingly automate tedious food production, until humans only have to worry about creating great experiences (which we're quite good at). In the process, they'll remove people from undesirable jobs and lower the cost of food, making the world a better place. They've put together a great team and move extremely fast, so I'm confident they'll execute their mission. Check out their blog: https://lnkd.in/g7XCUvx7
Deloitte Strategy | Aspiring Restauranteur
3moReally cool breakdown