Goodman’s Post

Transcript

We're only just beginning to see what I can do for robotics, and so I think we should be excited for an automated future. I am Raz Shinkel and I'm the CEO and cofounder of ATAGI Robotics. Robots are tools for humans to use, and so people use robots to get more leverage out of their labor. Robotic solutions in the past have been more rigid and used in the supply chain to automate repeatable tasks. They have relied on a well understood environment to succeed and also we're quite limited in what they could actually do within a warehouse. And we had some wonderful wins there. But in reality, not every logistics company can benefit from 40 robots that move material all day long. So newer robot trends made possible by technology mean that robots can do unstructured tasks in dynamic environments and actually people are making more multipurpose robots so. Robots that can do 1 task in the morning and one task in the afternoon. And so we are at a point where we understand that if you can make one piece of hardware do multiple different tasks, you can drive a lot of value from that. There's a report from City that says that 80% of warehouses are not yet automated. Only the top 20% of warehouse companies actually have some type of automation. Those companies have the capital to be able to make those huge investments. But in the next phase of robotics that's enabled by AI and recent advances in hardware and business practice, we're going to see more flexible robots because AI is being used all across the robotics stack in a way that. Makes it much more flexible, much more dynamic, and much more able to interact with an unknown world in a way that was actually never possible before. I think in the past you needed scale to be able to take advantage of this type of automation. And I think in the future, with these more flexible robots, you will be able to start with one robot and get value out of one robot, and then you can add in another robot when you see the capability coming in for the labor that you need. I think that means that smaller logistics companies are going to be able to take advantage of automation in a way that they haven't been able to in the past. Because of that reason, we're going to see a lot more automation. Penetration within the warehouse market. So to be ready to take advantage of robots, as these new robots are developing, especially within the supply chain, we can be excited about robots bringing in greater efficiency and greater productivity. I would say that the evolution of robotics is the next phase of human evolution. That's not something to be afraid of. I think that's something to be excited about, but you don't really know what's coming. And that's the box that we're opening.