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The list of Robot company failures and the robotic industry dead pool runs very deep. Just in the past few years:

* Rethink Robotics https://www.zdnet.com/article/sudden-unexpected-demise-of-re...

* Anki https://spectrum.ieee.org/automaton/robotics/home-robots/con...

* Jibo https://spectrum.ieee.org/automaton/robotics/home-robots/jib...

* Blue Workforce https://www.therobotreport.com/blue-workforce-robot-files-ba...

* Mayfield Robotics (Kuri) https://www.heykuri.com/blog/important_difficult_announcemen...

* Starsky Robotics https://www.bizjournals.com/sanfrancisco/news/2020/03/20/why...

* Reach Robotics https://www.therobotreport.com/reach-robotics-shuts-down-con...

* Google Schaft https://www.theverge.com/2018/11/15/18096469/google-robotics...

* Willow Garage https://www.bloomberg.com/news/articles/2014-02-20/robotics-...

* Honda Asimo https://www.theverge.com/2018/6/28/17514134/honda-asimo-huma...

* Amazon Vesta https://venturebeat.com/2019/09/28/amazons-vesta-no-show-hig...

Everyone thinks that they are somehow different, but all these firms fail for the same reason. Robotics is hard. The market is not that big. Lots of costs. Investors are skittish. The combination of those things isn't that good.


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