"The humanoid robot market is set to take off, at least according to Morgan Stanley, which recently predicted robot revenue could surpass $5 trillion by 2050. Companies like Tesla, Agility Robotics, Figure AI, Boston Dynamics, Apptronik, and Engineered Arts have plans for humanoid robots, but haven't yet solved the technical and practical challenges of free-roaming bipedal machines. LaValley said he turned down an offer to work at Figure AI because "I don't really like the direction the whole space has been going.""
"He spent seven years at Boston Dynamics as the hardware lead on the company's three humanoid robots (PETMAN, Atlas One, and Atlas Two) and competed in the DARPA Robotics Challenge. "Then we got bought by Google, and Google wanted us to turn a profit," LaValley said. "And we all looked at each other and went, 'We don't know what this is good for. We've just been a really well-funded research lab for so long. We're just having fun here. We're not trying to make this profitable.'""
Scott LaValley founded Cartwheel Robotics after leaving Disney, where he worked as a principal imagineer from 2016 to 2021. He previously led hardware at Boston Dynamics on humanoid projects PETMAN, Atlas One, and Atlas Two and competed in the DARPA Robotics Challenge. Elon Musk visited LaValley at Disney with his children and asked about starting a humanoid team. LaValley declined an offer from Figure AI, citing dissatisfaction with the sector's direction. Morgan Stanley projects robot revenue could exceed $5 trillion by 2050. Several companies plan humanoid robots but technical challenges persist for free-roaming bipedal machines.
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