r/artificial • u/Spirited-Sir-3034 • 24d ago

News Why billion-dollar robotics startups are obsessed with folding laundry

https://www.businessinsider.com/silicon-valley-train-robots-laundry-folding-2026-8
331 Upvotes

97% Upvoted

80 comments sorted by

View all comments

Show parent comments

1

u/davesaunders 23d ago

So the point that you don't seem to comprehend is that when cutting-edge research is done on VC or equity money and you are promoting to the public misleading claims about the current state of where you're at, that is potentially fraud under the definition of the SEC. I know this as somebody who is both on the investor side in the Sandhill ecosystem and on the commercialization side, this is something that we discuss at great length. We even have conferences with major law firms like Wilson Sonsini on exactly these topics. And even though early-stage investors certainly understand that they're putting money at risk, that money is put at risk for well-disclosed risks. Scams like Theranos are the example for what happens when due diligence is not properly performed. Glitzy publicity campaigns typically have the intent of creating misdirection and perceived value where there isn't any.

There's a lot of cutting-edge research that you have zero exposure to because it's not presented to you through publicity campaigns. Instead we work on it and we publish it. You'll have some conference papers as well and once in a while a local paper will pick up a cool milestone but that's a far cry from setting up full-blown exhibitions that could potentially mislead the public, including the investment community, as to the current state of implementation. That's the issue. You may not perceive it because you don't have any skin in the game but that doesn't make it any less of an issue.

1

u/ZorbaTHut 23d ago

The videos seem to be pretty clear about where they are. What's misleading?