goingballistic5.bsky.social
67 posts
50 followers
32 following
Regular Contributor
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What's this here Sauce.
See. I am not wrong, and I don't need your help.
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You said Not-see more than usual in the video. Freudian Slip?
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The orange background is a nice touch.
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Finally, Dems enter the Memes War. This is how you win!
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Pronounce it the way it was meant. It's not named after a coin nor a dog.
bsky.app/profile/goin...
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Never thought that I would make Edge my default browser. Just did.
Using MapQuest again, too.
My android phone is also old. Will opt for an iPhone now.
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Stealin Elon.
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Tumormille was just upset his coaching prodigy lost the superb owl.
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The choice of the word Doge was not accidental.
It comes from Latin and is Venetian for Duke.
The Doge of Venice acted as both the head of state and head of the Venetian oligarchy.
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The choice of the word Doge was not accidental.
It comes from Latin and is Venetian for Duke.
The Doge of Venice acted as both the head of state and head of the Venetian oligarchy
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I almost deid of laughter.
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For the record, I do not have any Insider information and all of this is speculation based on public information.
DYOR. NFA.
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And of all the CEOs Brett has spoken with, one of them is likely Jeff Bezos.
How do I know?
Because Jeff personally invested a substantial sum into the Figure Series A funding round last year.
Yeah, it's Amazon.
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By 2029, Figure will likely have more than 2 clients.
Brett has spoken with the CEOs of nearly every Fortune 100 company.
All of them wanted a humanoid bot yesterday.
There is a supply, not demand problem. Once these two are solved, so are the others.
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There is likely 50-100 F.02 in existence.
But they won't scale F.02. That is for F.03 and beyond.
Expect this.
2025: 1,000
2026: 5,000
2027: 25,000
2028: 100,000+
2029: Yikes!
These numbers are commensurate with figures recently announced by their closest rival.
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But not exactly replace. Because of attrition, that's 240K workers that they don't have to hire annually.
But can Figure deliver 100K bots by 2029?
Yes. Easily.
When I visited Figure HQ last fall, they were producing 1 F.02 per week, with expection to reach 2 per week by EOY.
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Enter the humanoid.
This is the missing piece. It is a focused task. Once solved, it is easily scalable. BMW has more tasks that are not as numerous. The BMW workforce is also 10 times smaller than Amazon.
Amazon could easily use 80K bots to replace perhaps 240K workers.
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Amazon has been aggressively automating their warehouses, adding the famous Kiva robot at a rate of 1000 per day. Yes. 1000. Per. Day.
These Romba like bots fetch items for workers to pack into boxes.
This is the part Amazon has failed to automate even using state of the art industrial robots.
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But Walmart has lots of brick and mortar shops. And it is more scattered.
Amazon has more concentration. And many more employees in logistics.
It also has an hourly labor turnover rate problem. 100% annually. Walmart is 70%.
The other companies mentioned all have less than 500K employees.
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Not so fast. Bots can do 2-3 shifts per day. So one bot can replace 3 workers.
Ideally, BMW only needs 20 to 30K bots. Likely less in 4 years.
So, who can absorb 80K bots by 2029?
A big company with lots of employees
Walmart is the largest employer with over 2M. Amazon is a close 2nd w/ 1.6M.
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First, who could absorb 100K bots?
BMW has 150K employees worldwide. Perhaps 100K work in production.
Assuming a bot is as efficient as a human & can do all tasks, there you have it.
But actually, in 4 years, bots will be able to do many, but not all tasks. Maybe 80%?
So that means 80K.
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So it's logistics.
Who are some of the biggest players in logistics that could use such a large number of bots?
Walmart. Target. DHL. UPS. FedEx. Costco. GXO.
Did I forget anymore?
Oh, yeah. Amazon.
Even money is on Amazon. But why?
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But it's not just analysts who believe that.
It is also bot oems. Both Agility and Apptronik are being used at GXO, the largest logistics company that you've never heard of.
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First, who are the 2 customers? We know the 1st one is BMW. Who is the second?
Brett has said they are focused on two main customers in different industries.
This means the second is non-automotive.
The consensus is logistics, as most analysts see that as the largest and best opportunity.
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Nice of you to 'dust' it off.
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Well at least David Sacks finally got the title he has always coveted: Tsar.