Do not fear them robots

This year 200 million viewers cheered to to the dance of three robots to Michael Jackson s Thriller and Beyonce s Single Ladies during the Eurovision Song Contest in Stockholm. In the past few years we have seen them entering new areas of life, such as logistics or agriculture. While some of that has been greeted with excitement, there is a lot of skepticism and fear associated with the advent of Advanced Robotics (I will go into a definition in a second). This post is an attempt to provide an accurate representation of the current state of Advanced Robotics and how the space is likely to develop. As a venture capitalist I usually look at tech trends through the prism of young, fast-growing startups.