London's W1 is somewhere to go if you've got too much money to spend on something. Within minutes of each other, you can visit the city's priciest private doctor, buy a Steinway and a pair of designer glasses that cost more than my mortgage. Wigmore Street is also where the ultra rich go to buy a kitchen that Thorstein Veblen would weep at the sight of. It's also the new home of Moley Robotics, a company selling luxury kitchens and the robot arm that'll kinda/sorta do all of the cooking for you, too. Moley is the brainchild of Dr. Mark Oleynik and is one part kitchen showroom and one part robot lab. It's a spartan space with three demo kitchens, a wide dining table and some display units showing you the different types of artisan marble you can have for your countertop.

A £50,000 robotic chef can make your meals without any human intervention – as long as the ingredients are already cut up. Moley Chef's Table is a new kitchen appliance from Moley Robotics, a London company run by Russian entrepreneur Mark Oleynik. At the company's new showroom on Wigmore Street, due to open in the autumn, MailOnline got a taste of the machine's creations, including a trendy vegan soup. Consumers who have the funds can buy Chef's Table for their homes, but it is also intended for airports, hospitals and even in restaurants to help out chefs. It comes amid concerns of machines taking over human's jobs, but according to the company, the gadget will make a cook's life easier if they work long hours.

Finally, the ultimate kitchen gadget you never knew you wanted is here – but it will cost you about the same as the average UK house. For those stumped as to what to buy the super-rich person in their lives this Christmas, how about a fully robotic kitchen that promises to whip up a choice of up to 5,000 recipes at the press of a button? A London-based robotics company on Sunday unveiled the world's first robot kitchen, which it promises "cooks from scratch and even cleans up afterwards without complaint". The Moley Kitchen robot, brainchild of Russian mathematician and computer scientist Mark Oleynik, promises to make restaurant standard meals without its owner having to lift a finger or order a takeaway. It's not cheap though: the robot costs a minimum of £248,000, roughly the same as the average UK house.

Imagine a day when, from the comfort of your home and with a few mouse clicks, you can have a Michelin-starred chef's recipe prepared for you right there and then -- by a robotic kitchen. Not only would the robot cook up a scrumptious dinner, but it would also clean up after itself, leaving you with nothing to do besides eat. That dream is soon set to become reality thanks to a London-based company called Moley Robotics. Founded by Russian-born Mark Oleynik (who is CEO), the robo-chef will be launched on the market in 2018. It already exists in prototype form, with dozens of recipes in its library. It looks much like any other kitchen -- with a hob, a sink, an oven and hanging kitchen utensils -- only it also has two giant robotic arms with five-fingered hands that do all the work. In preparation for an upcoming issue of Frontier Tech Investor, we visited Oleynik in his lab. I thought I'd share a few insights from that conversation with you today. We were lucky enough to witness the robo-chef in action as it made BBC MasterChef winner Tim Anderson's crab bisque.

The result is uncanny – the robo-kitchen appears to pause and think between stages, just as a human chef would do. Yet it is not unsettling. "Many people who watch the robot have an emotional reaction to it," says Alina Isachenka, Moley's operations manager. "It was really important to make sure it wasn't scary. It would have been more cost-efficient to use a two or three-fingered gripper, but people may be scared by that – they don't want a two-fingered robot in their kitchen.