The Robot Business is Hard - Rethink Robotics Shuts Down
Small Business Labs
OCTOBER 15, 2018
With all the noise around AI and robotics these days, you'd think this is a great time to be a company that makes robots. And in many ways, it is. According to the International Federation of Robotics, an industry body, worldwide sales of robots increased by 31% in 2017. But it turns out the robot business is tough and making money isn't easy. Because of this, robotics pioneer Rethink Robotics recently shut down. Rethink made two robots - Baxter and Sawyer - that wer
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