Danger, Will Robinson
Destiny Robotics promised AI-powered humanoids that could form meaningful relationships, but it delivered a wig stand
“That does not compute.” - Robot from “Lost In Space” TV series
One way to cash in on all the AI hype is to claim you are developing a robot that can be your family’s best friend, but it didn’t work out so well for a Miami startup called Destiny Robotics and its founder Megi Kavtaradze.
Touting a 30-under-30 award and a glowing profile from publications in her native country of Georgia, Kavtaradze promised investors the “world’s first humanoid robot” by 2023.
It would feature human-like skin, emotional responses and the ability to form deep relationships.
It could babysit children, assist with family crisis-management and even provide psychological therapy. (Robot, I hear voices in my head. They’re telling me not to buy.)
Kavtaradze began soliciting investors in 2021 through spam emails, social media and the crowdfunding site, Wefunder. In February 2023, she unveiled this prototype:
There’s more to the story, but the rest is for paid subscribers.Please help make the business world a more honest, less reckless, less authoritarian place by:
Liking and commenting on posts, which boosts the Substack algorithm.
Sharing this newsletter with friends and associates.
Subscribing. Free or paid, I’m so glad you’re here.
And don’t miss these blunders.
Keep reading with a 7-day free trial
Subscribe to Business Blunders to keep reading this post and get 7 days of free access to the full post archives.