Short answer: Jordan Metzner compares it to half a Tesla Model 3 and calls $20,000 the right price. Sam Nadler says $500 a month is fair against monthly home services but thinks the technology is a long way from reality.
Watch this answer from Episode 20 (starts at 22:25) · Episode 20 notes and transcript
From Episode 20: Compliance, Pomelli, and the Rise of the Robots, starting at 22:25.
Sam Nadler [22:24]: Yeah. And if it becomes feasible in our lifetimes, what do you think about the price point?
Jordan Metzner [22:31]: I think 20,000 is, like, the right price point. I mean, if you look at, like, a Tesla vehicle and presume that kind of a home Optimus robot is as smart as a Tesla car, the Model three, cheapest one, is maybe $40,000. And you think about, like, how much metal and all those objects inside compared to how much a robot is. So I think, like, half of a car sounds about right. $20,000. And if you think about how much it costs to lease a Tesla Model three, maybe the cheapest model is, like, $5,600 a month. So if it's half that, let's say it's $300 a month. So that all sounds about, like, fair to me. Mean, $300 a month for a home robot that, like, operates twenty four seven in your house, like, that sounds like a pretty good price for home services. And who knows, like, how valuable that could be? I mean, like, just I think about home services like washing the floors and, cleaning bathrooms. But, like, imagine handiwork and, painting and kind of gardening and, I mean, cleaning their pool. I mean, how deep can it go and how many services can it replace and, how many value adds can you do. You know? I mean, I have someone to clean my house, come once a week, but, mostly because I can't afford to have somebody come there every day.
Jordan Metzner [23:35]: But imagine having the robot do it every day. So, you're stuck to improve your quality of life significantly as well.
Sam Nadler [23:40]: Yeah. I think the price point is really fair. Exactly. If you compare it to the car and, like, the theoretical lifetime of a car, and I'm assuming maybe the robot is comparable, maybe it's four or five years, I think they announced $500 a month, which I'm sure if you were to add up all your, monthly home services, it's probably more than $500 easily. Whether it's you know, I don't know if it does outdoor activities like cutting the lawn, but, just the week, once a week maid service, which, doesn't include that much. You get to probably a service, inherent theoretical comparable service cost of way more than $500 a month. But, yeah, I think we're a long way away from this being a reality, both from a, mechanical point of view and, just the amount of variables compared to autonomous driving. And I remember talking about autonomous driving ten years ago, and it's just still it's still like, it's really kind of breaking into more and more people's homes or more and more people's vehicles, and so it's been a topic for a really long time.
Jordan Metzner [24:53]: Yeah. And as you can see, Google has autonomous driving, and Tesla has autonomous driving, and, we'll probably see some autonomous robots coming soon from Google and Tesla and probably some other players as well. And, to your point, maybe they're limited, maybe they can only do certain things, but yeah. And this is the beginning of a new evolution. Everyone's gonna have home robots. It's pretty exciting. Alright. Sam, fun episode 20 in the books. Can you believe it?
Sam Nadler [25:19]: Yeah. It's been a really interesting experience filming 20 episodes. I think, we've learned a lot. And, yeah, we're really excited about, the next 20. We have lots of guests on the calendar, some really important CEOs building some really cool AI and tech companies. So excited about the upcoming 20.
Jordan Metzner [25:44]: Awesome. So, yeah, we got a great end of the quarter, a bunch of new guests coming on, so we're super excited about that. And, just wanna say thanks everyone for tuning in. Over 15,000 subs. Please tell your friends. Please share the episodes. Love to, invite more entrepreneurs to tell us about their AI startups coming up. And thanks everyone. That was a great episode, and see you all next week.
Sam Nadler [26:05]: Next week, the CEO of Standard AI, Angie Westbrook, is joining us on built this week.
