30 Sep '14, 6pm

Dmitry Grishin: “Robotics Has Too Many Dreamers, Needs More Practical People”

When Dmitry Grishin launched a US $25 million VC firm focusing exclusively on consumer robotics , he encountered a lot of skeptics. They told him that the robots he's interested in were still the stuff of science fiction and it was too early to invest in them. That was two years ago. Today, he says, there's been a "big shift." What changed? "Now everybody believes in robotics!" Grishin, a Russian Internet entrepreneur and co-founder of Mail.Ru Group , one of Russia’s largest tech companies, says robotics has gotten a lot of attention since giants like Google and Amazon began investing heavily in robots and drones , as well as areas like home automation and what is known as the Internet of Things (early this year Google acquired Nest Labs , maker of smart thermostats, and Amazon is reportedly pursuing its own smart home projects at its secret lab in Silicon Valley .) Now, G...

Full article: http://spectrum.ieee.org/automaton/robotics/home-robots/d...

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