Introducing Figure 02 - commercially-viable autonomous humanoid robot

Figure 02 brings together the dexterity of the human form and cutting edge AI to go beyond single-function robots and lend support across manufacturing, logistics, warehousing, and retail.

Aug 12, 2024 - 10:20
Aug 13, 2024 - 13:39
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Techatty All-in-1 Publishing
Techatty All-in-1 Publishing

Figure - humanoid robot was founded with the ambition to change the world.

Figure 02 is AI-powered and self-reliant, ready to produce an abundance of affordable, more widely available goods and services to a degree that humanity has never seen.

Through the intersection of AI and Robotics, we are building general-purpose and autonomous humanoid robots. These robots will eliminate the need for unsafe and undesirable jobs, allowing future generations to live happier, more purposeful lives. However, this is no easy feat — in the entirety of human history, we have not yet seen the successful commercialization of humanoid robots. The journey to build Figure at a global scale will take decades, but if successful, our team has the opportunity to make an unprecedented impact on humankind. Here, you will find Figure’s culture, as laid out in our Mission, Vision, and Values. The culture we build will make or break our future. The following values and beliefs define our identity as a company - how we work, make decisions, treat each other, and operate every day. We will hire, recognize, reward, and fire based on these cultural values. It’s important for me to disclose that our culture is not for everyone. If you believe in what you read below, then you are likely to thrive here. If you do not, Figure is not for you.

The Company

I believe that positively affecting the future of humanity is the moral priority of our time. The most meaningful impact can come from dedicating our resources to developing technologies. In the coming age we will see great advancements in Artificial Intelligence (AI) and Robotics, and by contributing in the early stages, we can set the course for a positive AI future for humanity.

Hence the goal of Figure: to develop general-purpose humanoids that make a positive impact on humanity and create a better life for future generations. These robots can eliminate the need for unsafe and undesirable jobs — ultimately allowing us to live happier, more purposeful lives.

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Our company journey will take decades — and require a championship team dedicated to the mission, billions of dollars invested, and engineering innovation in order to achieve a mass-market impact. We face high risk and extremely low chances of success. However, if we are successful, we have the potential to positively impact humanity and to build the largest company on the planet.

The Present

Today, we are seeing unprecedented labor shortages. There are over 10 million unsafe or undesirable jobs in the U.S. alone, and an aging population will only make it increasingly difficult for companies to scale their workforces. As a result, the labor supply growth is set to flatline this century. If we want continued growth, we need more productivity — and this means more automation.

The Possibility

Thankfully, we are in the early stages of an AI and Robotics revolution. This presents the unique opportunity to substantially increase our production and standard of living.

As automation continues to integrate with human life at scale, we can predict that the labor-based economy as we know it will transform. Robots that can think, learn, reason, and interact with their environments will eventually be capable of performing tasks better than humans. Today, manual labor compensation is the primary driver of goods and services prices, accounting for ~50% of global GDP (~$42 trillion/yr), but as these robots “join the workforce,” everywhere from factories to farmland, the cost of labor will decrease until it becomes equivalent to the price of renting a robot, facilitating a long-term, holistic reduction in costs. Over time, humans could leave the loop altogether as robots become capable of building other robots — driving prices down even more. This will change our productivity in exciting ways. Manual labor could become optional and higher production could bring an abundance of affordable goods and services, creating the potential for more wealth for everyone.

We will have the chance to create a future with a significantly higher standard of living, where people can pursue the lives they want.

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We believe humanoids will revolutionize a variety of industries, from corporate labor roles (3+ billion humans), to assisting individuals in the home (2+ billion), to caring for the elderly (~1 billion), and to building new worlds on other planets. However, our first applications will be in industries such as manufacturing, shipping and logistics, warehousing, and retail, where labor shortages are the most severe. In early development, the tasks humanoids complete will be structured and repetitive, but over time, and with advancements in robot learning and software, humanoids will expand in capability and be able to tackle more complex job functions. We will not place humanoids in military or defense applications, nor any roles that require inflicting harm on humans. Our focus is on providing resources for jobs that humans don’t want to perform.

Mission

Figure's mission is to expand human capabilities through advanced AI.

Figure is a mission-focused company. We aspire to create a better life for future generations and will dedicate our time and resources to this pursuit.

Vision

Figure’s vision is to deploy autonomous humanoid robots on a global scale to solve challenges within the labor economy.

We envision a future where humanoid robots are the universal interface in the physical world. In the early days, our humanoid will be deployed into the workforce to perform corporate tasks in areas with significant labor shortages and jobs that are undesirable or unsafe. Longer term, humanoids will play an important role in many areas such as assisting individuals in the home, caring for the elderly, and building new worlds on other planets.

Values

We are looking for the overachievers — the special few who want to put a dent in this world. We are not looking for candidates seeking to minimize their workload or maximize compensation. There are plenty of high paying, cushy jobs out there — that’s not what we stand for. Our culture is deliberately cultivated to amplify high performance and to push ourselves to operate at the best of our ability every day.

In parallel, we will constantly fight to prevent corporate bloat — if we become bureaucratic, morale will die and so will the business. In order to achieve our mission, it is critical to stay focused. The company will always act in the best interest of humanity, behave ethically, and treat others fairly. We will not support social activism, assume negative intent, treat others unfairly, or take on causes outside of our core mission. We are all here to do one job and that is to bring an impactful, useful product to market.

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