Roomba Go Home

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.3 • 3.1K Ratings

🗓️ 29 January 2024

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

Amazon ends its deal with iRobot leaving the Roomba maker’s path forward unclear. (00:21) Jason Moser and Deidre Woollard discuss: - Why Amazon ended the iRobot deal. - Where iRobot could go next. - If Sofi is building the next big bank. (17:12) Eric Siegel, author of The AI Playbook, explains the challenges facing companies looking to adopt artificial intelligence. Companies discussed: AMZN, IRBT, SOFI Claim your Epic Bundle discount here: www.fool.com/epic198 Host: Deidre Woollard Guests: Jason Moser, Eric Siegel Producers: Ricky Mulvey, Mary Long Engineers: Rick Engdahl, Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Amazon says no robot.
0:07.0	no robot.
0:08.0	Motley fool Money. I'm Deidra Willard here with Motley Full Money. I'm Deedre Willard here with Motley Fool analyst
0:24.8	Jason Moser. Jason how is your weekend? Hey Deedre just great how about yours?
0:28.3	Watched a lot of football. Yeah there's a little bit on TV wasn't there. Just a little bad. Well you know a lot of times I meet with you on on
0:37.7	Mondays we're talking about big M&A deal today we're gonna go in the other way we've got a big breakup maybe a small
0:46.1	breakup depending on on your view of it but Amazon has called off its acquisition of
0:50.8	iRobot so Amazon doesn't seem to want a Roomba anymore. Why do you think that is?
0:57.0	No, it's Undeal, right? Undeal. Yes, Undeal. I like that. Yeah, this, I mean, honestly, I'm not surprised,
1:03.7	it felt like this was something that was almost
1:06.2	inevitable given these concerns regarding the deal.
1:11.3	I don't know.
1:12.2	I mean, to me, this was a deal that always,
1:15.8	it just never seemed to make sense, right?
1:17.8	I mean, it just, I understand Amazon is just trying
1:20.3	to get more and more data.
1:22.1	And I think the data argument works to an extent but you know as
1:27.4	as we've talked about before I mean data is data I mean at some point like it's
1:31.9	becoming just unlimited right?
1:35.0	It's frankly it's very easy to get so then it becomes a matter of like what you do
1:39.4	with the data. It's not really a matter of having the data as much as you know what you can do with it
1:44.7	And I think it's fair to say that Amazon does a pretty good job of doing stuff with data
	...

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