otherScore 35/100Research
Andrew Kang: Specialized robots (welding, construction) will coexist with general-purpose humanoids; both markets will be massive and neither will dominate
Andrew Kang· Mechanism Capital· Robotics· 2026-06-02· about Path Robotics (specialized welding), humanoid makers
“I think there will still be specialized robots. I think we'll have specialized robots for welding, for example, we invest in path robotics. There are gonna be specialized robots for home construction in different areas. And so there's an area for both of these... GPU versus the ASIC industry. Both are massive, both I would say are in the trillions of dollars.”
Why it matters
Robotics market will not be winner-take-all. Specialized robots will capture margin and scale advantages in specific domains while general-purpose humanoids capture volume and adaptability value.
Investment implication
Both generalists (Figure, Aptronic, Tesla) and specialists (Path Robotics) have investable thesis. Portfolio approach required to capture full TAM.