Reverse Engineering One of the big challenges with all consumer products is that your competitors always get to do full tear downs of whatever you put on the market. It is extremely difficult to maintain an advantage with any mechanical components, unless you have robust IP. Probably what is going to happen with humanoid robots, is that countries are going to require products to be licensed. One of the biggest emerging concerns is national security, does a country want to import 5 million robots who live in private households and get their firmware updates from overseas? No. The security risk is real. The product is a potential trojan army. Countries are therefore likely to limit which models are allowed to enter their market. This will happen before sales hit the million unit mark. So maybe the first $ 50bn revenue will beat the restrictions, but after that the market will become much harder to enter. So once we reach a technological plateau, we might see regulatory drawbridges coming up quite quickly as a way to prevent markets being flooded with low end copycats that have security concerns. So whilst reverse engineering will be rapid and we will see lots of copying, it might not matter. What is probably more important is how the client nation trusts the OEM on a security.