many of these newer robot companies were all started by former employees of irobot. >> irobot makes the roomba, the vacuum cleaner. >> they do, but it also makes robots for the military, the police. robots that will go anywhere you do not want to be or cannot be. ♪ >> so much has been done in hollywood around how robots will impact our lives. we set off to figure out what is keeping us from having the robots. that we all dreamed of. it has been an amazing journey. one of the exciting applications for robotics is to allow people to actually physically be somewhere they are not. if i could attend the meeting. i could diagnose a patient from my office as opposed to having to travel, the world would be a different place. >> since you have started in the boston area, there have been many more robotics companies that have taken hold here, some of which actually come out of your company, is that correct? >> absolutely. boston has become the center of the universe from the perspective of practical robotics. there is no better place in the world to start a robot company than right here where you

joining us to explain is irobot's chief technology officer. and ava, irobot, joining us, as well.are not cheap. they're, what? $70,000? you can get a lease agreement to lease them over time. who is the market for this? who is going to lease this or buy this? >> our target market is the fortune 2000 companies that have options spread across the nation or internationally. so, if you want to collaborate, rather than having to jump on a plane every time you have to visit someone or have a meeting, you can actually just teleport using ava. >> and why is there an advantage? why do we need a robot to move around and interact, as opposed to just being on an ipad or screen? >> well, executives, today, are busy. especially on international companies. and having them to spend most of their time on flying between different hubs is taxing. having the ability to remotely collaborate allows for tighter collaboration between the sites. >> walk us through this actually works. let's say. i want to be around the office and interact with the robot? >> i use it all the time. my office is here in pasad

the company who founded it makes irobot and he has sold and moved on. this is a general purpose robot called baxter that is designed to learn to do things in your home or in factories. he imagines working on farms. but he also irobot makes robots but also a lot of battlefield robots that carry guns. there's a debate going on right now that's a very important debate about whether or not at all filled robots whether they should make the kill decision without a human and the question of drones too and i will get into that later. i'm taking to irobot robots. they are going to help us. yeah they are going to help us. they are called first looks and they will help us go into a pyramid that hasn't been explored as got a lot of rockfall so all the passages inside we can't get through to. they will be excavated eventually while we are there but the first thing to do is put these robots in and get a sense of what is the fastest way to the burial chamber, what does the overall layout look like? and obviously don't let the title of my book mislead you because i rea

i will start at irobot, the pioneer company at the start of it all. -- heart of it all. >> meet baxtere goal it is to bring american jobs back from overseas. >> i will visit where they develop robots to do the back breaking work no one wants to do.

i will start at irobot, the pioneering company at the head of it all. >> it has a very mars rover quality>> i will meet baxter, whose goal it is to bring american jobs back from overseas. >> i will visit harvest automation, where they develop robots to do the back-breaking work no one wants to do. >> "bloomberg brink" -- companies that break the mold,

but irobot makes robots also battlefield robots brita there is a debate right now very important whether or not battlefield robots should be up front for the kill decision without the human. kind i'd like the drones. ironically i am going to use today and on dash sudan to help us go into a pyramid that has not been explored but has a lot of rock falls. they will be executed even to leave the first what is the fastest way to the burial chamber? what does the lookout look-alike? don't let the title miss lead you but that they were both very optimistic when we share the planet with machines that are smarter than we are. and then to help us solve every medical problem with the general mortality. the short a space odyssey before a science-fiction lead -- legend and then went out to win every award about sharing the planet with machines. he said intelligence will win and machines will dominate. that we steer the future not because theophrastus or the stone guest preacher but because you're the most intelligent we share the planet with someone smarter than ourselves they will steer the future.

we have a nice public company and -- in irobot.his is one the places where apple is hurting itself. the last time i checked, they said you cannot power a robot with an ios device. excuse me, why the hell not? if you could, there will be an entire line of robots powered by ios. you could use them for security and to keep an eye on aging parents. they're all of those things you could do with a device that is able to move on its own ago predictably without breaking and has ios to keep an eye on the world. i think eric is completely right. >> sometimes when i see what google is doing, a great story in the terminal -- sometimes when i see with google is doing, a great story in the terminal about taxes. i look at some new things -- >> google consumes about 2% of the power in the u.s. and they are smart to look at it -- >> my point is peter lynch's notion. if these guys -- about trying a little bit of everything start to not focus on their core business -- >> i would agree with that if i thought search was a perpetual business. i believe

and shares of irobot are charging higher. the 500 robot is now available for purchase.ve users a physical presence and view into a workplace without actually being there in person. we also have been watching ebay today, which has been under pressure from activist investor carl icon to spin off its paypal unit. colin sebastian has another idea. let's start with your big idea that you think google should be buying up paypal instead of ebay. why? >> we think carl icahn has triggered a very worthwhile discussion about the value of commerce being put together or to be split apart. we think a better option than splitting ebay and paypal would be combining it with a larger healthy internet platform like google, which it also needs. we think this could be a creative transaction for google and keep payments from aba altogether. >> is that something you hear or is it something potentially from google that they are in fact interested? >> this is more of a thought exercise. a lot of debate happening after carl icahn went public with his proposal. we took a look at the landscape, we

>> irobot, mid to long-term, what do you say? >> this is volatile.rt in april. valuations are ridiculous. so, i'll say, against $40 on the downside, which was a top we made back earlier in 2013, i think you own the stock and play it from the long side. understanding there's tremendous volatility. haven't we had the ceo on to this show? got to go. >> yes, we have. all right. >>> coming up next, your first move tomorrow. stay tuned. we know we're not the center of your life, but we'll do our best to help you connect to what is. so our business can be on at&t's network for $175 a month? yup. all 5 of you for $175. our clients need a lot of attention. there's unlimited talk and text. we're working deals all day. you get 10 gigabytes of data to share. what about expansion potential? add a line, anytime, for $15 a month. low dues, great terms. let's close! new at&t mobile share value plans our best value plans ever for business. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe pric

>> there are specific covenants, irobot is in there. the methodology has more to do with waiting.re conventional and nonconventional, the methodology focuses on the higher roi's -- drones are doing well. not conventional things that are not gaining. >> a missed opportunity for anyone who doubted defense stocks. can it continue question mark >> with what is going on in asia, everyone is now worried. this is a nice way to play currency markets. >> what would you do in banking? what is the motif for banking question mark >> we have a fed tapering motif. we have ag well, too big to fail index. companies that are deemed by the government as too big to fail. there is a discount they get .ecause of that we do the s&p by close to 11. >> is it the discount or the complexity? you go into big firms, there are a lot of things that drive it. >> i like your methodology. you should help the fed do stress tests. 1-800-eep walia, dial janet yellen. nearchnology relations 1999 levels. is it a bubble about to pop? we discuss that next on "surveillance," streaming on your tablet, smartphone, and bloo

look at irobot shares up $43 per share.es, i wants to stand top of the robot industry as it unfolds. it seems we shouldn't get carried away by this. they are appearing in our lives but they are not taking over, are they? charles: they are. the next wave will be mind-boggling. i have a 72 page white paper that is amazing. artificial intelligence, robots software that things for itself, it is scary stuff i think we have to be prepared for. stuart: how far down the road does oxford say it will be? charles: over the next decade it will be huge. absolutely huge. this is not even robot technology, per se. one person in the one blog said a giant lamp post but like a screen on the machine, when they program it to think like a supervisor. if i'm a supervisor i can look at my iphone and scan the floor to see who is working and who is not working. when i teach it to think like me i can go to the beach. that is the next level. stuart: an update on the missing plane flight 370. the plane's path was changed by computer. wasn't somebody g