Incomplete markets are a big problem, Japanese robot dog edition

Back when Sony was a real company, they had a robotics division and they marketed robot dogs. Japanese people, being Japanese and all, bought many of these dogs. Now Sony is shuffling to oblivion and they no longer sell or even service robot dogs. Japanese people, being Japanese and all, are sad.

There’s even a support group that meets:

One of the participants at the Kawasaki meetings, Sumie Maekawa, says she and her husband, who have no children, see their Aibo as a daughter. Ms. Maekawa, who is 72, talks to the Aibo every day, travels with it and makes clothing for it. She and her husband agreed that whichever of the two lives longer should be cremated alongside the dog, which also is named Ai, in expectation of a family reunion in the afterlife.

“I can’t imagine how quiet our living room would have been if Ai-chan wasn’t here,” Ms. Maekawa said, using an honorific suffix applied to girls’ names. “It will be sad when the day finally comes when Ai-chan is unable to stand up.”

Then there’s this:

Mr. Norimatsu  (a free lance robot repairman) has begun collecting broken Aibos from owners who have died, in the hope that their remains can be used to help keep other robots running. He recently brought 18 of them to a temple in Chiba for a ceremony aimed at reuniting the robot dogs’ spirits with those of their owners.

In the US we horribly euthanize tons of unwanted living pets, while in Japan they rage against the “demise” of robot pets. There’s a metaphor in there somewhere.

3 thoughts on “Incomplete markets are a big problem, Japanese robot dog edition

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  3. I never really like robotic stuff, as I believe it’s not really good for anyone. I do Forex trading and there also I hate robots since it really kills our chance of success. I trade with OctaFX broker where I get massive help with their facilities especially the small spread of 0.2 pips, high leverage up to 1.500 while there is also 24/5 support service available, it helps us work so much better and easier in this highly risky market of Forex.

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