How Roomba invented the home robot — and lost the future
iRobot, the company behind the Roomba robot vacuum, filed for bankruptcy after losing its market dominance to Chinese competitors. Despite its early success and innovation in home robotics, iRobot faced challenges from government regulation, failed acquisition by Amazon, and failure to innovate quickly enough. The company's vision for a Jetsons-style smart home was ahead of its time, but it couldn't keep up with the rapid advancements in technology and changing consumer needs.