When I hear "folding laundry", I think "taking a load of laundry from the washing machine, including pants, shirts, underwear, bras, socks, sheets, towels, pillowcases with socks inside them and cycling pants, separating them, folding them, and putting them in stacks for each family member"
The automated solution in the video seems to work for loads of identical white towels.
Don't get me wrong, the automated laundry machines are impressive, but I don't think they accomplish what people thought of when they asked the question.