Lyric discussion by KeeperofthePen 

Perhaps the robot represents the machine that is the music industry, particularly the industry as it pertains to hip-hip. For example, take these lines:

"As I spy from behind my giant robot's eyes I keep 'em happy cause I might fall out if he cries."

Here, Lupe may be addressing the need to keep the industry elite--the record companies, CEOs, anyone one would consider a member of the music industry's bourgeoise--happy by adhering to what they see, what they conceive as "hip-hop," hence his placement behind the robots eyes. If he disappoints, if they cry, he may "fall out." That is, he may be cast out of the sights and interests of the industry. This machine ignores the realities of the crackheads that beg at about the lower legs, the crooked police stationed at the knees, drive-bys at the thighs, car chases on the waist and only employs them as tools with which they craft, build, a false, industrial image of the projects. Lupe writing from inside this machine as it continues to threaten the children of the projects--anyone born, raised, or aware of the "true" projects--demonstrates that he works from inside and manipulates the hodgepodge hip-hop machine that is the music industry.

Perhaps not. This just seemed like a relevant perusal of the lyrics.

Typo: I obviously meant "hip-hop" in the second line. My mistake.

Keeper you got it right, imho; but here is mine as well, a little more detailed.

Lupe is talking about how the record labels want different people to record different songs as they seem fit. Sara Bareilles wrote "Love Song" because she did not want Epic to shape her like molding clay.

"As I spy from behind my giant robot's eyes I keep 'em happy cause I might fall out if he cries"

Edit: "Keep 'em on autopilot cause I can't drive" Also could mean that the artist is making money so he or she doesn't care what they record, as long as the money keeps coming in.

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