- Elon Musk stated in a current panel that humanoid robots will unlock “quasi-infinite” companies.
- The Tesla CEO stated he wasn’t certain if cash would have a lot worth by then.
- Tesla is beginning manufacturing of its Optimus robots in 2025, in response to Musk.
Tesla CEO Elon Musk stated in a current interview with Dubai’s World Governments Summit that the financial returns of synthetic intelligence investments might be seen in humanoid robots.
Chatting with the UAE’s AI minister, Omar Sultan Al Olama, in a video name on Thursday, Musk stated that humanoid robots and deep intelligence will unlock the worldwide financial system’s potential by offering “quasi-infinite services and products.”
Musk was responding to Al Olama’s query on the place he believes the “greatest financial returns” of AI fashions will come from.
“You may produce any product, present any service,” Musk stated of humanoid robots. “There’s actually no restrict to the financial system at that time. You may make something.”
The billionaire stated that cash could not carry a lot worth by then.
“Will cash even be significant? I do not know; it won’t be,” he stated, including that robots may create a “common high-income scenario” as a result of anybody can have the power to make as many items and companies as they need.
Musk’s bullishness on humanoid robots comes as no shock. The CEO stated throughout an earnings name on January 29 that Tesla will start manufacturing of “a number of thousand” Optimus robots by the tip of 2025.
“It is a kind of issues the place I feel, long run, Optimus has the potential to be north of $10 trillion in income,” he stated through the name. “Like, it is actually bananas.”
Musk has been recognized to overshoot timelines for supply dates, together with on the Cybercab robotaxis. The CEO as soon as stated that Tesla would have one million robotaxis on the street by 2020. Then in 2022, he pushed that timeline to 2023.
Whereas Musk stated within the firm’s most up-to-date earnings name that Tesla will start offering autonomous ride-hailing companies in Austin by June, the Cybercab, Tesla’s devoted robotaxi automobile, will not start quantity manufacturing till 2026, in response to its earnings presentation.
Tesla is not the one participant betting on humanoid robots.
Meta is making a product group centered on robots and introduced on Friday that former Cruise CEO Marc Whitten would spearhead the workforce, in response to an inside memo obtained by Enterprise Insider.
A Tesla spokesperson didn’t reply to a request for remark.