Elon Musk Says the Greatest ROI From AI Will Be Humanoid Robots

• Elon Musk stated in a latest 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 line with Musk.

Tesla CEO Elon Musk stated in a latest interview with Dubai’s World Governments Summit that the financial returns of synthetic intelligence investments might be seen in humanoid robots.

Talking to 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 economic system’s potential by offering “quasi-infinite services.”

Musk was responding to Al Olama’s query on the place he believes the “largest financial returns” of AI fashions will come from.

“You’ll be able to produce any product, present any service,” Musk stated of humanoid robots. “There’s actually no restrict to the economic 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 may not be,” he stated, including that robots may create a “common high-income state of affairs” as a result of anybody can have the flexibility 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 top of 2025.

“It is a type of issues the place I believe, long run, Optimus has the potential to be north of $10 trillion in income,” he stated in the course of 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 1,000,000 robotaxis on the highway 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 line with its earnings presentation.

Tesla is not the one participant betting on humanoid robots.

Meta is making a product group targeted on robots and introduced on Friday that former Cruise CEO Marc Whitten would spearhead the group, in line with an inside memo obtained by Enterprise Insider.

A Tesla spokesperson didn’t reply to a request for remark.