00:00 Speaker A
For my question of the day, I’m sticking with the man Elon Musk. I really enjoyed his talk at Davos and found what he said on humanoid robots quite interesting.
00:09 Elon Musk
My prediction is that there will be more robots than people. Probably sometime next year. I would say that by the end of next year, I think we will be selling humanoid robots uh to the public.
00:30 Speaker A
A new Gartner report this week sheds light on what’s potentially next on the humanoid front. By 2028, fewer than 100 companies will progress humanoid robot proof-of-concept beyond experimentation with fewer than 20 companies moving into production for supply chain and manufacturing use cases. My question is this, if we believe that humanoids will be the next big investment opportunity. After all, there is an AI component to these bots. Stephanie, what do you say?
00:56 Stephanie
Ah, it’s from a personal perspective, it’s a little scary. I have to say, but um, it’s something that we’ve been considering in the Robin Hood strategies, for example, where we’re not necessarily looking for companies to invest in that have humanoids in their pipeline, uh, you know, but we’ve been investing in companies that will provide the eyes and ears for robots because even if you don’t end up replacing this human concept of automation.
1:15 Stephanie
or the form is not going. That will be a growing concept. Um, and so that’s where we’ve been focusing.
1:21 Speaker A
And since I don’t know why I think this, but I think that you will be before uh an early adopter of one of these humanoids in your home.
1:28 Ines
I will be sure to adopt sooner.
1:31 Speaker A
Look, I know. See, you work with someone long enough, you kind of just know, you know.
1:34 Ines
Maybe for the playground. But not now. Oh, sure, for everything at home. Uh, yes, can the humanoid clean? Oh, sure.
1:46 Speaker A
And your Costco pizzas. He can make those Costco pizzas for you.
1:50 Ines
Can they cook for me? Yes, of course. Uh I would be a huge early adopter for humanoid robots and also robot taxis too. Uh but look, this year and next year and forward, it’s uh we’re starting to see kind of the merging of machinery that was around, but also now you’re adding on the AI layer, the intelligence layer. And this is most exciting when we talk about humanoid robots in the future.
2:11 Speaker A
Okay, so I got on well with Ines. Brooke, I’m going to guess that you are a little skeptical about these humanoids.
2:17 Brooke
Brian, I’m the youngest here and a skeptic. I don’t think I would want one of these in my house.
2:20 Speaker A
Yes, I knew it. I knew her. I knew her. I knew her.
2:23 Brooke
I think certainly for sure, when you think about uh the future where this is going. Elon Musk is quite convincing. He used to say that most of his parent- many of his friends rather have elderly parents. This was in the conversation in Davos with Larry Fink. Many of his friends have elderly parents and he believes these humanoid robots will help take care of an aging population. I thought that was an interesting point. Personally, I love interpersonal relationships. I like, you know, talking to people. I like to be what you specify
2:50 Brooke
jump in. And so I will say, I’m not bought yet, but if this is something like uh how Disney Channel uh The Smart House went, then we’re in for something certainly that can be a little scary here. And so, I’m a little skeptical here, Brian.
3:01 Speaker A
Okay, well I’ll leave it at that. I know my mom is a big opening deals watcher every day. Mom, I’m going to tell you this right on camera. I’m going to buy one of these robots early to take care of you sometime because look, to be honest, I just don’t have the time. Sorry mom.