AUSTIN, Texas (IT-Times) – Elon Musk, CEO of electric vehicle and battery manufacturer Tesla, sees an army of robots in the company’s future. You can find out what’s actually behind it in this article.
Elon Musk, CEO of Tesla Inc. (Nasdaq: TSLA, ISIN: US88160R1014), who was confirmed with a huge compensation package, is also developing a humanoid robot in the company called Optimus, which is set to play a major role in the future.
The human-like robot has already been seen in various Tesla showrooms and in the US car manufacturer’s production halls, but Musk’s vision for Optimus is much more far-reaching.
Since its first presentation at a Tesla trade fair in 2022, the multi-billionaire and technology investor has suggested that his company’s droid could play an important role in the everyday lives of people around the world.
In addition to self-driving robotaxis and cybertrucks, Musk sees Tesla robots as the key to success in the field of artificial intelligence (AI). And investors seem to agree.
One of the many tasks Musk must complete to maintain his gigantic compensation contract is to develop a million AI robots within the next decade.
A Morgan Stanley report released this month predicted that Apple Inc. (Nasdaq: AAPL), which is also reportedly looking into these robots, could potentially make $133 billion a year from them by 2040.
The idea of advanced AI in a human-like shell is, in theory, a surprisingly promising combination. It would allow technology to interact with the physical world around it.
While many companies are working to develop human-like robots for factories and industry, some are looking to use this technology in private homes.
Decreasing component costs combined with improvements in robot dexterity and AI will help make humanoid robots useful for a variety of different applications.
