Tightness in labor markets is boosting the use case of robotics, Morgan Stanley says, predicting a boom in humanoids — or robots in human form. "Advancements in AI are transforming the robotics industry," Morgan Stanley analysts said in a June 26 report called: "Humanoids: Investment Implications of Embodied AI." "Labor shortage and demographic trends increase the commercial relevance and paths of adoption across a broad range of industries," they added.
Last month, Tesla CEO Elon Musk claimed that his company's Optimus robots could eventually take the automaker's value to $25 trillion — over half of the value of the S & P 500 . In January, a demo video showed Optimus robots folding laundry. However, it was strongly criticized by engineers as the robots were being operated by humans and were not autonomous.
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