Why Nvidia, Tesla, Amazon And More Are Betting Big On AI-Powered Humanoid Robots

Humanoid robots are catching the attention, and billions of investment dollars, from big tech companies like Amazon, Google, Nvidia and Microsoft. Elon Musk is betting the future of Tesla on these machines, predicting its robot, Optimus, could propel it to a $25 trillion market cap. Powered by artificial intelligence, these bots have seen quantum leaps in what they’re capable of in just the past few years. CNBC’s Kate Rooney speaks with Agility Robotics, Apptronik, Sanctuary AI and others to explore the rise of these AI-driven humanoids, if they’re a cure-all for our global workforce problems, or if this is yet another tech bubble.

Chapters:
2:49 Ch 1 AI has changed the game
5:52 Ch 2 Getting to work
9:40 Ch 3 The labor shortage
11:50 Ch 4 Hurdles ahead
14:01 Ch 5 China’s robot dominance

Produced, Shot and Edited by Andrew Evers
Reporter: Kate Rooney
Field Producer: Kevin Schmidt
Supervising Producer: Jeniece Pettitt
Additional Camera: Katie Tarasov, Lisa Setyon
Additional Footage: Agility Robotics, Sanctuary AI, Apptronik, Tesla, Getty Images, Figure AI, Boston Dynamics, Nvidia

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Why Nvidia, Tesla, Amazon And More Are Betting Big On AI-Powered Humanoid Robots

[kortyEdna]

I've owned NVDA for over 8 years. It's been up and down, but I believe in Jensen Huang and will stick with NVDA until Jensen says otherwise. I know that sounds crazy, but when the financial statements/Jensen, (same to me) tell me to sell, I will. I'm sure I won't sell at the top, but that's OK.

[fevsea]

"Jobs we can't fill" == "not willing to pay a living wage"

[Ieo]

"6, 700, 000 jobs we can't you tried paying enough money to allow the employee to pay their bills?

[raycom]

"don't worry. you will get a job as a manager of the robots". LOL

[soitgxx]

There isn't a " labor shortage " there is a paying people fairly problem.

[Peter-jcby]

“I think artificial intelligence has the ability to create infinitely stable dictatorships” - Ilya Sutskever

[Emily-leop]

What I don’t understand is, on one hand we are told the stock market will crash and yet on the other we are told ways of investing in the stock market especially AI stocks. Oxymoron or paradox?

[ramluma]

Boston Dynamics sells Spot for $70, 000.00. Chinese sells a Spot clone for $13, 000.00. Soon Wish and Temu will sell it for $199.00

[rotomRASENGAN]

Hope that Will Smith will still be around once they start going rogue.

[erikalind]

there is no workforce shortage. There is a pay shortage. The jobs "people don't want to do" are jobs that companies don't pay a living wage to because the executive class are taking all the profits.

[Higuannn]

I don't like "10% on average" sure, money you had 20 years ago might be 200% larger, People hear high figures associated with NVIDIA and are expecting more than 10%, which isn't going to happen. I wish to cover up with short term investments.

[e.v.k.]

Robots take the undesired jobs and AI the desired

[pnketia]

I feel sorry for Gen Z and later because without UBI they are going to find it hard to compete in a workforce where your competition doesn't take a salary, doesn't get sick, doesn't require health benefits, can work 24/7 nonstop, won't complain and doesn't need a degree or four years of schooling.

[richardgirgis]

There are already a lot of people working these lower level jobs who are struggling. People losing those low-level jobs to robots isn't going to help society. It's going to help those who are rich enough to afford the robots.

[yakmueller]

There isn't a robots taking all the jobs problem. There is a bosses getting rid of the workers problem.

[JayP]

So theyd rather invest billions in robots rather than paying realistic wages for jobs “people don’t want”

[q.heffner]

Hopefully, the robots can take some of these CEO's jobs. They aren't doing anything anyway.

[mayalucia-]

The main focus for markets now is Nvidia, which has powered a large chunk of the S&P 500’s recent earnings. Nvidia’s stock, up more than 90% this year, rose 2.5% in New York on Monday, sending the Nasdaq 100 index to another record high. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...

[Darksagan]

Its like how they said A.I will only replace those jobs that nobody wants..oh you mean artist, musicians, programmers etc. lol

[noahlamoureaux]

NO! Due to the basic economics of supply and demand, this will lower workers' wages, increase unemployment, poverty, homelessness, and crime because we have no safety nets in the United States.

We already have hundreds of thousands of homeless people who are working. Imagine the situation being ten times worse or more.