OT: The robots are coming

I’ve recently invested heavily in Tesla stock because they have a half dozen businesses, beyond cars, that could soon be Trillion dollar businesses. One of them is Robotics.

Tesla is the leading company in real world use of Artificial Intelligence ( their first service will be self driving cars ). They have also created, and are using, a humanoid robot. It can already be used for basic manufacturing tasks like moving materials and assembling parts.

By combing AI with a functioning robot, a lot of repetitive labor now done by humans could soon be done by robots. As AI improves, the complexity of the robots jobs will improve. Some projections have Tesla selling a million robots a year by 2030. Each robot would replace one or two humans at a fraction of the cost.

In the future I can see some hothead-customer giving-the-business to some robot bc of poor-customer-service and the robot kicking-his-ass

^ talk about advanced

The best thing about these robots is they are software based and would sell for huge margins. It might cost $10,000 to build the hardware but they could be leased to manufacturers for $40,000/year. Instead of paying a human $50,000 ( plus benefits ) to work one shift putting wheels on a car, you’d get a robot to do it for 24 hrs a day, 365 days a year.

But won't the robots be accused of robot-privilege?

Now, imagine Tesla had 5 million of these robots working in factories in 2030. That’s $200 Billion of pure profit annually to Tesla. At a P/E of 20, the business would be valued at $4 Trillion, making it the most valuable company on earth. And that’s just one business segment for Tesla.

This isn’t science fiction. The basic technology already exists. And it could begin happening within a few years.