The $10-a-Day Workforce
Here Are The 16 Leading Manufacturers according to Peter Diamandis: Tesla, Figure AI, Agility Robotics, Boston Dynamics, Unitree, 1X Technologies, Agibot, Apptronik, Beijing HRIC, EngineAI, Engineered Arts, Fourier Intelligence, Kepler, Robot Era, Sanctuary AI, Xpeng.
Peter Diamandis, futurist, entrepreneur, and author, predicts that humanoid robots will transition from beta testing in homes to a $24 trillion economic force by 2040. Peter is also the author of “The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives”, co-authored with Steven Kotler. The book explores how exponential technologies like robotics, AI, and automation are reshaping industries and the economy, aligning closely with the themes of humanoid robots and their potential impact. With projected leasing costs of just $10 per day, these robots could transform industries from elder care to manufacturing, replacing traditional labor with tireless efficiency. Companies like Tesla, Boston Dynamics, and Agility Robotics compete to dominate this market while nations vie for geopolitical and economic advantages to automate the workforce. With elder care needs rising and global labor costs increasing, robots will soon redefine societal norms and global power structures, offering unprecedented opportunities and challenges.
My Take
Humanoid robots will lower labor costs and force us to rethink labor itself. The challenge is to ensure that their integration uplifts humanity rather than exacerbating economic disparity. Over the next five years, humanoid robots will progress from advanced prototypes to beta testing in real-world scenarios like homes, warehouses, and healthcare. This phase will focus on refining functionality, lowering production costs, and building the infrastructure needed for large-scale manufacturing and adoption. Humanoid robots will be in mass production within 5–10 years.
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Credit: Forbes
This post reflects my own thoughts and analysis, whether informed by media reports, personal insights, or professional experience. While enhanced with AI assistance, it has been thoroughly reviewed and edited to ensure clarity and relevance.