Part 7/11:
Tesla's exploration of humanoid robotics through the Optimus project stands to reshape the landscape of labor. Predictions suggest that if Tesla can produce Optimus robots at costs lower than $10 per hour for labor and less than $20,000 for initial production, it could access a previously unrealizable TAM of around $25 trillion. Such a shift would not only replace jobs but could potentially create new roles and opportunities due to lower labor costs, fundamentally reshaping labor dynamics globally.
Tesla’s combination of advanced technology and its capability to engineer a comprehensive marketplace for humanoid labor presents a unique competitive advantage. Conventional robotics startups may lack the breadth of vision required to create a new global labor market.