Part 8/11:
He warns that the physical AI market could far surpass the software AI market because it addresses trillion-dollar global labor costs. If a company can deploy humanoid robots at scale, it could fundamentally alter the cost structure of industries worldwide.
Investment Opportunities and Market Implications
For investors, Ives highlights several key players:
Tesla, as the public market leader in humanoid robotics,
Figure AI, a private company making significant advances, poised for an IPO,
Nvidia, as the "picks and shovels" provider supplying vital AI chips.