Industrial robots may matter more than robots in the home

Transcript

From the transcript The Diary Of A CEO publishes with the episode.

1. 16:03

   you've got Optimus Robots, the human-ed robots, where he says they'll be some of the quotes that he said, I mean, it might be marketing, but he's predicting that you won't need to be a surgeon because there'll be so many Optimus robots that are more advanced than he's surgeon on earth, so Optimus robots will be doing surgery. If you combine intelligence with physical power that comes from these robots, it does beg the question where human skills remain outside of the relational stuff and Maslow serving Maslow's hierarchy of needs. That's one of the things I contend with. I'm like, you're seeing in China, especially how robots are really changing production lines. I saw this video the other day of, I think it was in India or Bangladesh, where they had the factory workers have cameras on their heads so that they could film their hands because they're

2. 16:53

   intent on replacing them with robots. This combination of intelligence plus robotics feels like it's two synonyms at the same time. I think that's right, but let's use the surgeon as an example. I think the robot in the context of surgery will be not a replacement but a supplement, and that is there'll be a large class of surgeons who know how to weaponize robotics to be better surgeons and quite frankly do two surgeries a day instead of one. I think most brain surgeries take four or six hours. Using robotics and precision instruments, a great neurosurgeon will be able to increase the productivity and the accuracy of their surgeries. My big tech stock thick of 25 was alphabet because it was trading at a P of 17. I just saw it as being ridiculously cheap because everyone thought OpenAI was going to put it out of business. My big tech stock thick for 26 is Amazon.

3. 17:42

   Because I think where robotics really hit the rubber meets the road in terms of shareholder value is the collision of AI and industrialized robots. There are 400,000 industrialized robots in the US and there's a million at Amazon. Amazon is two and a half times the number of industrialized robots as the rest of the nation combined. But the notion that we're going to have someone in our house bringing our tea a robot. I don't buy that at all. I think that automated robotics, the collision of advanced manufacturing in China and using AI with robotics will yield tremendous advantage.

4. 18:16

   Amazon is saying they're going to double their largest business, which is their retail business by 2032 without an incremental hire using robotics industrialized robots and they were early. They made an acquisition 10, 15 years ago of a robotics company called Kiva. But the notion that there's going to be a robot bringing me my tea here. That's bullshit. The scary thing for me that I want to know more about is weaponized industrialized robots as warriors because I wonder if you can