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Musk predicts 1 billion humanoid robots within a decade, $30 trillion AI boost to global economy - RobotHOT

Musk predicts 1 billion humanoid robots within a decade, $30 trillion AI boost to global economy

Elon Musk, chief executive of Tesla and SpaceX, predicted on Tuesday that artificial intelligence could expand the global economy by 20% to 30%, generating up to $30 trillion in annual economic output, while forecasting that at least 1 billion humanoid robots would emerge within the next decade. “The productivity gains from AI are already evident, and robotics will take that to a completely new level,” Musk said via video link at the G20 summit in Asheville, North Carolina. “To put this in perspective, I think AI could increase the size of the global economy by 20% to 30% – that’s a rough estimate – which means roughly $20 trillion to $30 trillion per year in additional output”. Musk expressed his...

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