Humanoid bots are expected to become more affordable in the near future, with manufacturing costs decreasing significantly, making them more accessible for businesses and homes
Questions to inspire discussion
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What is the predicted cost range for humanoid bots in the near future?
—The predicted cost range for humanoid bots in the near future is between $10 to $20,000, with manufacturing costs expected to be lower than initially anticipated.
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What is the most complex and costly component of humanoid bots?
—The most complex and costly component of humanoid bots is the actuators, but with the ability to scale and produce them at a lower cost, the overall cost of the bots can be significantly reduced.
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What are the main challenges in reducing the cost of humanoid bots?
—The main challenges in reducing the cost of humanoid bots are managing expectations, scaling and manufacturing, and convincing people of their effectiveness in the household.
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What are the main components of humanoid bots that contribute to their cost?
—The main components of humanoid bots that contribute to their cost include structures, motors, battery cells, PCBs, CPUs, GPUs, and cameras, with a focus on reducing the expense of actuators and motors.
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—The potential future market for humanoid bots is expected to be a trillion-dollar industry, with the potential for them to become more prevalent in businesses and eventually in the home market as they become more useful and prevalent in everyday life.
Key Insights
Cost and Accessibility of Humanoid Bots
- 🤖 Humanoid bots could be available for $10 to $20,000 in the near future, making them more accessible to the general public.
- 🧠 The chips are the hardest thing to produce, but we know how to do it pretty cheap, and Jensen definitely knows how to do it pretty cheap.
- 🧠 There is a potential for humanoid bots to be produced for as low as 10,000, making them more affordable and widely available.
- 🧩 The use of injection molded plastic for certain parts of humanoid bots can drastically reduce production costs, making them more cost-effective for mass production.
- 📈 The potential market for humanoid bots is estimated to be so lucrative that producing just a million bots a year could make a company a $10 trillion company.
Technological Advancements and Manufacturing Challenges
- 🧠 The intelligence of humanoid bots is advancing rapidly, showing the potential for autonomous learning and problem-solving.
- 🧠 Humanoid bots are designed with a high level of complexity, with most of it being in the motors, which are not just lumps of metal but have a lot more going on.
- 🔧 The use of bots in the final assembly process of forming structures like arms and legs could revolutionize the manufacturing industry.
- 🤖 The rapid advancement in training autonomy for AI bots is surprising and could lead to significant progress in their capabilities.
- 🏭 Manufacturing and scaling up production of humanoid bots is the next challenge for companies, with partnerships and factory plans already in motion.
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Clips
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00:00 🤖 Humanoid bots will be available for $10 to $20,000 in the near future, with manufacturing costs lower than expected, making them more agile and versatile in human-designed environments, with actuators being the most costly component but potentially scalable for lower overall costs.
- The CEO of Nvidia discusses the future of humanoid bots, predicting manufacturing costs to be much lower than expected, likely between $1 to $220,000, and Elon Musk and Brett Adcock also share their insights on the cost and components of humanoid bots.
- In the near future, humanoid robots will be available for $10 to $20,000, with manufacturing costs likely to be lower than expected, making them more agile and versatile in environments designed for humans.
- Warehouses and other environments were designed for humans, and it is believed that humans would be more productive in those environments, as stated by Jensen and Elon, who also discussed the difference between building cars and building humanoid bots.
- The most complex piece of equipment in humanoid bots is the actuators, which may be costly, but the hardest thing to produce is the chips, which can be done relatively cheaply.
- CEOs are cautious about giving specific numbers for humanoid bots, as they want to manage expectations and are unsure of potential hurdles.
- Actuators are the most costly component of humanoid bots, but with the ability to scale and produce them at a lower cost, the overall cost of the bots can be significantly reduced.
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05:26 🤖 Humanoid bot costs are expected to decrease significantly, with a focus on reducing the expense of actuators and motors, and the ability to manipulate and press buttons.
- The cost of humanoid bots is expected to decrease significantly, with estimates ranging from under 10,000 to between 10 and 20 thousand dollars, as the technology scales up.
- The cost breakdown of humanoid bots includes structures, motors, battery cells, PCBs, CPUs, GPUs, and cameras, with a focus on reducing the expense of actuators and motors.
- Humanoid bots can now be taught autonomy and how to use everyday objects, such as a Keurig, with the ability to manipulate and press buttons, making fingers essential for their functionality.
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08:07 🤖 Humanoid bots are made of low-cost materials, with cameras and batteries being inexpensive, but the overall cost of building them is estimated to be around $30,000 to $40,000.
- The structure of humanoid bots is made of aluminum and plastic, with the cost being relatively low, especially at scale.
- Cameras in our pockets are really good and inexpensive, and the cost of batteries for a Tesla is much lower than expected.
- The cost of building humanoid bots is estimated to be around $30,000 to $40,000, with the most expensive components being the motors and actuators.
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11:00 🤖 Tesla showcases their bot-building capabilities, with the cost of manufacturing humanoid robots being significantly lower than cars, and Elon Musk aiming for them to be affordable.
- Elon Musk and Sam Korus discuss the complexity and manufacturing ramp of humanoid bots, with Tesla showcasing their bot-building capabilities.
- The cost of manufacturing humanoid robots is significantly lower than that of cars, with the main constraint being software capability rather than manufacturing capability.
- Kristen drives a high-end car that requires less overtime, and humanoid bots have a lot of complexity per unit volume and mass due to the motors.
- Elon Musk believes that the cost of building something should be proportional to the amount of material, and that humanoid bots should be affordable, with the cost being less than a car.
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14:37 🤖 Tesla and other companies are working on easily manufacturable humanoid bots that can be assembled at scale and at low cost using specialized machines for high volume production.
- The company is working on making humanoid bots with easily manufacturable components that can be assembled at scale and at cost, and they have already demonstrated the ease of assembly by showing a video of the bots putting another bot together.
- The design of the humanoid bot is simple and easy to manufacture, making it easier to scale up production.
- Tesla will be able to produce humanoid bots in high volumes quickly, and the demonstration of the bot making a bot was just for show.
- Humanoid bots will be mass produced in factories using specialized machines for high volume and low cost production.
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17:56 🤖 Humanoid bots will revolutionize production processes, driving down costs and increasing automation, with the potential for scalability and affordability in the near future.
- Humanoid bots will be used for loading, unloading, and final assembly tasks in the production of actuators and other components, leading to highly automated processes with minimal manual steps.
- Automation and hard automation make sense for high volume tasks like bottling soda, but there are still some manual processes that may be necessary in certain cases.
- Humanoid bots will drive down production costs and increase automation, but the most high-tech and essential component is the chips, which are produced in high volume and are relatively cheap.
- Humanoid bots are currently limited in functionality and affordability, but the CEO of NVIDIA is confident in their ability to scale and reduce costs, and it is possible to purchase a bot today.
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21:10 🤖 The CEOs of NVIDIA, FIGURE, and TESLA discuss the future of humanoid bots, their low manufacturing cost, and the development of consumer-friendly versions for home use.
- CEOs of NVIDIA, FIGURE, and TESLA discuss the future of humanoid bots, their manufacturing cost, software integration, and the potential for the cost to be reduced to $10-20,000.
- The cost of building humanoid bots can be kept low by using inexpensive actuators and motors, even without using exotic materials.
- Tesla and FIGURE are developing humanoid bots for different purposes, with FIGURE focusing on creating a lighter, consumer-friendly version for the home market.
- The humanoid bots are designed with tendons instead of actuators to ensure safety and are being developed for home use.
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25:02 🤖 Humanoid bots' cost can be reduced to $10,000, they can be trained quickly for autonomous work, and will become prevalent in businesses and homes, potentially becoming a trillion-dollar industry.
- The CEO believes that the cost of humanoid bots can be reduced to around $10,000 through simplification and novel actuation methods, making them accessible to the mass market.
- CEOs are surprised by how quickly humanoid bots can be trained for autonomous work, with the only limiting factor being the cost of actuators, and the main challenge now is scaling and manufacturing.
- The demand for humanoid bots will initially drive up prices, but manufacturing costs will decrease as production scales up, with only a few companies, such as Tesla, demonstrating the ability to manufacture at scale.
- Humanoid bots will gradually become more prevalent in businesses and eventually in the home market, with the potential to become a trillion-dollar industry, and people will likely want to buy them as they become more useful and prevalent in everyday life.
- Humanoid bots have the potential to perform useful tasks, but there are still challenges to overcome in convincing people that they will work effectively in the household.
- The scaling of humanoid bots will lead to faster progress and economic returns for companies.
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Duration: 0:33:38
Publication Date: 2024-04-24T21:45:15Z
WatchUrl:https://www.youtube.com/watch?v=XcReCeWuBlk
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