Elon Musk Predicts 10 Billion Robots by 2040

During the Future Investment Initiative conference in Riyadh, Elon Musk predicted that by 2040, there will be at least 10 billion humanoid robots, each costing between $20,000 and $25,000. He stated that Tesla's Optimus robot could potentially increase the company's valuation to $25 trillion, while robotic taxis could elevate it to $5 trillion. Musk expressed concerns about population decline and the need for 'maximally truth seeking' AI, criticizing some AI systems for being overly politically correct. He also discussed the transformative impact of robots on labor markets, potentially displacing jobs but creating new sectors focused on maintenance and ethics. Musk's comments suggest a future where autonomous vehicles and space travel are also significant, with predictions of unsupervised self-driving cars being deployed in the US soon. His views highlight both optimism and caution regarding technological advancements and their implications for society.