I thought this was an interesting discussion on AI about 1 month-ago.
Topics include:
Amazon, Nvidia, Microsoft, Super Micro Computer, Tesla, John Deere, Take Two Interactive, and non-AI at the end - Celsius and the liquidation of the DeSantis estate shares.
-One of the most interesting things was about how humanoid robots are coming along quickly and for one of the guys, it was his main thesis for owning Tesla.
Also, a discussion on Tesla’s new Partnership with Uber and the future of Robotaxis. Herbert thinks 2024 will be the year of partnerships for Tesla, perhaps even a partnership with Ford:
I agree. The economic potential is huge, cars replaced horses while humanoid robots will replace workers. A humanoid robot should be less costly than an EV. A $20,000 robot could replace a worker who costs over $100,00 per year! Since Tesla is so diversified, it can start using the robots in house in a variety of environments. A robot only company does not have such a great testing/training playground. The synergies are fantastic.
I wrote elsewhere:
Looked at from an investor’s point of view ‘arrival’ is crossing the chasm which is likely several years in the future. The risk averse should wait for that crossing. In EVs I figured it was 2020. Investors who bought earlier made a huge bundle but with a much larger risk profile. The interesting thing about the Optimus robot is that you can invest early with less risk because the stock is backed by half or a dozen other product lines, EVs, charging, insurance, FSD, storage local and megapacks. You don’t get such opportunities with one trick ponies.
