Economic Impact: Labor, GDP, and TAM

Dan Sullivan and Peter Diamandis discuss Elon Musk’s prediction that by 2040, humanoid robots could equal the human population. They explore how robots will become a normal part of life, similar to the Industrial Age’s factory machines. Peter also highlights the global growth of humanoid robotics and previews innovations coming to the 2026 Abundance Summit.

In this episode:

• There are over 100 humanoid robot companies globally, with significant investments in both China and the U.S. and the rise of humanoid robots is imminent, with predictions of up to 10 billion humanoid robots by 2040.
• The average price of humanoid robots is projected to be between $20,000 to $30,000, making leasing options feasible for consumers.
• Humanoid robots are likely to find traction in industrial applications, particularly in dangerous or heavy work environments where reliability is crucial.