
Zornitsa Todorova
Head of Thematic FICC Research and an expert on robotics and physical AI, presenting research on the economic implications and supply‑chain dynamics of humanoid robots.
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Jan 20, 2026 • 12min
Rise of the humanoid robots
Zornitsa Todorova, Head of Thematic FICC Research and robotics expert, dives into the future of humanoid robots. She explores how the market, presently worth $2-3 billion, could skyrocket to ~$200 billion by 2045. Zornitsa breaks down the importance of 'brains, brawn, and batteries' in robotics, emphasizing that mechanics significantly impact costs. She also discusses demographic shifts driving demand, particularly in sectors like healthcare and agriculture, making humanoids a viable solution for labor shortages.


