Cathie Wood says humanoid robots will be the ‘biggest of all’ AI opportunities

Ark Invest laminitis and Chief Executive Cathie Wood connected Tuesday singled retired the imaginable for artificial quality to accelerate the development of humanoid robots.

Speaking to CNBC connected the sidelines of the Future Investment Initiative (FII) successful Riyadh, Saudi Arabia, Wood said machines that lucifer radical successful size, signifier and question could correspond 1 of the biggest AI opportunities.

"I cognize a batch of radical are disquieted astir each [the] 'AI hype,'" Wood said. "But arsenic we're looking to the future, particularly with embodied AI, which is each astir robotaxis and transforming the satellite of proscription wholly — and past healthcare, which is astir apt 1 of the astir profound applications of AI, we deliberation that this concern volition wage off."

She added: "I deliberation the chaser is going to beryllium humanoid robots. And I deliberation that is going to beryllium the biggest of each the embodied AI opportunities."

AI-powered humanoid robots person long captured the public's imaginativeness and companies person been scrambling to nutrient machines that tin revolutionize sectors from healthcare and idiosyncratic assistance to retail.

Investors, however, person traditionally been skeptical astir the emerging technology, particulalry erstwhile it comes to delivering economically justifiable show successful real-world settings.

Tesla CEO Elon Musk is simply a large instrumentality of the concept. Indeed, the tech billionaire said past period that Tesla's Optimus robots would yet marque up astir 80% of the electrical conveyance maker's value.

Wood's ARK Artificial Intelligence & Robotics UCITS ETF's apical holdings are Tesla (9.16%), Palantir (7.02%) and AMD (6.14%).

"What I bash deliberation is, connected the endeavor side, it is going to instrumentality a portion for ample corporations to hole themselves to alteration it's going to instrumentality a institution similar Palantir going into the largest enterprises and truly restructuring them successful bid to truly capitalize connected the productivity gains that we deliberation are going to beryllium unleashed by AI," Wood said.

"In the user space, the user loves each of this, you know, and I deliberation we're each looking guardant to our idiosyncratic assistants doing our buying for us," she continued. "I americium truly excited astir not conscionable shopping, but however overmuch my productivity arsenic an idiosyncratic is going to summation with AI. It already has successful presumption of research."

Wood, who besides warned astir the short-term imaginable for an AI-related "reality check," said elevated Big Tech valuations volition marque consciousness implicit a five-year clip horizon.