Generative AI and Humanoid Robots: The Future of Technology

In the next 10 years, humanity will experience as much progress as we have had in the past 100 years.

What will be the generation-defining technology breakthroughs?

I'll start things off:

— Alex Banks (@thealexbanks) June 10, 2023

1/ Generative AI

Bloomberg Intelligence expects the market for Generative AI to reach $1.3 trillion in 2032.

2022's market: only $40 billion.

It will disrupt everything from customer service to banking. pic.twitter.com/hRzbJ08nuE

— Alex Banks (@thealexbanks) June 10, 2023

2/ Humanoid robots

The total market for human labour is ~$42 trillion.

Goldman Sachs estimates the market for humanoids to be $154 billion by 2035.

2025-2028: Factory settings
2030-2035: Consumer applications

Humanoids will step from the warehouse floor into our homes. pic.twitter.com/STNQuFTzGv

— Alex Banks (@thealexbanks) June 10, 2023

3/ VR & AR

The augmented reality market is expected to hit $597 billion by 2030.

With Apple's Vision Pro, you use your voice to dictate & navigate with your eyes.

This will kick off a new era of spatial computing that will change applications forever.pic.twitter.com/GNSgPzOHFj

— Alex Banks (@thealexbanks) June 10, 2023

4/ Brain-computer interfaces

The brain-computer interface market is projected to reach USD $9 billion by 2032.

Neuralink recently got FDA approval for their first-in-human clinical study.

This could redefine our understanding of intelligence forever. pic.twitter.com/1PMXsULbGL

— Alex Banks (@thealexbanks) June 10, 2023

We must embrace technology as a tool to solve the world's biggest problems.

Don't let the pace of the future leave you behind.

Start preparing yourself today, it'll be faster than you think.

— Alex Banks (@thealexbanks) June 10, 2023

The time to build is now.

Follow me @thealexbanks for more on AI.

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— Alex Banks (@thealexbanks) June 10, 2023

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— Alex Banks (@thealexbanks) June 10, 2023

Our rate of acceleration isn't just exponential.

AI is bootstrapping on the back of multiple laws.

• Moore's law — Advancements made in computing power
• Evolutionary biology — Knowledge accumulated throughout time
• Self-improving systems — AI learning & improving from data

— Alex Banks (@thealexbanks) June 10, 2023

I can't wait to look back on this thread in 10 years' time and see how we blew past all of these expectations.

Especially when I have a @Figure_robot walking through my front door 🦾

— Alex Banks (@thealexbanks) June 10, 2023