The Humanoid Robot Revolution: Who Wins the Race?

The race to bring humanoid robots into everyday life is heating up, but which companies will come out on top? This week on the Talking Wealth Podcast, Filip Tortevski and Pedro Banales explore the companies leading the humanoid robot revolution, from Tesla and Boston Dynamics to emerging competitors challenging the industry giants. With billions being invested in robotics, they also discuss which publicly listed companies could benefit from this rapidly developing industry and what investors should watch as the race unfolds.

• 0:01Speaker 00

  This podcast is brought to you by Wealth Within, a global leader in stock market education. For more information on our courses, head over to wealthwithin.com.au. Please note that the information in this podcast should not be considered personal financial advice. Enjoy.

• 0:20Speaker 01

  Welcome to another Talking Wealth podcast. You're on with Phil and Pedro. And today, I'm really excited for this one. We're going to be discussing something in the futuristic space and a huge, huge area that, you know, we both believe that people should be definitely taking notice of right now. And that's humanoid robots. You know, where are the bottlenecks? Where are the investment opportunities? What needs to be done to make this a future? How can we bring this to life? In the good future? We're not talking about the Terminator future. So, Phil, I know you've got a lot of, you know, opinions on this and a lot of thoughts. So yeah, let's kick it off.

• 1:06Speaker 02

  Yeah, yeah, good. It's, I think more than anything, I recently saw something online about one of these famous trend investors, social trend investors that's done really well. And this was one of the trends he was referring to saying that he's big on the robotic space over the next 10, 20 years, thinking that the only thing is that there are a few challenges, but he's invested heavily in it. And this guy's done really well, you know, with, he was one of the market wizards, I think, but he's done really well with, with what he's, he picked AI relatively early as well. And he's saying this is the next one to, you know, probably be that. And so it's going to be interesting to explore because

• 1:51Speaker 02

  if it is, you know, we all saw how the AI trade eventuated and really life changing money possible. If we can get this right, it's just, do we get it right? What areas will do well? Will it just be the robot itself? Will it be the energy behind the robot? Will it be the technology behind the robot? Which companies will be the big dominators? So understanding and exploring, I know you've got some really, really nice graphics here, but exploring everything that goes into this robot, I think is going to be very insightful for people. And, and obviously, we're going to, you know, cover off where that investment is because that's what we're all about. So definitely, yeah, excited.

• 2:29Speaker 01

  Yeah, yeah, same. And, you know, I was doing a bit of research on this myself a couple of weeks back. And because I started thinking, what, what really does it take, you know, to bring this to life? And one of the big bottlenecks has to be energy. I mean, I, the research concluded that the, the most amount of time that they can have a humanoid robot unplugged, running at the moment is about six hours. So surely we're going to need them to run a little bit more than six hours, right? So, you know, yeah, well, it depends what.

• 2:59Speaker 02

  I mean, cleaning and cooking, but does it take that long, you know?

• 3:03Speaker 01

  Oh, it depends. I'm sure it'll take a lot quicker than, than what I could do it.

• 3:08Speaker 02

  Yeah.

• 3:09Speaker 01

  Definitely not six hours. At least it'll do it.

• 3:11Speaker 02

  Definitely. And, and you know what? And, and probably, I'm not going to go there. I was going to say, that's very wrong, but about that. But, you know, you know, just on, on a serious note, for what they really want to use them for, especially, you know, there's a lot of men out there that want to use them for suddenly six hours. I think they're stretching their capabilities. They probably didn't need it for 10 seconds.

• 3:33Speaker 01

  You're going to be seconds should do it. Well, that, I mean, that's something that we didn't put in here because it's obviously, you know, a whole different, but they are developing that, you know, you see it sometimes come up on, on the, on the social media feeds. And, you know, they are developing those type of humanoid female robots, working type of robots that are, yeah, it's, that's becoming a reality for sure.

• 3:57Speaker 02

  I know we joke about it, but it's, I don't think it's a joke. I think it's really something where if you're talking about the demand, it has to be a serious consideration in how big the demand grows. Because we know that industry, call it taboo, whatever, that industry is, you know, it, it, it exists and it's, it's, it's going to exist forever.

• 4:21Speaker 01

  Yep.

• 4:22Speaker 02

  You would think. So it's an important thing to, to think, if you're thinking as an investor, everything's on the table.

• 4:29Speaker 01

  Yeah, for sure. And, you know, going back to that energy story, you know, robots, one of the main purposes is going to be in factory settings and, and, you know, warehousing and all of that. And they do have the ability that they can go back and recharge. So you could have maybe a fleet of robots, you know, half of them are working, half of them are charging, and then they swap over. Maybe the ones that are charging then take over, and then the other ones go back and into a charging station. So the energy story is, is considerable, but it's probably not the main bottleneck. And I think that you were alluding to as well, that, you know, regulation could be a big one as well. And I totally agree, especially when it comes to robots in the, in the, in the home. But let's kick

• 5:11Speaker 01

  it off to, I mean, what are basically, you know, humanoid robots? They're basically robots that look like, like humans. Because at the moment, there, there has already been a robot revolution for many years. And, and that's factory robots, you know, the ones that make the cars, the ones that, they're in some coffee shops as well, in Japan and so on.

• 5:35Speaker 02

  Mate, I would say even domestic, like, you know, robot vacuums, we, we have one, you know, robot vacuums is also robot, you know, lawn mowers.

• 5:43Speaker 01

  Yep.

• 5:45Speaker 02

  So it's already, there is robotics. Like even if you go to, there's a chicken shop, and I won't name where, but fried chicken, it gets made by a robot hand, and a robot actually comes out and serves you. It's a Korean fried chicken.

• 5:58Speaker 01

  That's awesome.

• 5:59Speaker 02

  So, and you see it, you see it in, in the shop, like there's a robot hand dunking the fried chicken in the, you know, in the thing, doing it all. And then it goes on this like little R2D2, that's got the chicken in the back of its, on its back in, in a hole. And it come, you know, drives up to your chair and serves you the chicken. So even in Japan, they've got like police as well, robot police.

• 6:22Speaker 01

  Yes, robot, yeah, just patrols.

• 6:25Speaker 02

  Yeah.

• 6:26Speaker 01

  Yeah. You see that a lot in Asia, you know, in, in Asian countries, right now, they're, they're having them in restaurants. In Taiwan, they had it in, in the shopping centres. It's a, just an automated, like cleaning robot as well, and just walking around, giving information. So definitely there's those, but we're specifically talking about humanoid robots, which is, you know, that's the next frontier. That's really what everybody wants to get to, you know, possibly to deploy them in multiple aspects to the moon and so on. So what are the bottlenecks? So let's get straight into it, right? Power and battery life. So we already touched on that. How do you fit enough energy into a compact robot without making it too heavy? And one of the, the things that we're looking

• 7:09Speaker 01

  into is solid state batteries. That's, that's where I was doing some research. And it looks like Samsung, a subsidiary of Samsung is looking into, you know, how to develop them as well. So then there's the actuators and dexterity and dexterity, sorry. And that's how robots can move their joints, grip delicate objects, going back to, to your point about those other types of robots, and manipulate unfamiliar items with sufficient precision.

• 7:40Speaker 02

  Wow.

• 7:41Speaker 01

  It's basically hard to replicate. It's hard to replicate the, the human hand. And that's, that's, you know, I think there was a, there was a lady in America, I forgot her name, but she won like some awards for being able to figure out. She was like a, she studied the human hand. And, and she applied it to engineering. She was, she's great. I mean, she's still alive, I say was, but she's still there. So she developed, you know, the, the fundamentals, the foundations of how to, how a robot moves their hands. But still, they haven't got it perfect to this day.

• 8:16Speaker 02

  Yeah. And I'm not sure whether it was, I think it requires us, that requires a certain type of, not energy, but certain type of technology for, for that touch and, and, you know, movement and all that kind of stuff. And there is a company, I know we're going to do our, our show on, on the bonus, on this kind of stuff. It just escapes me. It might be a German company or an American company that specializes in that specific technology. I think Nvidia might have a bit of a piece of it too. I'm not too sure. I'm not a hundred percent, but I know it's one of, one of them. And, you know, it's like they're already, you know, if you're the company that, that has that, because that's

• 8:59Speaker 02

  the thing with this space, you may be buying a company, or companies will exist that may have pretty serious moats. Like, if you get there first, if it's hard to do, you know, yes, competitors will come. But if you are the genius behind that specific technology of, of, of the robot, you might be looking at these companies that could be around for, for a long time, not just flash in the pan type investment opportunities.

• 9:30Speaker 01

  Yeah.

• 9:30Speaker 02

  It's just, it's all the unknown though, you know, I'm not an expert in robotics or technology like that. I wouldn't know. So I'd be looking at, for me, it'd be always looking at the price action and, you know, the charts that give us the indication.

• 9:40Speaker 01

  At the end of the day, that's it. Yeah.

• 9:42Speaker 02

  But nevertheless, that's, that's the possibility, I think, here.

• 9:46Speaker 01

  For sure. And what I like about Nvidia, they've got this environment, it's like a virtual AI environment where you can train the robot, and it trains them in like a thousand different possibilities and movements in the matter of minutes. So you can train the robot in that environment. And then whatever it finds from that, and they make different scenarios, like chairs and, you know, tables and all that, and makes it, you know, move around and figures out the dynamics of how to move most efficiently through that. And then from those findings, they just inject that data into a real life robot. And now he's already learned. It's kind of like, you know, Neo in, in The Matrix, where they just inject and he says, I know Kung Fu. It's basically just injecting that, that knowledge

• 10:29Speaker 01

  and they can just replicate that throughout robots. And so that, that type of technology definitely is, is, you know, something that, that would be like a moat. So AI and real world learning, can robots learn new tasks and respond to unexpected situations without extensive retraining? So that, that's a, something, a bottleneck that Elon Musk faces with the robot taxis and so on. And they're, they're automated driving, right? Like in real life scenarios, roads are not just, you know, data points, it's zeros or ones. It's like, it's complicated.

• 11:04Speaker 02

  Well, you have humans, you know, humans driving and humans can be irrational. Like, how can you predict with an AI that someone's going to be driving and drinking their, you know, let's just say, their Macca's milkshake and dropping it?

• 11:21Speaker 02

  While they're on their phone and spinning out and just spinning the wheel and you know, how do you, I don't know, like you can probably make parameters for like crazy situations, but you're right. That is the big bottleneck. It's like, how do you try to oversee or stay safe in an environment that quite frankly, um, has a lot of unknowns and a lot of irrational behavior.

• 11:45Speaker 01

  For sure. And ethics comes into that, you know, with, with the driverless cars. There's that, you know, conundrum that they say if the car is driving and it's, it's, it's out of control. And there's like a, a 10 year old child or a, an 80 year old woman, just say for, for instance, and it's going to serve, it's going to hit one of them. Which one makes, which one would it, would it choose? Is it, that swerve and hit the, the, the older, the elderly lady, which, you know, okay, she's lived her life. Um, it makes more sense to, to keep the, the, the boy alive, but why is her life worth less than somebody else's? I mean, they're still a human being.

• 12:21Speaker 02

  So it's, it's an interesting question, you, what you, what you say, because a human kind of can make that decision, you know, on, in a, in a flash, but then again, it's like, do we, are they even thinking about that? Like, does it go as far as that to, you know, who dictates that? Because the argument may be, well, it's got, you know, it's going to hit somewhere. How do I make it more, most efficient for the person inside the car? Or how do I limit the damage for, for that? Like, you don't, it just brings up a whole, I, I, I'm no expert on it. And it brings up a whole range of questions, but you're right, that is the biggest bottleneck right now, why we don't have so much of them.

• 13:03Speaker 02

  Like in, in Asia, they, that's the, the thing with Asia, their regulation, I mean, they get so much more done because they just go and do it.

• 13:11Speaker 01

  Um, yeah. Test it and break it.

• 13:14Speaker 02

  It's good and bad, you know, it's good and bad, but at least the proof is in the pudding where they are technologically like, go to, go to Japan and go to China and then look at the West and you go, well, they're two different worlds. These guys are living in the future.

• 13:29Speaker 01

  Yeah. Yeah. They've even got, I think in China, they've got those, um, already they're, they're taking people using the big drones, like taxis, big drone taxis.

• 13:37Speaker 02

  Are they? Is that already out?

• 13:39Speaker 01

  Yeah, they're already out, like transporting people from, from skyscrapers and all of that. So, I mean, in, in the West, we'd have to think about regulations, do the birds own any air rights and who, you know?

• 13:52Speaker 02

  How much tax you can, how much tax you can get out of it before you do it, because someone's got to get paid.

• 13:58Speaker 01

  Exactly. How many potholes there would be in the air, like they are here in, in Melbourne, uh, but we won't go there.

• 14:05Speaker 02

  How much, um, how much, uh, we have to charge for the extra climate for, because, you know, the pollution and.

• 14:13Speaker 01

  Yeah, yeah.

• 14:15Speaker 02

  There's a lot of it, yeah.

• 14:16Speaker 01

  So unfortunately.

• 14:17Speaker 02

  We don't offend, we don't offend, you know, certain parties and certain peoples and it's got to be all right.

• 14:26Speaker 01

  Yeah, so much to consider, so much. Um, and the, the last one that we've got is, uh, you know, reliability and cost. Can they operate for a full shift, recover from mistakes and become an economical enough, economical enough for business to deploy at scale? So, a, a January 2026 Trend Force report highlighted battery endurance as a limitation for humanoid designs, with reported operating times varying by model and workload. Uh, treat specific runtime estimates, uh, as design dependent rather than industry wide benchmarks. So, uh, like it said, it was, um, dependent on load and, and, and difficulty of, of, of the task. So the, the question is, could supplies of batteries, motors, precision gears, sensors all benefit from this?

• 15:11Speaker 01

  Absolutely. And, and we're going to be covering some, uh, a little bit later. Uh, so who's leading the humanoid robot race at the moment? Well, the most popular one is, is Optimus and that's from Tesla. Tesla is developing Optimus with the ambition of using AI and large scale manufacturing to produce general purpose humanoid robots. And I think that they're using a bit of data from their, from their Tesla driving cars, right, that they've gathered.

• 15:34Speaker 02

  Yeah, yeah, yeah.

• 15:34Speaker 01

  That's their little bit of a moat that they've got.

• 15:37Speaker 02

  Yeah. Yeah. Yeah, for sure. I mean, that, that's part of the, the value of, of, um, Tesla as well. It's the technology behind the autonomous driving, not just the autonomous driving, because they're first.

• 15:48Speaker 01

  Exactly. Uh, next one, we have Boston Dynamics. So I think somebody was looking to take over this company, to buy this company. I'm actually going to search it up now. Um, who is buying Boston?

• 16:02Speaker 02

  Did something happen? Did something happen with?

• 16:06Speaker 01

  Hyundai, Hyundai Motors.

• 16:09Speaker 02

  Yeah. Uh, I'm not sure if I heard, or if I'm reading, uh, if I remember correctly. The Boston Dynamics, these guys were, um, for military use.

• 16:19Speaker 01

  For military, they started off like that, yeah.

• 16:22Speaker 02

  Right? And I remember some stuff went AWOL or, or, um, something happened and then it, it went quiet for, for a long while, because they were popping out like these predator looking robots that go on all fours and instead of dogs and stand up, it started getting a bit freaky. But then I didn't hear much of them since then. Like, I'm pretty sure something happened. I'm not sure exactly what it was. Um, but obviously back in the picture, Hyundai, wow.

• 16:49Speaker 01

  Yeah, Hyundai, and, and they are buying it. So it's confirmed, they are buying out the remaining stake. So they already had a stake. And now they're buying out the remains. So Hyundai Motor Group, you know, they, they, they could be ones to, to look out for because, uh, they're already, you know, well versed in manufacturing in that space. I think that's a perfect partnership, isn't it?

• 17:08Speaker 02

  Car, car makers and robots factory.

• 17:10Speaker 01

  Car makers and robots, that's, that's it. That's the, the, the, what you want there. Um, so I mean, Boston Dynamics as well, you would have seen the, the, the flipping robots as well. I'm not sure if you guys have seen.

• 17:23Speaker 02

  Yeah, that's right, yeah.

• 17:24Speaker 01

  The one that flips, that was, uh, Boston Dynamics. Uh, so definitely one, hmm.

• 17:29Speaker 02

  Just off topic, did you see that the, um, Olympics for robots that they did in China?

• 17:35Speaker 01

  Oh, yeah, that was hilarious.

• 17:38Speaker 02

  Was that real?

• 17:39Speaker 01

  That was real. It happened in China. Yeah.

• 17:41Speaker 02

  Far out.

• 17:42Speaker 01

  And there, there were like, I, I think it was so interesting to watch and the, the sprinters and they were.

• 17:47Speaker 02

  Well, they put one, I remember one robot, because it, it was a sprint race and it went straight into the wall. Cause it couldn't slow down enough and it's like splattered and these guys ran out, humans ran out with a stretcher.

• 17:58Speaker 01

  And with a stretcher, so.

• 18:00Speaker 02

  Put the robot on a stretcher and carried it around and took it off. What the hell is going on here? This is nuts.

• 18:05Speaker 01

  They've even got fighting robots now, like MMA, um.

• 18:09Speaker 02

  Really?

• 18:09Speaker 01

  Yeah, I, I saw in, in America, they're advertising to, for you to get tickets. I hope that one day it comes to Australia, but it's like, um, uh, Real Steel, remember that movie with, uh, with Hugh Jackman?

• 18:20Speaker 02

  Yeah.

• 18:21Speaker 01

  Yeah. So that's, that's already a reality, uh, because obviously the fights don't have to go for long. They're just, and they go out and they do full backflip, uh, not backflips, uh, sidekicks and round houses.

• 18:34Speaker 02

  I don't know how I feel about that. The fighting, you know, fighting is a, a story of will. You know, you see, you see like the rawest emotions of a human. That's all, that's for me, what, what, what brings you to watch a fight is you see the whole, um,

• 18:55Speaker 02

  the whole soul of somebody exposed.

• 18:58Speaker 01

  And coming back as an underdog.

• 18:59Speaker 02

  How you go through the fire, everything, all of it, the good, the bad, it's like the human story, the trials and tribulations. I go watch a piece of steel that's manufactured to slap another piece of steel and get, and get any joy out of that. I don't know.

• 19:12Speaker 01

  Yeah.

• 19:13Speaker 02

  Maybe I'm just different.

• 19:16Speaker 01

  But I, yeah, totally agree. There, there's probably room for, for, for both, for different, um, likes and things like that.

• 19:21Speaker 02

  Someone, someone will try, try to fight a robot for sure. I mean, humans love doing stupid things.

• 19:28Speaker 01

  Yeah.

• 19:28Speaker 02

  For sure.

• 19:30Speaker 01

  Uh, that'll, yeah, coming up next for sure. Um, the next one is Figure Eyes. This is another one that I saw on social media, actually. They're the ones that, that it looks like they've got nice gloves and it's, it's nice, like kind of a, um, uh, like it's, it looks like, it looks really nice aesthetically. So Figure is, is privately held US company developing general purpose humanoid robots. It approaches combined robot hardware with AI intended to enable machines to perform useful tasks in workplaces and other human designed environments. So this one is one that I'll definitely be keeping an eye on. This is, it's, it's privately, obviously it's not public, but who knows, one day, uh, this one could, could come out as a, as a public company.

• 20:11Speaker 01

  The next one is Agility Robotics, uh, they're developing Digit, uh, Agility focuses on practical applications in logistics and industrial settings. Uh, its Digit robot is designed for tasks such as moving goods, handling materials, providing example of how humanoid style mobility can be applied to specific, uh, commercial problems. Now, there's, we've got a few more and I'll just, you know, name them. You've got, uh, Aptronic, uh, that is developing Apollo. One X Technologies is, is developing Neo and Ubitech. This is one that is also being pretty popular on social media. I've actually seen some of these, they, they do like a martial arts exhibit on stage.

• 20:50Speaker 01

  Um, and they've got like, in, in, in China, they've got one guy doing these martial art things on stage and they're following him doing the, the, the exact same moves. It actually looks pretty cool. Um.

• 21:00Speaker 02

  Wow.

• 21:01Speaker 01

  But, uh, you know, Ubitech is, is a big, um, yeah, Ubitech, Unitree and Agibot, they're big Chinese containers. So they're flooding the market with these. I think that these are more kind of move fast, develop fast, deploy fast, rather than the, the previous ones, which Optimus hasn't been deployed yet. Uh, Boston Dynamics is still kind of in, in that research stage, Figure Eye as well. I think the Chinese are very good at just, like you said, they just build something and they just chuck it out there and.

• 21:33Speaker 02

  Have a look at the electric vehicles.

• 21:35Speaker 01

  Yeah, yeah.

• 21:37Speaker 02

  Mate.

• 21:37Speaker 01

  Yep.

• 21:37Speaker 02

  This almost feels like there's a new model coming out every single week. Like surely that, that's just pump it out and see what happens as opposed to, let's think about this.

• 21:47Speaker 01

  Yeah, for sure. Um, so these are some publicly listed companies to watch. So this is the exciting part that I'm sure, you know, as investors, uh, everyone is interested in and in the United States is obvious. It's, it's Tesla, Nvidia, uh, but there's two that people may not know about and that's Teradyne, that's ticker code T E R. Uh, at the moment, so Teradyne, uh, I'll just, if you want, we can bring up the chart to see what's, um, uh, how it's looking from a technical, uh, point. So Teradyne, that's pronounced T E R D Y N E. Uh, and it's looking interesting. It's consolidating nicely, isn't it?

• 22:32Speaker 02

  Yeah, it's, you know, it's, um. It's interesting. What does this company exactly do again? You mentioned uh.

• 22:39Speaker 01

  They they're industrial automation and collaborative robotics.

• 22:43Speaker 02

  Okay, if that is all they do, then boy, you know, July in two thousand and twenty five was probably the year, the breakout year for this company, um which is unfortunate. And it just proves to show guys, you know, that.

• 22:59Speaker 02

  My people invest. A lot of the time markets move when things are quiet. You will not see this. You'll see this in mainstream once it's already like right now, to put it into perspective, this stock was trading at sixty nine dollars in August or July twenty twenty five, let's say.

• 23:17Speaker 01

  Mm hmm.

• 23:18Speaker 02

  It's currently trading at four hundred and twenty dollars and we're not really hearing too much talk about robotics. So this is why it's so important if you're looking for these early trends that you have reference to go, okay, am I early? Am I late? What's going on? Could it continue to go higher? Sure, absolutely. But that reference is gonna be everything. Um. And I'm, look, that tells me that the story's pretty well known um right now about about this. So I'll I'll probably be waiting for hopefully a bit of a better opportunity. Looks like it's struggling a bit at four four.

• 23:52Speaker 01

  Yeah, this uh just switch it to the monthly and the monthly is is closing pretty low. It looks like it could actually break below that three twenty uh possibly.

• 24:02Speaker 02

  Not a bad thing, but like after that run, like you would expect that. It would be nice. Like this is a crazy run. You can't sustain this.

• 24:11Speaker 01

  One thing that came to mind is the name Terradyne. It reminds me a lot of a Cyberdyne.

• 24:16Speaker 02

  Oh, don't say.

• 24:17Speaker 01

  And and Cyber Cyberdyne was the one that created Skynet uh in the Terminator, so.

• 24:25Speaker 02

  Oh, man.

• 24:27Speaker 01

  Yeah.

• 24:27Speaker 02

  Oh, yeah, yeah. I I really hope that there's sometimes the same movies, you know. Sometimes movies lead lead reality and if that's the case, boy, we're in for a tough time, our generation, mate, because we're gonna be the John Connors of of uh this story.

• 24:45Speaker 01

  We we are too. And, you know, when we're talking off air in this topic, you mentioned something interesting that uh the adoption of of robotics and home robotics and and you're saying that um it may take maybe a generation for them to accept because it's interesting whether our generation, the millennials, I I think we think it's pretty cool because we've grown up with all the movies, but maybe we're gonna be a bit standoffish to have one of these things in our home.

• 25:11Speaker 02

  Oh, yeah.

• 25:12Speaker 01

  Then maybe the younger generation will grow up with more intricate robots. Maybe they're used to having a toy that's a little bit smarter.

• 25:20Speaker 02

  Well, well, think about, you know, think about the generation like when we went to school, you know, we went to school, we still had to learn how to read and write um with a pen and a book.

• 25:32Speaker 01

  Your pen license.

• 25:34Speaker 02

  Yeah, your pen license, that's right. I I I knew a guy who was a friend of ours didn't get his pen license till year eleven.

• 25:41Speaker 01

  I bet you he's so successful now, though. Who needs a pen license?

• 25:45Speaker 02

  Yeah, yeah. Look, he's doing all right. He's he's he's completed the law degree.

• 25:50Speaker 01

  Oh, there you go.

• 25:52Speaker 02

  But, you know, he's he's that friend of mine that I keep talking to about that does all those silly things. But yeah, it the the point is, the the young generation or a few generations later go to school with a laptop. Um, no need for a calculator. The next generation are gonna go to school with ChatGPT.

• 26:12Speaker 01

  Yeah.

• 26:12Speaker 02

  Um, and then it's like, you know, it just consistently, a telephone is normal for them. A mobile phone is normal. Social media is normal. It wasn't for us.

• 26:20Speaker 01

  Hmm.

• 26:21Speaker 02

  And so at some point, robots will be normal. Like, I'm already seeing for for, you know, the kids um cartoons that are that are painting robots, you know, my my kids watch the painting robots as their friends.

• 26:37Speaker 01

  Hmm.

• 26:38Speaker 02

  And it's like, huh, is that the story you're going with here? You're trying to lock that generation in.

• 26:43Speaker 01

  Yeah.

• 26:44Speaker 02

  Whereas we got the the the robots are gonna kill you.

• 26:47Speaker 01

  Yeah.

• 26:49Speaker 02

  So uh it's interesting where it is and I think it's that'll be the biggest thing in terms of as you invest in this space. The biggest bottleneck for me, I think, is is the regulation, the risk, you know. God forbid someone dies from this, like that's gonna be a nightmare.

• 27:07Speaker 01

  Yeah, exactly.

• 27:08Speaker 02

  So that's a big concern. But the second thing is, which generation will be the big uptake? Um, potentially a certain type of robot will be will be taken up, I think, by most generations. There's certain that will fly through the radar, maybe the ones that don't look humanoid, that perform tasks like cleaning and ironing and, you know, all that kind of stuff, maybe more things. But once you start getting into the humanoid stuff, I think one or two generations later, so is this a twenty year investment? Is this something that you buy and hold? Or is this something that you trade your way through? Because like any form of tech, don't just think twenty years is gonna be up. There'll be ups and downs. Um, just like Amazon went to an all time low and then, you know, bounced back up from two thousand, up to ninety percent. So

• 27:52Speaker 02

  it'll be something you have to time, I think, also. Uh, and and always in the back of your mind go, well, if I this is not a, you know, uh something that's a sure bet. There's so many things that have to happen. But nevertheless, as you saw with that chart, mate, huge, huge opportunities of people buying the story because that's also something in markets that you have to remember. Some of the best runs happen on the unknown. It's buying the hope of what this can be. That's where hype.

• 28:22Speaker 01

  It's speculation, yeah.

• 28:23Speaker 02

  Right? And only speculation can be massive is when we really don't know, but it looks so promising when it's new. AI. Now, dot com. You can keep going with examples where we didn't know how it would end up, but it was so promising on the potential. People buy the potential. They love it. Bitcoin.

• 28:41Speaker 01

  Hmm.

• 28:42Speaker 02

  Same here. The potential is huge. So you can get amazing trading opportunities. Don't run away from it. But if you're gonna sit there and go, oh, this is, you know, it's a foregone conclusion, eh?

• 28:52Speaker 01

  Yeah, or a long term investment even.

• 28:55Speaker 02

  I don't know about that.

• 28:56Speaker 01

  Yeah, you're not just gonna put your money in it and just sit on it and and just um wait. You still need to trade it properly.

• 29:02Speaker 02

  I think so.

• 29:03Speaker 01

  And you know, to that point about adoption, you know what I think? I think adoption is gonna come from a peculiar place. And I think adoption is going to be in the nursing homes.

• 29:13Speaker 02

  Oh.

• 29:14Speaker 01

  I think that the elderly are going to accept the the robots, especially humanoid robots, a a lot quicker than anybody else. Because.

• 29:23Speaker 02

  You think so?

• 29:24Speaker 01

  Obviously, I I think that it's gonna help them to obviously, you know, lift them out of the beds and and so on. But also maybe to just have somebody to conversate. We've seen that AI is so good at conversation. It makes you think that you're talking to a human. It actually has empathy and it can actually be a lot more empathetic than a lot of humans. A a a worker at a seniors home may have had a bad day or a bad life at at at home and comes and and takes that out on on on the uh on on the poor person. Whereas as a robot will always be willing to listen, that always be there, that that the chat, maybe we'll even be able to show the memories that they had. It'll be like that kind of friend that they always need.

• 30:05Speaker 02

  What's that movie with Ben Stiller when he's, I think they're at nursing homes and he's the he's the bad um.

• 30:11Speaker 01

  Ah, yes, Happy Gilmore. You're my world now, grandma.

• 30:18Speaker 01

  Exactly. You're not gonna get that guy. Now you will do as you're told.

• 30:26Speaker 01

  Oh, don't leave me here. Yeah, exactly. That was a bestie. That made that made the movie.

• 30:33Speaker 02

  But it's but you're right. It's serious. I mean, you gotta think some of the, but then it's like, what happens if the robot crushes someone trying to pick him up or help him and kills him?

• 30:43Speaker 01

  Yeah, yeah.

• 30:44Speaker 02

  How far does that setback, you know, like, I think that's the the biggest um bottleneck.

• 30:51Speaker 01

  For sure. Ethics a a along with that as well.

• 30:54Speaker 02

  But they're coming out. The the thing is, they're coming out. Like, like you said, you know, they're actually out right now. If you wanted to buy one, you could.

• 31:01Speaker 01

  Yeah, yeah.

• 31:01Speaker 02

  In in the US, yeah, that's the crazy thing.

• 31:04Speaker 01

  Yep, yeah, especially the Chinese ones. You can you can just buy a, I've seen some for twenty twenty thousand, even some for nine thousand. Yeah.

• 31:11Speaker 02

  Yeah.

• 31:12Speaker 01

  Uh, the next one that we have, another US one is CGNX, ticker code C and uh CGNX. Uh, Cognex, it's a machine visual and industrial inspection company. So this is to do with the visuals of of the um of the robots. It it's it formed an interesting pattern. And again, from that May, April twenty twenty five, it actually took off the same as TER. It looks like there was a lot of money flowing into this space uh uh just mid twenty twenty five.

• 31:45Speaker 02

  Yeah.

• 31:46Speaker 01

  There's some things happened. There's some people in the know.

• 31:50Speaker 02

  Uh, I, I also think, you know, the environment's probably not awesome for these companies. Like if, especially if they're publicly listed, there's still a lot, a lot of money that's going into development. Um, probably, uh, you know, money's not cheap at the moment. It's expensive. We all know tech hates a high oil price and hates a rising interest rate.

• 32:09Speaker 01

  Oh, yeah.

• 32:09Speaker 02

  Unfortunately, that's what we're getting now. So I think that's a headwind for all of these areas and it probably will be for a little while longer. Um, but nevertheless, you know, this company's got action. It's getting movement. It's not like people don't know about it and aren't trading it.

• 32:27Speaker 01

  Yeah, exactly. Uh, this was a technical level that it just recently found resistance at seventy two dollars. It was a previous resistance level. So it is very technical. It's forming an interesting pattern there. If it hasn't already finished that pattern there, I'm sure, you know, students would, would know. Um, if you have a look at this stock, that longer term, you know, pattern, but it's actually broken out of it. So it could actually be in a, in a new uptrend at the moment. Uh, so let's, let's have a look at, um, I mean, everybody knows that the Taiwan ones, you know, um, TSMC. You know, the semiconductor ones, we've already touched on, on those before. Uh, there's also Foxconn.

• 33:07Speaker 01

  They do a lot of contracting for, for iPhone and things like that. So that's a ticker code in the Taiwan, um, uh, stock exchange. That's twenty three seventeen. They use numbers, uh, just like Japan and, and, and Korea. They just use numbers for the tickers. Uh, so you guys can look that one up if, if you like, uh, twenty three seventeen and Delta Electronics, which is twenty three, uh, zero eight. Um, but let's have a look whether, I'm not sure if you've got the data for this, but we've got, I wanted to have a look at that. UB Tech Robotics from China, because that's a big one and that's ticker code at nine eight eight zero.

• 33:46Speaker 01

  Um, it doesn't look like I've got that one. So I don't have the data on my Optima for that. So maybe we just.

• 33:54Speaker 02

  I've got it.

• 33:55Speaker 01

  You've got it? Or is it the Japan one?

• 33:57Speaker 02

  I've got everything. No, I've got the Chinese one, nine eight eight zero Hong Kong.

• 34:01Speaker 01

  Hong Kong, uh, UB Tech Robotics.

• 34:04Speaker 02

  Yeah. So for me, for me, the listing price is, uh, or it, it's, it's been around since December two thousand and twenty three. It IPO'd at ninety two dollars, ran up obviously from ninety two up to three hundred and twenty two months after listing in March twenty four. And now has pulled back down, kind of looks like SpaceX to be honest, pulled back down below the IPO price and is currently trading at sixty five dollars. So pushing down in a bit of a downtrend, um, this one hasn't taken off, which is very interesting. And this is kind of what you see. This is the story, uh, of these companies that are new, new product, bit of the unknown.

• 34:48Speaker 01

  Um, yep.

• 34:50Speaker 02

  Probably worth watching, like at these levels.

• 34:52Speaker 01

  Yeah, but looking at the chart on, on Yahoo Finance and I can see that there's a low back here in, on the twelve twenty twenty four, which is fifty five dollars and it's back at that low now. So that could be a nice, solid level of support. Um, so definitely interesting to, to have a look at. Um, and then of course, if you guys wanna go have a further look at some Chinese ones, there's the, um, one that's listed on NASDAQ, H S A I, uh, and then there's another one listed on the, um, the, the Shanghai Stock Exchange. And that's three zero zero one two four. Um, let's just quickly touch on one last one, because this is the one that I think that is gonna suit most people and that's an ETF.

• 35:37Speaker 01

  Uh, it's, it's the Global X Humanoid Robotics ETF and that's the, the ticker code H M N D. So H M N for Nelly and D for Dog. And that's, um, hopefully not a dog, uh, stock, but it's a, it's listed on the Australian Stock Exchange. And it just recently IPO'd in March twenty twenty six. So it's a nice, fresh, um, ETF. Currently down around twenty two percent. Yeah. Pump and dump. Yep.

• 36:08Speaker 02

  Right now. Yeah, right now. But that's okay. That's okay. It, we're, look, this is what you get with the unknown. We, we're, you know, we're, uh, again, you gotta think the environment we're in right now. Um, could this be an opportunity to buy cheap? Let's see.

• 36:25Speaker 01

  For sure, for sure. I think that I'd be definitely keeping an eye on that chart and, and just having a quick look at the prospectus sheet, um, you know, for the ETF. Uh, their country breakdown, forty one percent in China, uh, they invested in China. Uh, twenty six percent invested in, in United States and twenty three percent invested in South Korea. Uh, six point four percent invested in Japan. So that gives you an idea about where, which countries actually have the opportunities. And it's quite interesting that they're more invested in China than they are in the United States.

• 36:58Speaker 02

  Well, they're not stupid if they're thinking, okay, where's, who's actually active right now? And who's probably gonna have the best chance of serious uptake? Let's go to the countries where it's already happening, you know? And that's the Asians, much more than the West.

• 37:11Speaker 01

  They're selling, they're the ones actually, yeah, selling it and, and getting some profit, whereas the other ones are in the discovery stage.

• 37:17Speaker 02

  Mm hmm.

• 37:18Speaker 01

  So I'll quickly touch on the top ten holdings, top ten. Uh, Teradyne, which is the one that we touched on earlier, five point four percent, Nvidia, five point three. Ningbo, uh, Automation Holding Group, that might be a Chinese one, five point two, Rainbow Robotics. I don't know what that one is about, maybe musical theater, um, five point two.

• 37:40Speaker 01

  Uh, uh, Y, Y, uh, Yijiahe Technology Co., five percent. Yijin Robot Co., five percent. Simex Incorporated in Korea, five percent. EcoVax Robotics. And that's, I think they, I mean, my, my vacuum is in EcoVax, so it must be that company. And Robotics, four point eight percent. Paladine AI Corp, four point three and Tesla, four point three. So Tesla's top ten, but at the bottom.

• 38:08Speaker 02

  Hmm.

• 38:09Speaker 01

  So there you have it, guys. I mean, that's, that, that, hopefully that gives you a bit of an overview of, of where this space is. Yeah.

• 38:14Speaker 02

  I, I think the biggest takeaway for me is the fact that it's in Asia right now. The, the, the leading story is in Asia. It's not Tesla. So, and we all focus only on Tesla and SpaceX in the West. So if you've wanted to get into this space, maybe it's time to start looking in the Asians.

• 38:31Speaker 01

  Hmm. Yeah. So the company's actually making some profits and actually selling and, and putting stuff out there, breaking it and putting it back together. So. That's been awesome. So cheers, Phil.

• 38:44Speaker 02

  Thank you. Yeah, this is cool.

• 38:46Speaker 01

  And looking forward to covering this on the bonus as well for, for our show on, on the Tuesday as well, because we'll have a little bit more information. And we actually be able to visually look at some charts. So.

• 38:55Speaker 02

  Yes. And I've got a few, I've got a few different stocks on, on, um, the ones you've given. I've actually gone a bit deeper and gone, uh, specifics on the very detailed bits of technology that fit in a robot and who's got what. So.

• 39:11Speaker 01

  Beautiful.

• 39:11Speaker 02

  Yeah, a little bit different, but pretty similar.

• 39:14Speaker 01

  Yeah, nice. All right. Looking forward to it. So if you guys enjoyed the podcast, please give us a five star review. As always, we've enjoyed bringing this to you. And we are looking forward to the next one. Bye for now.

• 39:28Speaker 00

  This podcast is brought to you by Wealth Within, a global leader in stock market education. For more information on our courses, head over to wealthwithin.com.au. Please note that the information in this podcast should not be considered personal financial advice.