I think robotics is the next 10x asymmetric trade. VC investment in the sector is still 1/14th of AI, and it's about to catch up fast. Here's why I think this sector liquidity isn't slowing down anytime soon. (and how you can capitalise as an investor): The bear case on robotics for years has been the same two things: 1. AI simply hasn't been good enough 2. Hardware was too expensive to manufacture at scale Both of those constraints are breaking right now. On capability: Robotics general capabilities are rapidly improving. We are currently at the "GPT-2" moment for robotics (capable, but lacking real-world field deployment). And we're finally starting to get the first glimpse of that gap closing. @Figure_robot recently worked for 160+ consecutive hours. @weaverobotics just launched its Issac 1 humanoid bot that can handle daily tasks exceptionally well. There are many such practical examples of the dramatic improvements in robotics over the past year - this is no secret. On cost: Humanoid robot manufacturing prices have dropped from $1M+ in 2020 to $30,000-$150,000 today. Average selling prices are forecast to fall another 70% by 2030. This is the same cost curve that took solar and EV batteries from niche to mainstream in under a decade. The perfect storm is brewing right now: Robotics capabilities are growing exponentially while the cost curve simultaneously rapidly decreases. Software AI already had its moment, and I think if you're a smart investor, you'll look at physical AI. How to get exposure (nfa): → ETFs (lowest risk): BOTZ, ROBO, ARKQ give you diversified sector coverage without picking individual winners. → Large caps (moderate risk): TSLA for the Optimus bet, AMZN for the most underrated robotics play in big tech. → Pure plays (higher risk): OUST for robot perception/lidar, SYM for warehouse automation. → High risk betas: BOT (RoboStrategy) for access to private robotics companies nobody is looking at yet. There are also other interesting ways to get exposure through sectors like crypto. My full robotics article drops soon, covering every layer of how I'm personally building exposure to this sector. Be sure to follow me so you don't miss it in a few days.(Miles Deutscher)