Morgan Stanley predicts a massive surge in humanoid robot adoption by 2035, estimating 13 million robots will be walking alongside humans. This forecast is based on the increasing capabilities of these robots, particularly in areas like physical labor, customer service, and elder care. The bank highlights advancements in artificial intelligence, robotics, and materials science driving this rapid development, suggesting robots will become increasingly affordable and accessible. Expect to see these robots performing tasks currently done by people, potentially impacting various industries and reshaping the workforce.

The report emphasizes that while widespread robot adoption faces challenges like regulatory hurdles and societal acceptance, the potential economic benefits are substantial. Morgan Stanley anticipates these robots will boost productivity, reduce labor costs, and improve efficiency in diverse sectors. They project a significant shift in job markets, requiring workers to adapt to collaborating with and managing robotic systems. The forecast underscores the transformative power of robotics and AI, suggesting a future where humans and robots work together in a new and evolving landscape.