Investors on the hunt for real-world applications of artificial intelligence may want to consider humanoid robots, which some analysts predict could begin replacing human workers at scale by the end of the decade. “Breakthroughs in generative AI are bringing 3D perception, control, skill planning and intelligence to robots,” Rev Lebaredian, Nvidia’s vice president of omniverse and simulation technology, told CNBC. “Humanoid robots will help close the gap as labor shortages increase around the world, especially in sectors like retail, warehousing and distribution or manufacturing.” Some analysts say there’s a bigger market for these kinds of robots than for robotaxis and other autonomous vehicles. And while advancements in autonomy have driven up the share price of stocks such as Tesla , analysts suspect not much value has been priced in for the potential of humanoid robots, creating an opportunity for investors who want to bet on the emerging technology. Adding to the bull case, some think President-elect Donald Trump’s expected deportation efforts could be another boon to automated labor.

Full report : Morgan Stanley estimates the humanoid robot population will be 40,000 by 2030 and swell to 63 million by 2050 but investors are not buying it.