Tesla is already producing what chief executive Elon Musk views as “robots on wheels”, so it should come as little surprise to know that his company, the world's most valuable car maker, is also creating humanoid robots.
And when we say robots, that does mean the type we see in Hollywood sci-fi movies, where they move around and perform meaningful functions.
Here's what we know so far about the Tesla Optimus robot:
When will Optimus be ready?
The indication is that it is not too far off after the robot went on show at Tesla's AI Day on September 30.
The prototype walked out on stage and waved to the crowd before a video showed it doing simple tasks, such as watering plants, carrying boxes and lifting metal bars at a production station at the company's California plant.
Optimus, which was originally known as the Tesla Bot, was introduced in August 2021 during Tesla’s inaugural AI Day.
Tesla also unveiled a new computer chip at the event last year. The chip was designed entirely in-house and will be used in the company’s supercomputer, Dojo.
Mr Musk said existing humanoid robots are “missing a brain” — and the ability to solve problems on their own.
By contrast, he said, Optimus would be an “extremely capable robot” that Tesla would aim to produce in the millions. He said he expected they would cost less than $20,000 each.
Tesla is on a hiring spree for people to work on humanoid bipedal robots, with about 20 job postings on Tesla Bot, including jobs for designing parts such as actuators, Reuters reported.
“The code you will write will at term run in millions of humanoid robots across the world, and will therefore be held to high quality standards,” one of the job postings said.
What will Optimus look like and do?
The adult-sized robot is set to be about 173 centimetres tall and weigh about 57 kilograms. It will be programmed to do monotonous jobs such as assembling car parts, moving components around factories and picking up groceries.
Optimus will one day have “the potential to be more significant than the vehicle business over time”, Mr Musk has said.
It will be controlled by the same artificial intelligence systems that Tesla is developing for use in its electric vehicles.
In the future, “physical work will be a choice”, Mr Musk said. “Tesla is arguably the world’s biggest robotics company. Our cars are basically semi-sentient robots on wheels.”
Unlike in a host of movies, Mr Musk said the robot will be “friendly”, and is being built by humans for humans.
“At a mechanical level, you can run away from it — and most likely overpower it,” he said.
Technical imagery of the Optimus robot shows it with a screen for useful information within the head area. It will be made of lightweight materials, contain 40 electromechanical actuators and have “human-level” hands.
“There's still a lot of work to be done to refine Optimus and prove it,” Mr Musk said.
Musk highlights the risks of robots and AI …
In 2017, despite his own efforts to further the use of technology such as AI and robots, Mr Musk sounded a warning.
“I have access to the very most cutting-edge AI, and I think people should be really concerned about it,” he said. Mr Musk went on to say it is “the biggest risk we face as a civilisation”.
“AI is a fundamental risk to the existence of human civilisation, in a way that car accidents, aircraft crashes, faulty drugs, or bad food were not,” he said.
Optimus has its sceptics …
It does, yes, mainly because robots in general have trouble with unpredictable situations — much like self-driving cars.
“Self-driving cars weren't really proved to be as easy as anyone thought. And it's the same way with humanoid robots to some extent,” Shaun Azimi, the lead of Nasa's Dexterous Robotics Team, told Reuters.
“If something unexpected happens, being flexible and robust to those kinds of changes is very difficult.”
For Tesla to succeed, it needs to show robots doing many unscripted actions, said Nancy Cooke, a professor in human systems engineering at Arizona State University.
“If he just gets the robot to walk around, or he gets the robots to dance, that's already been done. That's not that impressive,” she said.
Henri Ben Amor, a robotics professor at Arizona State University, said Mr Musk's price target of $20,000 was a “good proposition” since current costs are about $100,000 for humanoid robots.
What else does Tesla have in the pipeline?
The company is also working on a vehicle known as the robotaxi, which is to be unveiled in next two years, with production expected to begin in 2024.
“It is going to be highly optimised for autonomy — meaning it will not have a steering wheel or pedals,” Mr Musk said.
“There are a number of other innovations around it that I think are quite exciting, but it is fundamentally optimised to achieve the lowest fully considered cost per mile or kilometre when counting everything.”
Then there is the Cybertruck — a futuristic, angular, armoured-looking vehicle that is scheduled to enter production next year, bringing an end to a nearly three-year wait for early pre-production order holders.
The Tesla Semi, a battery-powered lorry, was unveiled in 2017 and is due to go into production next year. Reservations can be made on the company website.
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Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr
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Dates for the diary
To mark Bodytree’s 10th anniversary, the coming season will be filled with celebratory activities:
- September 21 Anyone interested in becoming a certified yoga instructor can sign up for a 250-hour course in Yoga Teacher Training with Jacquelene Sadek. It begins on September 21 and will take place over the course of six weekends.
- October 18 to 21 International yoga instructor, Yogi Nora, will be visiting Bodytree and offering classes.
- October 26 to November 4 International pilates instructor Courtney Miller will be on hand at the studio, offering classes.
- November 9 Bodytree is hosting a party to celebrate turning 10, and everyone is invited. Expect a day full of free classes on the grounds of the studio.
- December 11 Yogeswari, an advanced certified Jivamukti teacher, will be visiting the studio.
- February 2, 2018 Bodytree will host its 4th annual yoga market.
If%20you%20go
%3Cp%3E%0DThere%20are%20regular%20flights%20from%20Dubai%20to%20Addis%20Ababa%20with%20Ethiopian%20Airlines%20with%20return%20fares%20from%20Dh1%2C700.%20Nashulai%20Journeys%20offers%20tailormade%20and%20ready%20made%20trips%20in%20Africa%20while%20Tesfa%20Tours%20has%20a%20number%20of%20different%20community%20trekking%20tours%20throughout%20northern%20Ethiopia.%20%20The%20Ben%20Abeba%20Lodge%20has%20rooms%20from%20Dh228%2C%20and%20champions%20a%20programme%20of%20re-forestation%20in%20the%20surrounding%20area.%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3E%3Cbr%3E%3Cbr%3E%3C%2Fp%3E%0A
Mohammed bin Zayed Majlis
The burning issue
The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.
Read part four: an affection for classic cars lives on
Read part three: the age of the electric vehicle begins
Read part one: how cars came to the UAE
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Sunday, February 3, 2019 - Rome to Abu Dhabi
1pm: departure by plane from Rome / Fiumicino to Abu Dhabi
10pm: arrival at Abu Dhabi Presidential Airport
Monday, February 4
12pm: welcome ceremony at the main entrance of the Presidential Palace
12.20pm: visit Abu Dhabi Crown Prince at Presidential Palace
5pm: private meeting with Muslim Council of Elders at Sheikh Zayed Grand Mosque
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9.15am: private visit to undisclosed cathedral
10.30am: public mass at Zayed Sports City – with a homily by Pope Francis
12.40pm: farewell at Abu Dhabi Presidential Airport
1pm: departure by plane to Rome
5pm: arrival at the Rome / Ciampino International Airport
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Call the hotline on 0502955999 or send "thenational" to the following numbers:
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UK’s AI plan
- AI ambassadors such as MIT economist Simon Johnson, Monzo cofounder Tom Blomfield and Google DeepMind’s Raia Hadsell
- £10bn AI growth zone in South Wales to create 5,000 jobs
- £100m of government support for startups building AI hardware products
- £250m to train new AI models
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Winner: Goshawke, Fernando Jara (jockey), Ali Rashid Al Raihe (trainer)
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Company profile
Name: Steppi
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Launched: February 2020
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What is an FTO Designation?
FTO designations impose immigration restrictions on members of the organisation simply by virtue of their membership and triggers a criminal prohibition on knowingly providing material support or resources to the designated organisation as well as asset freezes.
It is a crime for a person in the United States or subject to the jurisdiction of the United States to knowingly provide “material support or resources” to or receive military-type training from or on behalf of a designated FTO.
Representatives and members of a designated FTO, if they are aliens, are inadmissible to and, in certain circumstances removable from, the United States.
Except as authorised by the Secretary of the Treasury, any US financial institution that becomes aware that it has possession of or control over funds in which an FTO or its agent has an interest must retain possession of or control over the funds and report the funds to the Treasury Department.
Source: US Department of State
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
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World record transfers
1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m
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FFP EXPLAINED
What is Financial Fair Play?
Introduced in 2011 by Uefa, European football’s governing body, it demands that clubs live within their means. Chiefly, spend within their income and not make substantial losses.
What the rules dictate?
The second phase of its implementation limits losses to €30 million (Dh136m) over three seasons. Extra expenditure is permitted for investment in sustainable areas (youth academies, stadium development, etc). Money provided by owners is not viewed as income. Revenue from “related parties” to those owners is assessed by Uefa's “financial control body” to be sure it is a fair value, or in line with market prices.
What are the penalties?
There are a number of punishments, including fines, a loss of prize money or having to reduce squad size for European competition – as happened to PSG in 2014. There is even the threat of a competition ban, which could in theory lead to PSG’s suspension from the Uefa Champions League.