Morgan Stanley TMT Conference Highlights: Humanoid Robots Are Booming, Visual Data Becomes a "Battleground"

Morgan Stanley recently became the focus of global investors at the TMT conference held in San Francisco. This year's conference raised a key question: Will humanoid robots and visual data become the core battleground for the next phase of investment in the technology industry? Earlier this week, Morgan Stanley's Adam Jonas analyst team released a report summarizing the highlights of this TMT conference. The report pointed out that humanoid robots are rapidly evolving from a "niche interest" to a "mainstream investment hotspot." Compared to last year, investor interest in this field has shown exponential growth. Not only technology investors but also traditional industrial and automotive investors are beginning to flock to this sector. Jonas mentioned in the report that he visited a company in the San Francisco Bay Area that is mass-producing humanoid robots, which already has dozens of robots in operation and plans to produce thousands by the end of this year. Tesla's humanoid robot project is also highly anticipated. Morgan Stanley expects Tesla to achieve its first mass production of humanoid robot products by the end of this year, which will undoubtedly further ignite market enthusiasm. If humanoid robots are the focus of the hardware field, then visual data is the "battleground" in the software domain. Morgan Stanley emphasized in the report that the acquisition of large-scale video data will be key for AI training. A memorable quote from the CEO of British autonomous driving startup Wayve during the conference was: "Whoever can acquire large-scale home scene video data holds the gold mine." Whether it is autonomous vehicles, drones, humanoid robots, or autonomous weapon systems, visual data is an essential resource for training end-to-end Vision Language Actuation (VLA) models. Morgan Stanley predicts that more companies will launch "data detectors" in the future to collect high-definition physical scene data. The competition in this field will be exceptionally fierce and may even trigger data privacy and ethical issues. Risk Warning and Disclaimer The market has risks, and investment should be cautious. This article does not constitute personal investment advice and does not take into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, views, or conclusions in this article align with their specific circumstances. Investment based on this is at one's own risk