Substantial displacement of human labor is still very far away, yes, but I'd say it's not due to the lack of dexterity and precision. GenAI is making such rapid

Substantial displacement of human labor is still very far away, yes, but I'd say it's not due to the lack of dexterity and precision. GenAI is making such rapid advancements that the robotic control systems part may soon be "solved." The real blocker is supply chain constraints for physical parts -- specifically, rare earth elements. Those are essential for the powerful yet accurate electromagnetic motors that make these robots feasible. Oh, and batteries too. However, their supply is severely limited, even without China flexing its strangehold on the market. Last I checked there are no real alternatives or solutions on the horizon for the raw material shortage. Some estimates suggest the global supply currently is a small fraction (like 2% or even lower?) of that needed for mass deployment of the type Elon hallucinates about to pump TSLA stock. The company that solves this or otherwise figures out a way to mass produce dexterous robots is going to be the next trillion dollar company.