Robotics is now a capital-intensive industry: winners will be defined by scale, unit economics, and uptime—not demos. Semiconductor tariffs pose a major risk for those without supply chain leverage. In service robotics, workflow integration and contracts will beat humanoid design. Ultimately, in embodied AI, trust will be the lasting moat—making the early focus on
Robotics is now a capital-intensive industry: winners will be defined by scale, unit economics, and uptime—not demos. Semiconductor tariffs pose a major risk for those without supply chain leverage. In service robotics, workflow integration and contracts will beat humanoid design. Ultimately, in embodied AI, trust will be the lasting moat—making the early focus on