3 reasons this AI and Robotics ASX ETF is a long term play
The global robotics industry is projected to reach US$111 billion by 2030, driven by labor shortages and AI adoption. The Betashares Global Robotics And Artificial Intelligence ETF (ASX: RBTZ) is a potential long-term investment opportunity in this growing market.
The global robotics industry is growing rapidly. By 2030, it's expected to reach US$111 billion. This growth is driven by labor shortages, AI adoption, and better unit economics. The humanoid robot market is also expanding, with forecasts suggesting it could reach US$38 billion by 2035. Robots are being used in real-world environments, including factories and warehouses. The cost of building a humanoid robot has fallen dramatically, from US$150,000 to US$500,000 just a few years ago, to around 40% less in 2023. The Betashares Global Robotics And Artificial Intelligence ETF (ASX: RBTZ) invests in companies involved in industrial robotics, automation, and AI.
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