Sure, robotics help many jobs, and some level of the current deep learning boom seems to have crossover in improving that - but how many of them are running LLMs that affect Nvidia's bottom line right now? There's some interesting research in that area, but it's certainly not the primary driving force. And then is the control system the limiting factor for many systems - it's probably relatively easy to get a machine today that makes a Starbucks coffee "as good as" a decently trained human. But the market doesn't seem to want that.
And I know restricting it to the US is a simplification, but so is restricting it to Nvidia, it's just to give a ballpark back-of-the-envelope "does this even make sense?" level calculation. And that's what I'm failing to see.
Machines that will make espresso, automatically, that I personally like better than what Starbucks serves are widely available. No AI needed, and they aren't even "robotic". They can use ordinary coffee beans, and you can get them for home use or for commercial use. You can also go to a mall and get a robot to make you coffee.
Nonetheless, Starbucks does not use these machines, and I don't see any reason that AI, on its current trajectory, will change that calculation any time soon.
And I know restricting it to the US is a simplification, but so is restricting it to Nvidia, it's just to give a ballpark back-of-the-envelope "does this even make sense?" level calculation. And that's what I'm failing to see.