Robots have traditionally been viewed as a poor wager for investors in Silicon Valley - overly complex, requiring substantial capital, and "honestly boring," claims venture capitalist Modar Alaoui.

However, the commercial surge in artificial intelligence has ignited longstanding dreams of creating humanoid robots capable of moving their mechanical forms like humans and performing tasks that individuals do.

Alaoui, the creator of the Humanoids Summit, brought together over 2,000 individuals this week, featuring leading robotics engineers from Disney, Google, and many startups, to display their technology and discuss how to propel a budding industry forward.

Alaoui states that numerous researchers now think humanoids or alternative forms of physical AI embodiment are "set to become standard."

Also Read: Semicon India 2025: Designing A Self-Reliant Semiconductor Hub

"The real question is simply how much time it will require," he stated.

Disney's offering, a walking robotic rendition of "Frozen" character Olaf, will be independently wandering through Disneyland theme parks in Hong Kong and Paris at the start of next year. Engaging and intricate robots that look like a human - or a snowman - currently exist, but the arrival of "general purpose" robots that can contribute effectively in a workplace or home is still a distant prospect.

Also Read: The Global Fintech Fest 2025: Enabling Finance for Better World

Even at a conference aimed at generating excitement for the technology, hosted at a Computer History Museum that honors Silicon Valley's past innovations, doubt persisted that genuinely humanlike robots will emerge in the near future.

"The humanoid field faces an immense challenge," stated Cosima du Pasquier, co-founder of Haptica Robotics.

Also Read: 5 AI Initiatives by the Indian Government Driving National Growth

Consultants at McKinsey & Company have identified approximately 50 global companies that have secured at least $100 million for humanoid development, with around 20 based in China and 15 in North America.