Cathie Wood: The Federal Reserve should "talk less and do more," humanoid robots are expected to replace human labor within 10 years

Cathie Wood recently expressed strong opposition to the current high level of transparency from the Federal Reserve during her appearance on the podcast "The Brainstorm," stating, "This has instead created market volatility and high-frequency trading opportunities." She prefers a more action-oriented approach similar to the eras of Volcker (focused on money supply) or Greenspan (where gold prices were relatively stable).

Cathie Wood believes that current U.S. inflation is essentially below 2% (based on unit labor costs of only 1.2-1.4%), which is completely different from the wage-cost-push inflation of the 1970s. Trump’s policies (similar to Reagan's but more aggressive) could further enhance U.S. capital returns, strengthen the dollar, and help control inflation without the need for significant interest rate hikes.

In the field of AI, Cathie Wood stated that if hundreds of billions of dollars are invested in AI computing power over the next few years, humanoid robots are expected to achieve true flexibility by the late 2020s, potentially replacing human labor. Cathie analyzes that the economics of humanoid robots are very strong: a $100,000 robot could correspond to a human cost of $500,000 over 10 years, with an ROI of over 5 times, ultimately leading to trillion-dollar productivity gains.