Strategy & Economics
The Robots Arrived as Demos, the Labor Replacement Didn't - NIA Trend 3, Revisited at the Half-Year
Holding NIA's 'physical AI' prediction against six months of reality. Hardware and AI convergence did proceed (🟢), but labor replacement and maximized productivity never showed up in the macro numbers (🟡). The bottleneck moving from hardware to data and unit economics, and value flowing to the software layer, were in neither prediction (⚪).