Elon Musk is widely expected to show off a new humanoid robot Friday at a Tesla artificial intelligence event. From a report: Mr. Musk first laid out the vision for the robot, called Optimus, little more than a year ago at Tesla’s first-ever AI day. At the time, a dancer in a costume appeared onstage. This time, Mr. Musk has said he wants a prototype to be at the gathering that is scheduled to unfold from 5 p.m. local time in Palo Alto, Calif. Mr. Musk has painted a vision of Optimus as helping Tesla make cars more efficiently. He has also suggested the robot could serve broader functions and potentially alleviate labor shortages. “My guess is Optimus will be more valuable than the car long term,” Mr. Musk said Aug. 4 at Tesla’s annual shareholder meeting. “It will, I think, turn the whole notion of what’s an economy on its head, at the point at which you have no shortage of labor,” he added. When he first unveiled the Optimus concept, Mr. Musk said such a robot could have such an impact on the labor market it could make it necessary to provide a universal basic income, or a stipend to people without strings attached.

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