"A humanoid robot bubble could be brewing, warned China's leading economic planning agency on Thursday. The alert comes amid growing fears that a bubble in a related industry - AI - is about to burst. Speaking at a press briefing, National Development and Reform Commission spokesperson Li Chao said China's humanoid robotics industry needs to balance "the speed of growth against the risk of bubbles.""
"Investment has been pouring into the sector despite there being few proven use cases for the bots, Li said, risking a flood of "highly similar" models as funding for research and development shrinks. More than 150 humanoid robotics companies are operating in China, Li said. More than half are startups or entrants from other industries."
"The warning marks a rare note of caution from Beijing for an industry it has declared vital for future economic growth. Earlier this year, China designated embodied intelligence - the technology behind humanoid robotics - a national priority."
China's National Development and Reform Commission warned that a humanoid robotics bubble could be forming amid rapid investment and rising AI bubble concerns. Spokesperson Li Chao urged the industry to balance the speed of growth against the risk of bubbles. Investment continues despite few proven use cases, risking a proliferation of highly similar models as research-and-development funding tightens. More than 150 humanoid robotics companies operate in China, with over half being startups or entrants from other industries. The warning represents a rare note of caution even as embodied intelligence has been designated a national priority.
Read at The Verge
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