"As Bloomberg reports, strategists from the National Development and Reform Commission (NDRC), which serves as the country's state-run macroeconomic management agency, say that extreme levels of investment could be drowning out other markets and research initiatives. It's a notable shift in tone as the humanoid robot industry continues to attract billions of dollars in investment. Aided by advancements in artificial intelligence opening up new use cases - and plenty of unbridled enthusiasm - for the tech,"
"China has established itself as a clear global leader in the space, with Morgan Stanley predicting the humanoid robot market could surpass a whopping $5 trillion by 2050. Citigroup is even more optimistic, expecting the market to hit $7 trillion by that point. New offerings by companies like Unitree have made bipedal robots far more affordable and advanced than ever before. Unitree's G1 robot, in particular, has garnered tons of attention for its flashy abilities to throw punches in the ring or play basketball."
Chinese officials warn the humanoid robotics sector may be forming a massive investment bubble. NDRC strategists say extreme investment levels could drown out other markets and research initiatives. Investors have poured money into over 150 humanoid robot companies in China, many producing highly similar products and overspending. Past examples such as the 2017–2018 bike-sharing glut resulted in unused assets littering streets. Market analysts predict massive growth, with Morgan Stanley forecasting over $5 trillion by 2050 and Citigroup projecting $7 trillion. New, affordable bipedal robots from companies like Unitree have accelerated interest and investment, intensifying policymakers' concerns about rapid, unsustainable expansion.
Read at Futurism
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