A humanoid robotic bubble could possibly be brewing, warned China’s main financial planning company on Thursday. The alert comes amid rising fears {that a} bubble in a associated trade — AI — is about to burst.
Talking at a press briefing, Nationwide Improvement and Reform Fee spokesperson Li Chao said China’s humanoid robotics trade must steadiness “the pace of development in opposition to the danger of bubbles.” Funding has been pouring into the sector regardless of there being few confirmed use circumstances for the bots, Li stated, risking a flood of “extremely related” fashions as funding for analysis and growth shrinks.
Greater than 150 humanoid robotics corporations are working in China, Li stated. Greater than half are startups or entrants from different industries.
The warning marks a uncommon be aware of warning from Beijing for an trade it has declared very important for future financial development. Earlier this 12 months, China designated embodied intelligence — the know-how behind humanoid robotics — a nationwide precedence.
