China is investing heavily in humanoid robots, with the goal of increasing productivity as economic growth slows and its workforce shrinks. The country is positioning humanoid robots as a strategic technology that could give it an edge over the US and other rivals in artificial intelligence and advanced technology.
Market Potential
The potential for the industry is immense, with investment bank Morgan Stanley estimating that there could be one billion humanoids in use by 2050, representing a market of over $5 trillion. However, adoption is not expected to pick up speed until at least a decade from now.
China already dominates the manufacturing and deployment of industrial robots, and its humanoid robot makers accounted for the vast majority of global android deliveries last year. The country has launched a nationwide initiative to accelerate the real-world deployment of humanoids, aiming to deploy them in more than 100 high-value application scenarios by the end of this year.
Challenges
Despite rapid advances in artificial intelligence, robots still lack vast amounts of physical-world data needed to become truly capable workers. Chinese humanoid makers pay companies for physical interaction data, depending on the complexities of tasks such as sorting packages or changing diapers.
Hardware constraints are also a challenge, with technical readiness of dexterous robotics hands being among the lowest in hardware components. This results in high production costs, poor durability, and short operational lifespans.
Original reporting: KEYT (Ventura/Santa Barbara) — read the source article.