The Future is Humanoid Robots, But Who Will Own It?

Guys just imagine this scenario. You wake up in the morning and your whole house is cleaned and organized. You go the bathroom to take a shower and everything is well arranged, each item at the perfect spot.

Before setting off to work or before sitting before to your PC if you work online, you go the dining table and some of the best meals have been prepared and we'll arranged on a table.

A list of your entire schedule has been made and how to execute is has also been set or written down. Anything you need help doing, there's help and all that was done by a robot.

Wouldn't you want such a thing assuming it was affordable? I know I would.

I couldn't actually tell it to read out all the Hive comments and tell it, type this response to @meno , @meno and all my friends on Hive lol.

Life would be ten times simpler. When Elon Musk envisions this scenario he believes that the humanoid robots could be a $10 trillion industry and judging from the scenario he might be right.

But he's not the only one who sees that future, even I do. But more importantly, China is charging forward and proving once again that when they decide to dominate a sector, they move fast.

Just in case you didn't see this display of awesomeness, I'll share the video in this blog.

Watching the humanoid robots dancing at the Lunar New Year gala was an absolute spectacle. I don't think anyone that attended was unimpressed.

But you see, beneath the showmanship and the nice little dress up on machines, is a serious, calculated push to lead the world in robotics.

China’s strategy is clear and very obvious, they intend to do what they did with electric vehicles.

Sure they may have entered the race a little late, but if there's one thing we can all agree on about China is that they have a massive supply chain advantage and the ability to scale production at a speed that makes Western companies look sluggish like some slow buggy computer, lol, but still cool.

This is the exact same playbook that allowed China to flood global markets with EVs at prices others couldn’t match. When I saw their EV prices I started asking why I dream of Lambos, because I barely care about engines , just the beauty and they've nailed it with Electric engine and beauty and style.

The same thing could happen with humanoid robots. However there's a difference between the EV scenario and humanoid robots. This timez China needs to catch up in critical technologies like AI chips and high precision sensors, which are still largely controlled by the US, Europe and Japan.

Tesla’s Optimus is no doubt the most well known humanoid project in the world but it’s far from the only one. In the US alone, Microsoft, Nvidia and even Jeff Bezos are backing Figure AI.

And while that's happening, Meta is rumored to be making a serious move in AI as well. The competition is intensifying, but I think China’s ability to slash costs if well executed once again by them, it will make things interesting.

I think that a robot for every household is still a decade away, but industrial robots are already making an impact. China is deploying more of them than any other country in the world.

We see workforce shrinking in their industry so humanoid robots may not just be a mere business opportunity, they might be a necessity for them.

So that means that Elon's $10 trillion vision is not far fetched at all, but who ends up owning that market is still uncertain.

Screenshot Taken From YouTube.