Recently, a video from China showcased robots playing soccer, demonstrating significant advancements in AI and robotics technology. The robots operated autonomously without human control, using “physical AI” to react and adapt in real time.
China is currently leading in robotics, with projections from Morgan Stanley estimating its robotics market will grow from $47 billion in 2023 to $108 billion by 2028. The country faces a demographic crisis, with an aging population expected to necessitate increased automation, resulting in a projected installation of over 300 million humanoid robots by 2050.
The U.S. is aiming to catch up, with plans for a national AI strategy expected to be revealed on July 22. Analysts suggest that the U.S. will need to significantly increase its investment in AI and robotics to compete with China’s advancements.
