What's Driving China's Robot Revolution? Precision Components, Industrial Crossover, AI and Data

Yeah, this is very helpful.

Yeah, because I mean, while the locomotion and some of these bodily movement, you know, capabilities look very impressive and they sure make a good show.

Like the ultimate question is, who's going to want to buy them? Who's going to want to use them for actual, say, manufacturing work or in a service setting or, you know, much less even like a household setting, which is why I think a lot of people dream of, you And so there seems to be, as you said, this huge gap and a lot of it is still in that, you know, large potential value.

And yet, you know, we're still it's still unclear how far we are from from from bridging bridging that gap, basically where things stand.

Absolutely.

But to be fair, I think it's very creative for the Chinese side to deploy a lot of human robots.

So they create the whole industry called the elderly care.

So this is something like, I mean, quite... difficult to understand, perhaps in the US or across the EU countries, because I think right now what we have seen for some of the deployment in China, which is heavily supported by not just the central government, but a lot from the provincial governments or big cities like Shanghai.

Shanghai has their own exclusive policy white paper to encourage the deployment of humanoid for the elderly care center because the aging population in China is bad and severe and then they want to have more humanoid like serving as a like a humanoid partner I mean like to take care of the elderly 24 7 and trying to monitor of course their different kind of like health condition to have this kind of like a work And I think it's interesting and creative.

But at the same time, of course, a lot of people are talking about how to use humanoid for the industrial purposes, as mentioned.

And also, I mean, we have seen a lot of deployment in China, which is heavily surrounding the service industry.

That's why, I mean, you can see a lot of robots are being used when people are like, I mean, having food, I mean, at restaurant and they are now using robots.

robots for logistic purpose to send your, deliver your Uber Eats, right, in China.

So I think this is kind of like the more like a so-called general purpose robot, I mean, that are being seen in China right now.

And hopefully one day, of course, I mean, they also want to reach to the goal that, accomplish the goal that to use robots in warehouse massively, yeah.

Yeah, that's very helpful.

Yeah, yeah.

In some ways, it's like the less flashy areas where we see actual rollout, actual use, like for the service robots for like a waiter in a restaurant or like a room service in a hotel.

And it doesn't look as impressive on social media.

And I think there are some aspects of like the world human competition where they were trying to like show some of this.

But ultimately, like, I don't know who watches that versus, I mean, maybe we do.

versus everyone else who's more obsessed with the spectacle.

But you mentioned deployment, and I was just wondering if you could talk about what China's trying to do to both boost deployment and scale production.

It seems like whatever direction the technology is taking, the goal seems to be to just increase the numbers, ramp up, and scale up as quickly as possible.

So what's the idea behind that?