"In early June, TSMC Chairperson C.C. Wei confirmed that demand for chips used in humanoid robots is growing rapidly. As per the Economic Daily News, TSMC projects that by 2030, 1.3 billion AI robots will be deployed, creating a market worth $35 billion. This number is expected to surge to 4 billion by 2050, including 650 million humanoid robots, the report adds."

Robotics is advancing so rapidly I think these projections may be possible. If anything, the 2050 figure for 650 million humanoids underestimates their numbers. I am sure there will be a vast, perhaps bigger, market of knock-off cheaper Chinese models that won't be as good as top quality producers, but often good enough for the price. That's the way it is with many other products today.

Needless to say, none of these people seem to anticipate any economic problems ahead with all the hundreds of millions of human jobs being replaced.

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TSMC Reportedly Eyes 10-Year Boom from Humanoids, Backed by NVIDIA Jetson and Tesla’s Chips

TSMC chairman C.C. Wei says major US tech clients anticipate the business potential of humanoid robots to be more than ten times that of electric vehicles (EVs).
byu/lughnasadh inFuturology

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6 Comments

  1. NoMoreVillains on

    I’m not too confident in them hitting those numbers by 2050. The only benefit for humanoid robots is to have robots able to move around/interact in human centric spaces and if it gets to the point they’re advanced enough to do that, it seems more likely they’ll just build robots that are more efficient to the tasks needed, even if they aren’t humanoid shaped. But who knows

  2. Less-Consequence5194 on

    Having a robot in the household will be such an advantage to the welfare of the family that it will be considered an unalienable right. The government will have to provide support to those who can not afford one. That will add to the several million robots creating all those goods.

    However, one should keep in mind that robots may be so fantastically efficient and quick to finish tasks that only a small number of them are needed to produce all the goods that humans can effectively use. I think the numbers may reach a billion AI robots and a billion humanoid robot and stop. Of course, they will be continuously upgrading themselves. Also, factories will only produce 1/10th of this number because each robot will build robots in their spare time. The family robot will need to be doing something all night long while the family is asleep. That is, after it finishes building the family EV Rolls Royce and jet.

  3. LastCivStanding on

    I want to see neighborhood gardens robots that help people tend intense gardens in their lawns or other public spaces. They could do the work themselves or make recommendation to home owners to do chores based on scans done every few days. The could visit quite a few places every day with an electric bike pulling a cart full of tools. They could do welfare checks and watch out for suspicious people in the neighborhood. Maybe engage in some gossip while they are visiting people too.

  4. tigersharkwushen_ on

    > 1.3 billion AI robots will be deployed, creating a market worth $35 billion.

    So less than $27 per robot? These are toy robots then, and cheap ones at that.

  5. Batmanpuncher on

    I don’t understand why you wouldn’t also consider the potential for destruction if things go wrong with robots that can pilot aircraft, handle weapons and drive a tank. Seems like that could be very bad for business.