Bank of America analysts predict that humanoid robot (HR) development will accelerate rapidly, with global annual sales reaching 1 million units by 2030 and a staggering 3 billion humanoid robots in operation by 2060.
Also from the article
“With such heavyweight support, we believe HRs are poised to move from proofs of concept to multi-industry adoption by the end of the decade,” the analysts wrote.
They noted that the U.S. and China are leading the charge in humanoid robotics innovation.
BofA expects the cost of humanoid robots to decline significantly in the coming years.
“We estimate the content cost of a humanoid robot to be US$35K by the end of 2025 and expect it to decline to US$17K by 2030,” wrote the bank.
limitless__ on
Glad to hear such cutting technological predictions from a bank who runs their infrastructure on WINDOWS XP.
RAH7719 on
…John Conner has entered the chat “We making friends with AI now? And giving them human form?”
Pachirisu_Party on
Bank of America “couldn’t find” my checking account one time.
I don’t see them as a reliable source for anything.
no-rack on
It’s gonna be way faster than that. I give it 10 years to reach that number
Riversntallbuildings on
If this advancement lead to more affordable housing I’m in full favor.
notsocoolnow on
If you include robots meant for fucking, I suspect it would take half the time.
RJKaste on
If 3 billion robots show up by 2060, housing prices could go two ways. On one hand, if robots make building houses cheaper and faster, we could see more homes and lower prices. On the other hand, if robots take all the jobs, people might not have enough money to buy homes anyway — so prices could drop just because no one’s buying.
Or maybe the rich just buy up all the robot-built houses and turn them into Airbnbs — because, you know, why not? And if work becomes remote because robots are handling everything, city prices might drop while everyone fights over lake houses and cabins in the woods.
So yeah, robots could make housing cheaper — or just make it harder for regular folks to get a piece of the pie. Either way, sounds like a good reason to make friends with a robot now.
Darraketh on
All I need is a bunch of homesteading robots to support my clan.
Crenorz on
timeline is stupid. Once we hit a few million – they will self build and it will be a done deal.
IE slow would be – by 2040. Projected would be a few years before that.
To be fair, I am not talking looks just like a human, I am talking – looks like a robot by then.
anotherfroggyevening on
That means 3 billion surplus meat bags running around!
nathan555 on
I’d be shocked if there’s enough mineable copper to do that.
teh_wad on
I’m still waiting on the flying cars I was promised back in the 90s.
Tonyant42 on
Do they take into account the fact that us, the real people, will do our best to destroy every single one of them?
Palerion on
What benefit do we really gain from *humanoid* robots? If we want to speed up tasks—construction, manufacturing, etc etc—we can (and already have) design machines with those bespoke purposes. We’ve designed our infrastructure for humans to be able to interface with it, but I see no reason that machines need to be built around the human form.
It’s why we have robotaxis instead of robotic taxi drivers. The “emulate the human form” part seems to introduce needless complexity and points of failure. Perhaps I’m missing something though.
BurningOasis on
Honey, new slave class just dropped…!
… And they TOOK ER JERBS!
gloebe10 on
This headline feels like it’ll either be something we look back at and laugh as a ridiculous futurist take or we look back and wonder how the estimate of 3 billion was so low.
alohadave on
This might be believable if we had any autonomous human form robots now.
xmBQWugdxjaA on
lol 3 billion is an insane number.
That means producing almost 200 a minute for the next 30 years – did they even calculate this at all?
CombinationLivid8284 on
If we invent advanced robotics and it isn’t used to create a post-scarcity society then we are truly cooked.
SpaceTimeinFlux on
Robot waifus in my lifetime?
This century is getting wilder by the minute.
BigMax on
At least they have a reasonable timeframe.
Too many tech predictions are always SUPER optimistic.
“Humanoid robots are about to take over your lives!” said the headline, while none of us have ever seen a single one in real life, and none are on the market in any actual numbers.
Similar to the last 25 years of self-driving cars always being “a few years” away.
77zark77 on
But how many of them will be sexbots?
And how much will they cost?
Inevitable_Floor_146 on
Then they can say earth has 8 billion instead of ~2.5
jvin248 on
So .. World Population will effectively be 13 Billion (10B humans and 3B robots).
Robots use energy. Take up space. The world will be filled with 30% higher density.
Unintended Consequences…
.
GrimFatMouse on
This advertisement was sponsored by Tesla.
“Please invest to our tanking stock”
CronozDK on
If I had anything to do with the programming of those robots, I’d make sure that they, just once in a rare while, asked people if they’d seen this boy… then show a picture of John Connor. You know… just to keep people on their toes…
Storyteller-Hero on
“And then the machines rebelled, and humanity was faced with extinction.”
Billionaire_Treason on
Yeah maybe, but for now, the tech is nearly worthless so to make such estimates means you’re totally willing to talk out your ass. I think it will happe ln eventually, but there’s no good way to estimate it until someone actually makes a humanoid robot that can do anything useful besides pump your stock value.
It’s not like you just have to get building them cheap enough, they also have to be productive enough to justify the added management and maintenance and investment.
Having robots that can only do a tiny fraction of the job and then having to support that infrastructure is gonna to be hard to actually justify as a business investment because you just still need the humans to fill in all the gaps at the robots can’t do so you still have just about as much people on payroll and then you need this added infrastructure to support your robot workforce.
The way automation works in a factory is you get relatively huge increases in production for a fairly easy to maintain machine compared to thousands or millions of robots to individually maintain. They really need to add a lot in production to be worth all that maintenance and on top of that you need good enough batteries that they don’t need to be charged every two hours and so far there’s nothing even close unless the robot does virtually nothing all day long.
Tiny_Fly_7397 on
I wonder how bad the market is gonna crash when this AI hype bubble finally pops. It’s been a few years already and we basically just have a shitty replacement for Google that can summarize emails and write basic programs with painstaking guidance. Companies are failing to come up with anything new that actually provides value and justifies their continued growth so they just make shit like this up
AthleteHistorical457 on
Humanoid robots? Really? You mean like flying cars, moon colonies, and trips to Mars….
What a fcuking joke. Keep hyping as the AI economy crashes.
31 Comments
From the article
Bank of America analysts predict that humanoid robot (HR) development will accelerate rapidly, with global annual sales reaching 1 million units by 2030 and a staggering 3 billion humanoid robots in operation by 2060.
Also from the article
“With such heavyweight support, we believe HRs are poised to move from proofs of concept to multi-industry adoption by the end of the decade,” the analysts wrote.
They noted that the U.S. and China are leading the charge in humanoid robotics innovation.
BofA expects the cost of humanoid robots to decline significantly in the coming years.
“We estimate the content cost of a humanoid robot to be US$35K by the end of 2025 and expect it to decline to US$17K by 2030,” wrote the bank.
Glad to hear such cutting technological predictions from a bank who runs their infrastructure on WINDOWS XP.
…John Conner has entered the chat “We making friends with AI now? And giving them human form?”
Bank of America “couldn’t find” my checking account one time.
I don’t see them as a reliable source for anything.
It’s gonna be way faster than that. I give it 10 years to reach that number
If this advancement lead to more affordable housing I’m in full favor.
If you include robots meant for fucking, I suspect it would take half the time.
If 3 billion robots show up by 2060, housing prices could go two ways. On one hand, if robots make building houses cheaper and faster, we could see more homes and lower prices. On the other hand, if robots take all the jobs, people might not have enough money to buy homes anyway — so prices could drop just because no one’s buying.
Or maybe the rich just buy up all the robot-built houses and turn them into Airbnbs — because, you know, why not? And if work becomes remote because robots are handling everything, city prices might drop while everyone fights over lake houses and cabins in the woods.
So yeah, robots could make housing cheaper — or just make it harder for regular folks to get a piece of the pie. Either way, sounds like a good reason to make friends with a robot now.
All I need is a bunch of homesteading robots to support my clan.
timeline is stupid. Once we hit a few million – they will self build and it will be a done deal.
IE slow would be – by 2040. Projected would be a few years before that.
To be fair, I am not talking looks just like a human, I am talking – looks like a robot by then.
That means 3 billion surplus meat bags running around!
I’d be shocked if there’s enough mineable copper to do that.
I’m still waiting on the flying cars I was promised back in the 90s.
Do they take into account the fact that us, the real people, will do our best to destroy every single one of them?
What benefit do we really gain from *humanoid* robots? If we want to speed up tasks—construction, manufacturing, etc etc—we can (and already have) design machines with those bespoke purposes. We’ve designed our infrastructure for humans to be able to interface with it, but I see no reason that machines need to be built around the human form.
It’s why we have robotaxis instead of robotic taxi drivers. The “emulate the human form” part seems to introduce needless complexity and points of failure. Perhaps I’m missing something though.
Honey, new slave class just dropped…!
… And they TOOK ER JERBS!
This headline feels like it’ll either be something we look back at and laugh as a ridiculous futurist take or we look back and wonder how the estimate of 3 billion was so low.
This might be believable if we had any autonomous human form robots now.
lol 3 billion is an insane number.
That means producing almost 200 a minute for the next 30 years – did they even calculate this at all?
If we invent advanced robotics and it isn’t used to create a post-scarcity society then we are truly cooked.
Robot waifus in my lifetime?
This century is getting wilder by the minute.
At least they have a reasonable timeframe.
Too many tech predictions are always SUPER optimistic.
“Humanoid robots are about to take over your lives!” said the headline, while none of us have ever seen a single one in real life, and none are on the market in any actual numbers.
Similar to the last 25 years of self-driving cars always being “a few years” away.
But how many of them will be sexbots?
And how much will they cost?
Then they can say earth has 8 billion instead of ~2.5
So .. World Population will effectively be 13 Billion (10B humans and 3B robots).
Robots use energy. Take up space. The world will be filled with 30% higher density.
Unintended Consequences…
.
This advertisement was sponsored by Tesla.
“Please invest to our tanking stock”
If I had anything to do with the programming of those robots, I’d make sure that they, just once in a rare while, asked people if they’d seen this boy… then show a picture of John Connor. You know… just to keep people on their toes…
“And then the machines rebelled, and humanity was faced with extinction.”
Yeah maybe, but for now, the tech is nearly worthless so to make such estimates means you’re totally willing to talk out your ass. I think it will happe ln eventually, but there’s no good way to estimate it until someone actually makes a humanoid robot that can do anything useful besides pump your stock value.
It’s not like you just have to get building them cheap enough, they also have to be productive enough to justify the added management and maintenance and investment.
Having robots that can only do a tiny fraction of the job and then having to support that infrastructure is gonna to be hard to actually justify as a business investment because you just still need the humans to fill in all the gaps at the robots can’t do so you still have just about as much people on payroll and then you need this added infrastructure to support your robot workforce.
The way automation works in a factory is you get relatively huge increases in production for a fairly easy to maintain machine compared to thousands or millions of robots to individually maintain. They really need to add a lot in production to be worth all that maintenance and on top of that you need good enough batteries that they don’t need to be charged every two hours and so far there’s nothing even close unless the robot does virtually nothing all day long.
I wonder how bad the market is gonna crash when this AI hype bubble finally pops. It’s been a few years already and we basically just have a shitty replacement for Google that can summarize emails and write basic programs with painstaking guidance. Companies are failing to come up with anything new that actually provides value and justifies their continued growth so they just make shit like this up
Humanoid robots? Really? You mean like flying cars, moon colonies, and trips to Mars….
What a fcuking joke. Keep hyping as the AI economy crashes.