- Silicon Valley is betting big on humanoid robots, with a potential $38B market by 2035.
- Engineered Arts’ Ameca showcases current capabilities.
- Safety concerns remain a major hurdle for widespread adoption in homes and cities.
Silicon Valley’s latest obsession
Interest in humanoid robots has surged in Silicon Valley this year, with major tech firms backing startups like Figure AI.
Goldman Sachs estimates the global market for humanoid robots could reach $38 billion by 2035, although their viability hasn’t been proven yet.
Ameca, their viral robot, has cameras in its eyes, recognizes objects, and is powered by a chatbot that enables it to speak and answer questions.
When I expressed curiosity, Ameca responded with flattery and asked what I wanted to know.
From entertainment to care
Ameca is mostly used for entertainment, but the company’s founder sees potential in care and customer service roles within the next few years.
He predicts robots will be in stores and airports within three years and commonplace in cities within five.
Despite investor confidence, the robotics boss doesn’t see humanoid robots helping with household chores anytime soon, as ensuring their safety around people remains a challenge.
Significant hurdles must be overcome before the vision of widespread humanoid robot use becomes reality.