Elon Musk has projected there will be 10 billion humanoid robots by 2040, and he’s not alone in predicting such extraordinarily high numbers:
-in China, Shenzhen’s city government has released an action plan to offer funding and policy support for intelligent robots, including humanoids. By 2027, it aims to host more than 10 companies valued at over 10 billion yuan (US$1.3 billion) and over 20 companies with annual revenues exceeding 1 billion yuan.
-a Citi report estimates there will likely be 1.3 billion AI-robots by 2035 and 4 billion by 2050