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China’s top economic planning agency warns of rise of too many robots (www.scmp.com)

submitted 2 months ago by rss@news.abolish.capital to c/china@news.abolish.capital

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Beijing has flagged risks of excessive duplication in China’s rapidly growing humanoid robot sector, vowing to strengthen guidance for an industry that officials have identified as an important engine of future growth. Driven by an influx of new capital, the number of humanoid robot companies in China has climbed to over 150 and is continuing to grow, National Development and Reform Commission (NDRC) spokeswoman Li Chao told a news conference in Beijing on Thursday. “More than half of them are...

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[–] DragonTypeWyvern@midwest.social 3 points 2 months ago* (last edited 2 months ago)

If only they enacted some kind of policy where the citizens collectively owned the means of production, sharing the fruits of the automated labor so that no one must go without.