人形机器人 - 等待“Scaling Law”时刻

华尔街见闻
Sep 03, 2025

核心观点 8月27-28日我们组织了2025年秋季策略会,在人形机器人论坛上讨论了机器人的“Scaling Law”时刻、本体在工业场景落地的应用前景和解决方案、以及机器人开放平台的必要性。 核心亮点: 1、目前机器人处于产业趋势投资前期,我们认为初期订单数并不构成关键信号,核心在于能否解决人形机器人核心卡点:1)硬件成本高、结构复杂且未定型;2)大脑不够智能。硬件层面,以国内制造业企业大规模入场...

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