With increasing demand for both personal support and services, the bank predicts that there could be up to 3 billion service- oriented robots worldwide by 2060.
According to this study, the human-shaped robot market is booming and the new forecast is just the beginning.
Bank of America analysts predict that the robot's annual sales will reach 1 million units by 2030, with an expected 3 billion robots in use by 2060, most of which will be used indoors.
With advances in machine learning, autonomous robots will soon be able to connect more closely with humans.
Bank of America predicts that by 2060, 65% of Seaweed robots will be used in the home environment, 32% in the service sector and only 3% in the industrial sector.
This analysis shows a change in the use of personal assistance and automation of daily tasks, instead of the industry, where these robots are being used quite a lot.
Recently, a Chinese manufacturer has successfully piloted the deployment of dozens of human-shaped robots in a world-first electric car factory.
Some factors are expected to contribute to the rapid growth of the number of human-shaped robots, stemming from the significant decrease in production costs for this type of device.
In fact, as the number of robots produced increases, their prices will decrease.
Bank of America predicts that the average cost of a human-shaped robot will fall to around $17,000 by 2030, half of what it is today.
In addition, the aging population and labor shortage in some countries (for example Japan) will create a real need for human-shaped robots, in supporting the elderly and automating in many other fields.
However, the boom in autonomous robots also comes with questions about which jobs will be threatened. In addition, the ethical and social integration of these robots, whether indoors or in other environments, is also a matter of concern.
