Robotics
The Robot Boom Goes Public Before the Robots Go to Work
Unitree, maker of China's viral backflipping humanoids, priced a Shanghai IPO this week that values it near $9 billion. It is the first humanoid robot maker to list on the mainland, yet the number of humanoids doing genuinely useful work worldwide still runs only to the low thousands. The bet is on a market that barely exists.
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AI & Work
Same Week, Opposite Headlines on AI and Jobs
One report says AI is destroying jobs faster than it creates them; another counts 2.6 new hires for every one lost; a third says it is not coming for your job at all. The numbers all check out, because they measure different things. The pain is real, but it is concentrated at the bottom of the ladder.
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