China’s government is handing out massive subsidies for everything called robotics. This causes the number of companies that claim to do robotics to be inflated
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rimu@piefed.social 1 month ago
more than 1,600 robotics companies.
In one city. Christ.
qevlarr@lemmy.world 1 month ago
Not_mikey@lemmy.dbzer0.com 1 month ago
Same here in the US with AI, but instead of the government giving subsidies its venture capitalists.
AppleTea@lemmy.zip 1 month ago
industries tend to be more centralized in China. It’s not that that’s indicative of every city, more that Shenzhen already has easy access to the kind of manufacturing and products that a robotics company would find ideal.
baguettefish@discuss.tchncs.de [bot] 1 month ago
the city is in key national focus for prototyping modernization and creating a smart city.
RagingRobot@lemmy.world 1 month ago
It must be easy to start a business there
arcterus@piefed.blahaj.zone 1 month ago
Shenzhen is huge and has an absurd amount of tech companies, so this doesn't really surprise me.