贝莱德：AI正在“引爆”半导体、机器人等四个赛道

Core Insights - BlackRock anticipates that AI will continue to drive structural transformations across various industries, accelerating demand growth in semiconductors, robotics, cybersecurity, and next-generation digital platforms by the second half of 2025 [1] - The opportunities in AI are extending from core infrastructure to scalable real-world applications, making forward-looking investments based on deep industry insights crucial [1] - Technology remains one of the most powerful engines for creating long-term value amid ongoing transformations [1] Industry Developments - Humanoid robots are expected to be the most transformative force in the field of physical AI, reshaping the global labor market and generating trillions of dollars in market value for manufacturing, logistics, and services [1] - Current technological breakthroughs are focused on four core areas: 1. Cognitive Intelligence: Robots can process complex sensory information and make decisions using multimodal large models, with synthetic data and physical demonstrations filling gaps in training data. It is expected that foundational models for robots will evolve rapidly, similar to large language models, becoming reusable intelligent engines [1] 2. Dexterous Manipulation: Hand manipulation remains a significant challenge due to mechanical complexity and a shortage of training data. However, advancements in hardware and simulation technology are expected to make human-level dexterous manipulation a reality in the coming years [1] 3. Motion Control: Robots have largely solved walking balance and autonomous navigation issues through reinforcement learning and mature hardware. Current research focuses on enhancing robustness and cost-effectiveness [1] 4. Software-Hardware Integration: Building tightly coupled perception-drive-control systems is crucial, with the industry transitioning from manual prototypes to scaled production, as leading companies aim to achieve a monthly production target of 1,000 units this year [1]