Chinese officials are warning that the country’s humanoid robotics industry could be forming a massive bubble.

As Bloomberg reports, strategists from the National Development and Reform Commission (NDRC), which serves as the country’s state-run macroeconomic management agency, say that extreme levels of investment could be drowning out other markets and research initiatives.

It’s a notable shift in tone as the humanoid robot industry continues to attract billions of dollars in investment. Aided by advancements in artificial intelligence opening up new use cases — and plenty of unbridled enthusiasm — for the tech, investors are pouring untold sums into over 150 humanoid robot companies in China alone, according to the NDRC.

Many of those companies are producing robots that are extremely

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