{"schema":"hottub-news/story/v1","story":"st_mxsgapecggdvcez3oj5q","title":"全都是泡沫？对话伯克利教授Allen Yang：人形机器人、世界模型、机器人商业落地与中美竞合","title_en":"Are they all bubbles? Interview with Berkeley professor Allen Yang: humanoid robots, world models, commercialization of robots, and US-China competition","outlets":1,"brief":null,"page":"https://hottub.news/stories/are-they-all-bubbles-interview-with-berkeley-professor-allen-yang-mxsgapecgg","count":1,"items":[{"id":"n_mxsgapecggdvcez3oj5q","seq":396883,"kind":"article","title":"全都是泡沫？对话伯克利教授Allen Yang：人形机器人、世界模型、机器人商业落地与中美竞合","title_en":"Are they all bubbles? Interview with Berkeley professor Allen Yang: humanoid robots, world models, commercialization of robots, and US-China competition","url":"https://www.huxiu.com/article/4893930.html?f=rss","summary":"判断一个行业是否存在泡沫的最好时机，或许是它最喧嚣的那一刻。 8 月 19 日，宇树科技登陆科创板，开盘涨超六倍，市值一度冲到 4449 亿。二十个交易日不到，股价腰斩，市值跌破 2224 亿，凭空蒸发两千多亿。同一个上半年，中国具身智能赛道融资 935 亿、同比涨五倍，仅智元一家单季出货即 8400 台，全球份额登顶。 一边是一级市场用脚投票的狂热，一边是二级市场用脚投票的撤退。 所以当具身智能概念的开创者之一 Rodney Brooks 公开宣称这波热度严重泡沫化、部分叙事甚至带有自我欺骗时，我们意识到，这已经不是一个能用「看多」或「看空」回答的简单问题。真正值得反复琢磨的，或许不是他的结论对错，而是他做出这样判断的底层逻辑。 本期「创见播客」，我想把四个更锋利的问题摆到桌上：高估值之下，具身智能到底是一场怎样的游戏？世界模型是不是唯一解？机器人商业化会在哪些场景率先发生？以及，面对这轮热潮，一个专业投资人真正要反复验证的是什么？ 回答这些问题，很难找到比 Allen Yang 教授更合适的人。","published":"2026-09-28T10:00:00Z","seen":"2026-09-28T10:17:30Z","lang":"zh","country":"CN","source":{"id":"kite-huxiu-com-dbd1aa","name":"huxiu.com","domain":"rss.huxiu.com"},"via":"kite-huxiu-com-dbd1aa","authors":["author"],"entities":[{"id":"Q484678","name":"Berkeley","type":"org"}],"story":"st_mxsgapecggdvcez3oj5q","category":"science-technology","category_p":0.6800000071525574,"sentiment":"neutral","tone":0.15000000596046448,"political":0.1899999976158142}]}