This round of market conditions has been widely observed, with overall sentiment very poor, no clear trend in altcoins, and funds on the sidelines. Many project teams are still talking about old narratives, such as DeFi, GameFi, and RWA, cycling through them, but the market clearly isn't buying it anymore. At this stage, two things are most likely to emerge: one is completely meaningless hype, and the other is the emergence of truly new narratives. The recent popularity of robots during the Spring Festival Gala and the trending Lobster on made me think of an interesting thread—AI + Robots.

In the past few years, everyone has been talking about AI, but most discussions remain at the software level, such as models, Agents, and data. What can truly change the production structure of the real world is AI + Robots. When robots can not only perform tasks but also connect and collaborate online, and can handle value settlement on their own, it essentially becomes a new economic system—many people are now starting to use a term to describe it: Machine Economy.

The idea is very straightforward: to develop a set of