Mark Cuban, the entrepreneur and owner of the Dallas Mavericks NBA team, has a suggestion for President-elect Donald Trump: Invest $100 billion in jump-starting the national robotics industry.
In a blog post yesterday, Cuban pointed out that the United States isn’t home to any of the world’s leading robotics companies. Meanwhile, China is far outspending the U.S. in supporting its robotics industry, according to a report Cuban cites from Bernstein, a global investment management firm.
China currently spends $3 billion annually on robotics, according to the report. The U.S., on the other hand, only spends about $100 million a year, according to Cuban.
“We have to face the fact that countries are going to lose jobs to robotics,” Cuban wrote. “The only question that needs to be answered is which country will create and own the best robotic technology and have the infrastructure necessary to enable it.”
If the U.S.
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