EU Launches World's Largest Civilian Robotics Program; 240,000 New Jobs Expected

Hallie Siegel writes: "The European Commission and 180 companies and research organizations (under the umbrella of euRobotics) have launched the world's largest civilian research and innovation program in robotics. Covering manufacturing, agriculture, health, transport, civil security and households, the initiative – called SPARC – is the E.U.'s industrial policy effort to strengthen Europe's position in the global robotics market (€60 billion a year by 2020). This initiative is expected to create over 240,000 jobs in Europe, and increase Europe's share of the global market to 42% (a boost of €4 billion per year). The European Commission will invest €700 million and euRobotics will invest €2.1 billion."

DANGER! SOCIALISM!

[Anonymous Coward]

In capitalistic USA, owners keep 40 years of increasing productivity from automation for themselves.

In socialist EU, prosperity and leisure for everyone!
How horrible!