As I reported previously, private industry R&D and innovation can more quickly produce exponentially more revenues for U.S. companies and jobs for our nation’s economy than any direct government efforts. Unfortunately, one field that the government has severely hampered research and development is online gambling. Until recently the U.S. government considered online gambling unlawful and even charged companies with illegally taking online bets!
As a result, other parts of the world have passed up our two, prominent gambling meccas of Las Vegas and Atlantic City. For example, a little more than ten years ago, few could have imagined Macau becoming a worldwide gambling leader. However, Macau racked in $45.2 billion in revenues in 2013 compared to only $6.4 billion in Las Vegas and $3 billion for Atlantic City! This represented a 19% increase over 2012 for Macau. Furthermore, analysts expect Macau, the only place in China where casino gambling is legal, to grow by 20% in 2014 and eventually hit $77 billion by 2017!
Additionally other Asian countries, including Singapore and the Philippines, are growing as well. Analysts estimate that 20 new casinos will open throughout Asia over the next five years. This will further increase the competition U.S. gambling centers face.
As a result, governments should not only, step back and repeal arcane laws, but also encourage research and development, scientific breakthroughs and engineering in the online gambling industry. Inspire product developers to engineer new forms of online gambling and physical gambling machines. Sponsor events similar to the Robotics Challenge Trials where the Department of Defense (DOD) has encouraged the development of rescue robots. This will stimulate R&D, innovation and jobs creation.
Instead of past, stifling legislation, which prevented industry growth and jobs creation, the government should become a catalyst to drive private sector companies, to push the limits of science, engineering and research and development in online gambling. The result will be many more jobs for project engineers, automation engineers, artificial intelligence scientists, expert system developers, electrical engineers, software engineers, mechanical engineers, design engineers, process engineers, quality engineers, material scientists, game designers, product developers and IT professionals; all professions I focus on as an engineering and scientific recruiter!
As I shared previously, R&D and innovation can quickly produce a lot more revenues for U.S. companies and in turn more jobs for our nation’s economy. One burgeoning field that is harnessing research and development to drive jobs creation is rescue robotics.
Unlike in the movies where robots such as the Terminator were villains, rescue robots like THOR, Valkyrie and Atlas travel where no human can during disasters, like a nuclear plant meltdown, to save lives.
To encourage robot developers to engineer new generations of rescue robots, the Department of Defense (DOD) launched a major competition called the Robotics Challenge Trials. During this two-day event, robots compete in a series of challenges including driving an all-terrain vehicle, turning off a valve and climbing a ladder. The goal is to engineer more human-like dexterity into a robot.
Google is one company feverishly competing to win DOD contracts for rescue robots. They have invested heavily in R&D for both commercial drone-delivery and a driver less car. They also acquired Boston Dynamics, the creator of running robots like BigDog, WildCat and Cheetah, the fastest legged robot in the world at 28.3 miles per hour (MPH). This exceeds Usain Bolt, the world’s fastest man, whose maximum speed is 27.78 MPH! Leading these product development efforts for Google is Andy Rubin who led software development for their Android smart phones. As a result, Google’s SHAFT robot made a major statement at the recently completed 2013 competition earning “best in task” in four categories: terrain, ladder, debris and hose.
Programs like the Robotics Challenge Trials are one of the few ways the U.S. government can stimulate R&D, innovation and jobs creation. Instead of directly creating jobs, where they have proven historically inefficient, indirectly providing a catalyst to drive private sector companies like Google, to push the limits of science, engineering and research and development, is a lot more productive. The result will be many more jobs for project engineers, automation engineers, artificial intelligence scientists, expert system developers, electrical engineers, software engineers, mechanical engineers, design engineers, process engineers, quality engineers, material scientists, chemists, polymer scientists, product developers and IT professionals; all professions I focus on as an engineering, scientific and technical recruiter!