The U.S. government spends about 0.7 percent of GDP on scientific research and development, down from 2 percent in the 1960s. Less investment means fewer chances for breakthroughs like the weapon-seeking robots that saved thousands of soldiers in Iraq and Afghanistan -- and created a new consumer products category. Economics correspondent Paul Solman reports on an effort to jump-start public R&D.
This segment aired on August 29th, 2019 and features:
Authors Jonathan Gruber and Simon Johnson
iRobot, the robotics company based in Bedford, Massachusetts
Colin Angle, iRobot CEO
Terry Clas, former Kodak executive
Yasaman Soudagar, Founder and CEO at Neurescence Inc.