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Saturday
Mar012008

Japan: where demographic crisis meets cybertechnology.

 

The gist of the topic that has been keeping me intrigued for a while now...
For Japan, the robotics revolution is an imperative. With more than a fifth of the population 65 or older, the country is banking on robots to replenish the work force and care for the elderly.

In the past several years, the government has funded a plethora of robotics-related efforts, including some $42 million for the first phase of a humanoid robotics project, and $10 million a year between 2006 and 2010 to develop key robot technologies.

The government estimates the industry could surge from about $5.2 billion in 2006 to $26 billion in 2010 and nearly $70 billion by 2025.

Read full article here.

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