Mark Cuban took to Twitter to say that President Donald Trump's $1 trillion spending plan is going to take America backward rather than forward.
Rather than spending on roads, bridges and infrastructure, Cuban says that Trump needs to "invest in infrastructure that supports and enables the future, not projects that tie us to a less competitive past."
Cuban's comments are not the first time the owner of the Dallas Mavericks has spouted off on social media about Trump's spending plans.
Cuban posted a letter to the then President-elect on his blog in December saying that, while he supports infrastructure investment, he thinks Trump is thinking about national priorities the wrong way.
"If it was me spending the money, I would take $100 billion of the proposed $1 trillion in infrastructure investment and invest it in Robotics. I would invest it in the companies that do R&D, software, and design for robots and every other facet of the Robotics Industry," Cuban writes.
We have to win the robotics race. We are not even close right now.Mark Cuban"Shark Tank" investor,
"We have to win the robotics race. We are not even close right now," says Cuban.
The "Shark Tank" star points out that China is investing much more heavily in robots than the U.S. is.
"Technological change always accelerates. It never stagnates over time," says Cuban. "Which means we are going to face the fact that, if nothing in the States changes, we will find ourselves dependent on other countries for almost everything that can and will be manufactured in a quickly approaching future."
If America is forward-facing and quick to respond to these changes, it can prepare itself. But that means accepting some hard truths.
"We have to face the fact that countries are going to lose jobs to robotics," says Cuban. "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."
