Are these all overseas? I'm asking because I don't know. Amazon tops with $13.3B. Some pretty big bucks! I'm 100% confident a great deal of that is creating new automation, which will benefit many people.
https://www.bloomberg.com/view/articles/2016-04-29/amazon-and-facebook-are-big-spenders-on-r-d
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Having worked in manufacturing (not R&D) my whole life..I see a different side of the coin...but still the same coin. I see a total lack of talented individuals who are ready to learn and pursue technical trades. Robot programmers, machinists, hydraulic machine techs, automation techs...I have lived in more than 6 states on the east coast in the last 15 years and the problem is the same. Kids are not getting into creating new things and learning (sometimes well paying) trades.
This might not relate directly to R&D, but it is connected. I think it is more of a leading indicator that we have an issue.
I see the perils of wall street and quarterly cash reporting every day in every company I have worked in. Short sighted goals. Lack of real long term strategy. But whats the alternative? Some companies get it, some don't. If there is money to be made, smart companies invest. If not, they fall behind and disappear...another one rises up.