By all accounts, the Chinese state is on all-out drive to move the country up the technological ladder. As the era of China as the world’s low-cost manufacturer comes to an end, innovation has become the most important element in the state’s development blueprint. Given its ideological leanings, China presents itself as a unique experiment in the power of the state to help the economy become more innovative.
Donald Trump wants to take on "Made in China'' to bring jobs back to America. But the battle is already becoming one of ideas as the Factory to the World ramps up research-and-development spending to become an innovator as well as assembler. China will overtake the U.S. in spending on R&D by 2020 on a purchasing power parity basis, according to analysts from Credit Suisse Group AG.
By and large the United States continues to export our intellectual property so foreign companies and subsidiaries around the world can engage in manufacturing instead of making things in America. Unfortunately, when manufacturing exits a country research and development funding dwindles in direct response, thereby creating an enormous problem for subsequent generations of innovation.
The ties between the Defense Department and commercial technology and innovation keep the U.S. military agile as it meets today’s challenges and remains ready for the future, Defense Secretary Ash Carter said today.
Case, who spoke on the topic at the recent TEDx mid-Atlantic conference in Washington, D.C., says the reason money is not going to minority groups boils down to one thing: unconscious bias, or the act of unintentionally gravitating to those most like us. “People that we’re most familiar [with], who are similar to us, are often those we feel most comfortable with,” Case told WTOP.
Last week, 150 academics and industry experts published the U.S. Roadmap for Robotics -- just ahead of the presidential election -- to help guide Congress as it moves to figure out how to allocate federal funds to encourage innovation, keep humans safe and, importantly, make sure America remains a global leader.
The U.S. alleges that China is rigging the semiconductor market in its favor by indulging in unfair trade practices. "This unprecedented state-driven interference can distort the market and undermine the innovation ecosystem," Penny Pritzker, U.S. secretary of commerce, said during a Wednesday event organized by the Center for Strategic and International Studies.
We are less competitive than Singapore? How can that be? The reason is that Singapore, like Switzerland, has much better free-market policies. Dan pointed out that if you look at the top-10 nations and the three major measurements, the United States ranks extremely high in “efficiency enhancers” and “innovation and sophistication factors,” both of which have a lot to do with the private sector’s competitiveness.
As with any immense opportunity, there are risks involved – in this case, bad actors who in the name of chaos or blackmail disrupt the communication and connectivity we all depend on. But we must not let these cybercriminals hinder innovation and the countless ways in which technology is changing our lives for the better.
Across the United States and the globe, a push to innovate and build smart, technologically advanced cities has transformed the way governments approach public service. It's also transforming their budget and hiring priorities. "We want more people who are drone operators, interested in robotics and understand data analytics and visualization," said Jeanne Holm, who this past summer was appointed to the position of senior technology advisor to Los Angeles Mayor Eric Garcetti.