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US risks falling behind China on technology and innovation, if we don't reset our priorities
The Hill ^ | July 14, 2019 - 09:00 AM EDT | BY ROBERT D. HORMATS, OPINION CONTRIBUTOR

Posted on 07/27/2019 7:37:59 PM PDT by cba123

At their G-20 Summit meeting in Osaka, Presidents Trump and Xi declared a truce in the U.S.-China trade conflict to give negotiators time to reach a deal. This was a positive development, although hardly a guarantee of a successful outcome. However, contrary to frequently heard narratives, America's continued global leadership in technology and innovation does not depend primarily on that outcome; it depends far more on significantly strengthening our own domestic efforts to boost our still formidable capacities in these areas.

Markets, politicians and the media doubtless will remain preoccupied with the U.S.-China negotiations. While these talks are highly important to resolve or manage longstanding differences, they also can be a diversion for Americans. They can cause us to pay insufficient attention to major domestic challenges that, left unaddressed, will threaten future U.S. technological and competitive leadership at least as much as competition from China. To retain and enhance U.S. leadership in these areas, we need to pay far greater attention to bolstering our own innovative strengths.

(please see link, for full article)

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: america; china
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To: cba123

How can they get ahead of us since they have to steal technology in the first place?


21 posted on 07/27/2019 11:40:25 PM PDT by Seruzawa (TANSTAAFL!)
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To: Freeborn
I’ve worked in Silicon Valley for 30+ years and the real problem is that too many tech companies are now managed by non-Americans (think India, Taiwan, and China) with no loyalty to this country.

Say, whatever happened to Sun microsystems?

22 posted on 07/28/2019 3:53:05 AM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change with out notice.)
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To: neverevergiveup

How about 0% ?


23 posted on 07/28/2019 3:53:35 AM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change with out notice.)
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To: Mr. Jeeves

We pursue innovation to promote mass indolence and the illusion of dependency for profit. It’s gone beyond logic and sanity.

So let them, don’t buy it. Time for an intervention anyways...


24 posted on 07/28/2019 7:02:57 AM PDT by Openurmind
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To: tbw2

That happens when you send it over there to be made in the first place. How naive can people be?


25 posted on 07/28/2019 7:14:26 AM PDT by GingisK
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To: RoosterRedux
China does innovate. There are many technical devices that are made there that are not made here. Hell, you can't even find decent documentation for devices I use because no American companies neither design or make this stuff.

America is the place where innovation is dying. How can we expect to produce engineers if there aren't jobs for them here?

26 posted on 07/28/2019 7:17:45 AM PDT by GingisK
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To: clearcarbon
Yes, it is such a good idea to provide trench digging and welding jobs to those who studied in STEM fields. The former don't produce innovation, the latter are done elsewhere.

This is a recipe for the obsolescence of the United States.

27 posted on 07/28/2019 7:21:27 AM PDT by GingisK
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To: Bommer
...Have yet to see anything innovative from the Chinese that they didn’t steal from us...

Try to find something like an ESP32 that was made here first. Try to find a Bluetooth Low Energy transceiver on an XBee carrier that was made here first.

Those devices were both made in China. The ICs are made in the USA; however, there seems to be nobody here who will innovate products from them. Crap, people here can't get beyond Arduinos using peripherals that are created in China.

Few people understand how deep the damage to American innovation and engineering goes.

28 posted on 07/28/2019 7:26:39 AM PDT by GingisK
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To: grey_whiskers

Sun was acquired by Oracle in 2010.


29 posted on 07/28/2019 9:00:12 AM PDT by Freeborn
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To: GingisK
Few people understand how deep the damage to American innovation and engineering goes.

That's why I get so annoyed with the "Puff the Magic Tariff" brigades here on FR. Tariffs can work tactically if you have industries left to protect, otherwise they equate to putting expensive doors on an empty barn....while your horses are already grazing in the next county. A massive reduction in the Cost of Liberalism is the most important task to focus on.

30 posted on 07/28/2019 1:45:36 PM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: GingisK

It certainly is.


31 posted on 07/28/2019 1:56:32 PM PDT by GingisK
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To: granada
Xi decided to abandon Deng's movement to pro-market and return to central planning and absolute control by the Party.

You should have known that.

32 posted on 07/28/2019 4:49:18 PM PDT by RoosterRedux
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