Is American Innovation Losing Its Shine?
kenekaplan writes "American ingenuity and innovation, the twin engine of the country's economy since World War II, is in danger of losing steam and job growth potential if federal legislators allow 'automatic' spending cuts to kick in next year rather than earmarking federal funds to advance education, research and manufacturing, according Massachusetts Institute of Technology President Susan Hockfield."
That is the only way to truly innovate and be competitive.
Let's not forget that if you come up with a new idea, you'll almost certainly be sued.
If you really want to make money, you're better off getting into financial arbitrage (like high-frequency trading) then you are innovating or making something of value.
http://www.wired.com/epicenter/2011/11/mobile-farm-robots/
this is not even the first step
blue collar labor in america by and large has no future. The government needs to change the economic model to start developing our children's mind from a young age. and i mean, like making educational material -- like chemistry sets, cheap enough so that it's almost free
started asking rhetorical questions just to start a discussion ?
Nothing is very ingenious about US itself - other than that the brightest come here. Most Americans are basically the 99.9% - the non-innovators. The 1% comes from all over the world.
For the past 50 yrs, US had the money - and the know how to cultivate innovation. Now both of these are well known to a lot of countries - and the US now has less money to spend on Defence & Space (the primary source of innovation).
Time we got used to making $30K for web development jobs, and time the anthropology, english & history majors.. end up flipping burgers.
Ingenuity and innovation thrive in adverse times as people are forced to adapt to changing circumstances. They're stifled when there's scads of money floating around and people aren't forced to make due.
Higher Ed costs have soared due to government subsidies on both sides - grants to schools and grants to students. Why not? It's essentially free money. The net result is costs have gotten out of whack.
Given the large number of unemployed graduates with useless degrees, it's clear higher ed offerings need some pruning.
Right now the US and Canadian economies are not focused on producing anything with the new ideas that come out. The startups get bought out by the existing big companies if they have any hope of success, who immediately commoditize technology and ship it overseas for manufacturing.
If you want to create jobs, do something about the whole concept of outsourcing. The richest nations on the planet will always find it cheaper to outsource and offshore, because they're also the most expensive labour markets. Until the inevitable collapse happens when there isn't the money being earned to pay for the shiny new gadgets.
I do not fail; I succeed at finding out what does not work.
Look, we've spent the last 30 years sending all as many science, technical and engineering jobs overseas that we can and shutting down commercial research labs. Now you're going to argue we're going to lose our science and technology advantage because government is cutting spending? If science and technology suffer in America's future it's because bean counters gave our edge to the rest of the world in exchange for 2% profits and million dollar bonuses.
This is just MIT selfishly bitching about losing funding. If you really care about barriers to education, how about you lower your goddamn tuition, assholes?
The road to tyranny has always been paved with claims of necessity.
No.
Next question?
Want to know why small business is impossible in the US, three simple reasons: Patents, lawsuits, healthcare.
Patents are granted too easily, cover too much, and cover it for far too long. What's worse is that the damages are absolutely insane and companies can literally have your product banned from the entire country simply because you for example used a "menu" to "navigate a complex system" or some nonsense.
Lawsuits are too easy to bring in the US, too costly to defend, and there is no punishments for bringing frivolous suits. For small businesses one or two of these suits no matter how much merit they have can sink the company. So big businesses just sue for nothing and bankrupt small businesses.
Healthcare, too expensive, significantly more expensive for small businesses than big, and it discourages the best employees from working at smaller firms because they literally will have to pay 100% more per year for basic healthcare.
And while I have the soup box let's talk about political corruption allowing monopolies or duopolies to control the market and make it literally impossible via regulation or market manipulation for competitors to form (e.g. Cable, Internet, 3G, Cellular Services, Health Insurance, Health Providers, Drugs Producers, Children Toy Manufacturing, etc).
Innovation needs to be rewarded. How many of you have signed contracts that give *any* invention you create to your employer as a condition of having a job? How may of you have the means to quit to pursue making a business out of your invention? (Hint: You ALL signed one, and you can't if you have a family). And if you did manage to start a business, would you have a legal fund to defend yourself from getting "wallet-whipped" form the inevitable lawsuits?
Patent law, labor law and contract law have all skewed the results of innovation so that corporations profit, while individuals make a few thousand dollars bonus and get a pat on the head from management. This soft corruption is ever so slowly strangling the geese that lay the golden eggs. There are a few Apples and Microsofts and a Facebook. And what would have become of these ideas had Jobs, Gates or Zuckerman been working for IBM at the time they had them?
If I had a million dollar idea tomorrow (and they're not that tough), I can't think of a reason in the world to bother with it while working for a company in the USA. You'd have to be in college, having never worked for a corporation, or offshore in a country that protects you from patent disputes or confiscatory contract provisions.
Please do not read this sig. Thank you.
Much of the innovation that came out of Silicon Valley was spurred by Government - internet, RDMS, electronics, etc ...
But the thing is, all of those Government sponsored innovations had a very specific goal and were to solve a specific problem; nothing as vague as promoting innovation or what have you.
Or to put it bluntly, unless Government has a very specific problem to solve, any money spent will be flushed down a pork filled toilet.
So if they say, "this money is for "innovation"" you can bet your ass that Joe politician will find a way to steer the money to something useless that rewards a buddy of his.
A few points in no particular order:
1. Those automatic cuts are hardly automatic. They'll be repealed if legislators can't come up with a plan. These guys would rather preside over the disintegration of the union than cut their constituents' favorite federal programs.
2. Government does not create innovation. Examples like NASA are always trotted out, but I think if you total those successes with the failures, pork, and corruption, you'll find we could have gotten much more for less. Maybe not NASA and it's indirect benefits specifically, but something else.
3. What has the federal government ever done for education other than turn principals into truancy officers? Don't get me started on tuition cost increases due to the ease of getting federally backed student loans.
4. If you want to increase manufacturing: drop the minimum wage.
"Most Americans are basically the 99.9% - the non-innovators. The 1% comes from all over the world."
Does not compute.
How much more proof is needed for the West to understand that free trade will destroy it in the long term and no amount of "government financing" is going to chnage that. Bring back tariffs or welcome soon in the third world. Keep voting for free traders guys.
J
We've done everything possible to stifle innovation over the past 20 years.
Innovation: Patent trolls, nuclear patent portfolios, submarine patents, generic and inscrutable patents, court district shopping, DMCA, ACTA, losing tech to other countries, H1B visas.
Infrastructure: Rationed internet(data caps), net neutrality, spotty cell coverage, polluted water supply, inscrutable laws, discretionary enforcement, tax complexity, offshoring
Growth: Tax breaks to rich companies (if GE pays no taxes, it's hard to make a competing product), regulatory failure (example: deepwater horizon), tax incentives for companies to move from state-to-state, profligate wasteful spending.
Is it any wonder that American innovation has lost its shine?
... because if we keep spending like drunken sailors, we'll destroy the economy even more, and that's been done before.
The best innovations have always been on a shoe string budget. The simple approaches to a problem often lead to the most innovative solutions. But, instead we throw billions at a problem and hope that some bureaucrat finds some motivated scientist to solve a problem. Just think of all the garage innovations that have come about. (The personal computer?)
The idea that you would pay an american to do what lots of people all over the world can do for a fraction of the cost is ludicrous, and that goes for "research" at universities as well... unless of course you are talking about stealth bombers or nuclear weapons research, which it is illegal to export. Now that they have the Large Hadron Collider in Europe, american research in physics, for example, is on its way to becoming second rate and other than Women's Studies and Business School, American universities have less and less to offer. The american university system is more about generating revenue through student loans than it is about actually producing first rate scholars. The student loan debt bubble, that has lasted for 30 years, is probably ending and with it you will see a dramatic decline in the international prestige of american universities. It was always about the money... and it was the money that attracted the foreign nationals to the united states to teach... and the foreign nationals who moved to america are the only reason american universities were ever all that good.
if your life is such a big joke then why should I care?
Bill Gates was once quoted as saying he doesn't fear other companies; He fears the guy working out of his garage who's busy producing the next big thing. Naturally, legislation has since been passed so Bill and the other billionaires of the tech world can sleep easy knowing he'll never get through the red tape to bring his product to market. There's patent law, copyright law, tort law, contract law, EULAs, and a plethora of other things making damn sure he'll get bought out or buried in debt and legal proceedings.
Has America lost it's luster? Yes. Quite awhile ago. You don't have to spend anything on education or science anymore... it's really quite pointless... nobody can benefit from it in this country anymore.
#fuckbeta #iamslashdot #dicemustdie
Here's why:
Take a look around your house and count the items that were manufactured in the USA. In mine, it's the toilet! Imagine, the toilet bowl. Everything else was manufactured in Mexico, Taiwan, Canada or China.
Now, there will be those who say: "Well, but that stuff was designed in the USA." To them I say, "nonsense."
Being designed in the USA is almost irrelevant if we spend all our cash abroad, servicing our debt. Banks are able to make profits because they 'enslave" us in debts and fees. That's how they make money. With our spending getting out of hand, foreign powers will only have to sit back and live on the interest we as a nation pay them while servicing our debt. It's insane.
That's how American academics dismissed the Japanese in the 70s and guess what, in a few years, you could not find an American (100%) made product.
We were a once proud nation with corporations like Zenith. It was the inventor of subscription TV and the remote control in addition to being one of the first to develop HDTV in USA. Where is it now? History.
Our car brands are non sellers abroad. Talk of GM and Asians will laugh at you. That's where the market is at the moment.
The latest frontier in electronics in the OLED with the AMOLED variation. No American patent is relied on in OLED technology. It's all Korean. How did it start? Yes, factories moved abroad...then the cash followed.
It's bad folks. When it comes to airplanes, an increasing percentage of these are foreign made. The new Boeing 787 Dream-liner has at least 30% foreign components. These will increase and when they get to more than 48% all manufacturing followed by research will be abroad.
I am waiting to see where America still shines. Worst of all, we're broke!
like the post-war innovation - the stuff the British and Germans invented that the Americans happily took on as their own.
It's not much different from Kinect, everyone says how wonderful this Microsoft innovation was, yet they just bought it from Primesense, no innovation whatsoever happened at Microsoft.
Diminishing returns on stolen German WW2 era technology, have to make your own now :(
We have a "leader" bashing the United States 24/7 We have kids brought up in a world surrounded by helicopter parents, giving them everything they want, trying to buy them anything they want. We teach "conflict resolution" and other political correctness crap in schools. We never let kids fall down and get hurt, never let them play around with boxes, tape, scissors to "make stuff". Then if they make it out of high school with the ability to walk and chew gum without falling down, they go to college, get a degree in underwater basketweaving, rack up 200,000 in debt, THEN complain they didn't get a 100k a year job with 2 weeks vacation with no experience, hang out for a month on "wall street" complaining. You want to know why we are losing out in inventing things? We have no one to blame, but ourselves!
Find a way to make Nerds/Geeks Cool.
Being facetious, pay a kid for every A and B he gets in class (and make it go to the kid, like lunch money, not the parents!).
Sure then the jocks will be envious, but ... oh wait, I'm sorry, what was that?
I know, we'll raise a bunch of little tyrants, but wasn't the question on how to make our country really value education?
The other half is we need some kind of Angel Investor to slow down the corruption circle at the top levels. One of the mega billionaires who is fed up with it all, and just buys entire industries and voting blocs. Like the RIAA.
Just imagine - 1,000 top properties get an exemption, so Disney gets to keep their Mouse, the Beatles maybe, etc. But then that thundering second pantheon gets released as Creative Commons - Attribution - Share Alike. ("Just don't claim it is yours").
I hear the voices of 400 lobbyists crying out in anguish!
My first Journal Entry ever, in 8 years! http://slashdot.org/journal/365947/aphelion-scifi-fantasy-horror-poetry-webzine
With the US business greed focused on making the fastest profit possible still in full swing, and this also true in other western countries. I'm not surprised innovation and ingenuity is faltering. Why would industry focused only as far as the next quarters profit see any benefit on long term investment.
For sometime now Companies have massively laid off it's historical knowledge held by what it considers costly western labour and researchers. Add to that the offshoring momentum and it set the stage for a 20 year decline in the skilled research and workforce.
We could make a long list of where all the short sighted decisions that all compile to spell out the US decline
So just a few examples of a long list that has lead to the US and other western countries slow and steady downfall.
a) Attraction of cheap offshore manufacturing jobs as 2nd world nation's labour forces gain education/training. Of note is that significant costs of that were paid for by Western companies as cheaper alternative to western training costs..
b) The rising costs of basic education and there being no desire to spend taxes on it in the west. In some cases a disproportionate shift to who shares in payment.
c) The secondary level education rising costs of a degree/diploma without the job that could pay it back in reasonable time.
d) Bleeding out the existing wealth of the middle class over to the so called 1%,Why destroy the middle class? Long term short sighted?
e) Traditionally in the last 50 years it had become the middle class that supported innovation and ingenuity through support of education as less and less was supported by industry.
f) Companies will follow the wealth. They have no loyalty to any nation or people. It's only to those people that control those companies. Rarely does a Corp have a sense of morality. Only what the laws allow is it's morality and that is not morality at all..
g) Corporate influence in making laws that benefit not the country or it's people, but rather only for its profits. Even if its convenient to the detriment of the country and its people.
etc etc etc. A sad comedy off errors.
"Most Americans are basically the 99.9% - the non-innovators. The 1% comes from all over the world."
Does not compute.
This is innovative foreign percentages; they go up to 100.9%.
It's true in a way, though; America reached the peak of its power because it encouraged the 'best and brightest' from all over the world to move there by providing them with the best environment to bring their ideas to fruition. That's no longer the case, so we shouldn't be surprised that America is in decline now it's become a nation of rent-seekers.
What would we do without rhetorical questions?
General Relativity: Space-time tells matter where to go; Matter tells space-time what shape to be.
We all need to make sure when we say "healthcare", we generally mean healthcare INSURANCE, not actual healthcare.
In my opinion, the big problem with healthcare is healthcare insurance. People tend to go for any procedures that are "covered" by insurance without regard for the actual cost. This puts the insurance companies in the customer role instead of the actual recipient. One can follow the downward spiral for non-insured recipients from there.
Anything is possible given time and money.
System where people in sports don't take up space in classes and don't get a free pass in class as they are on the football team.
Pay the people on the sports teams with the option of useing that to PAY for the NON sports classes or keep that for own use and treat being on the sports team like any other job.
If we had been paying and respecting our teachers we would have good ones.
But we haven't and we don't. So raising their pay has to come second. First is merit pay, reform multiple new teachers unions and abolish tenure for professional teachers. (ed majors, leave it for college profs where they actually should be independent researchers.)
The problem is the teachers we have today aren't even worth what they are making. Paying them lawyer's salaries won't help in the short term.
John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
I love the notion that the success of the US in the post war era was purely a result of American 'ingenuity' - and not, say, the decimation of the most developed competitor nations, and a continents worth of natural resources to exploit.
Sure, some things were invented in the US (far fewer than most Americans believe though) but you can't ignore non-human factors just to give yourselves a pat on the back.
Cry me a river! America's innovation lost its shine, because of outsourcing every single production bit overseas. Most innovation steps are incremental improvements, not radical. Therefore, feedback from the market (customers) and from the production line is absolutely necessary. By outsourcing production to an external contractor, companies will first loose the feedback from production. Once the outsourcing contractors know the products, they will get to know the sales channels, too. In time companies loose their market, their ability to produce products and finally the ability to improve their products. What we see today is the result of a short-sighted service-oriented economic principle. Wake up! Start "doing" things, again.
Taylor Mali, "What Teachers Make"
This work is licensed under a Creative Commons Attribution 3.0 Unported License.
System or some kind of way to have smart people not to get tied down by others going to college just for the piece of paper.
Also there is big parts of innovation and other part of it. Like testing, building out and deploying it.
That can work better then just sitting in a class room.
Now the time in class is to long 4 years of theory for IT work and programing? Lots of crap software comes from people with 4 year CS that is lacking in the hands on part. And other people are real good with no college at all.
Now why can't we have some kind mixed tech school, apprenticeships system? I think big time theory is to high level now some theory is nice.
But whats the point of coming up with good idea based on theory with out the knowing about the hands on side of working with tech to see how stuff goes together?
Well, what did you think the University President types would say?
This reminds me of how newspaper publishers predicted that if they were allowed to go under, the Internet would eventually be full of fluffy, unfiltered press-release type stories masquerading as news.
Wait a minute, I guess that did happen...
. . . it is the execution. If I had a nickel for every idea ever conceived, I could pay off the federal debt, buy China, and still have enough money left to bail out Europe. The problem is implementing the idea. It has always been hard, but the government (a.k.a. we the people) has created an environment where productivity is taxed to a point, then unregulated. For example, if you are smarter and work harder than me, and then you make twice as much money as me, you will pay OVER twice as much tax as me. If you manage to make enough money, you may become wealthy enough not to need to work at all. Then you can hire a tax attorney and a financial analyst to move your money to a place where you pay LESS tax than I pay, maybe no tax. Of course, most hard working, smart, and honest people never reach this level of wealth. The point -- the barriers to implementing good ideas are not just talent and effort. The country has become more of a hindrance. If we just taxed passive income (and not active income), then more ideas would be realized. There would be fewer billionaires, too
This sort of restriction is modern day equivalent of Indentured Labour.
Why should any business have a claim on something that is not related to their business that you have done in your own time.
In other parts of the world this sort of employment contract condition is illegal. So why do they insist on it in the US?
I'm not from the US but worked there for 4 years under my UK Contract. I was offered a permanent position but turned it down due to this clause in my contract.
My current employer is cool with me working on two FOSS projects in my spare time knowing fullwell that they can't claim ownership of any code I write in my own time.
If the US wants to encourage innoovation then they need to let people create stuff in their own time and then to let them take the risks with it. You did once but sadly not now.
With all these MAD Patents lawsuits, don't you see that the rest of the world is laughing at you while they get on with life and business.
Well, not all my comments end up like this
Here is a comment from "NASA Head Ignores Congress, Eyes Cooperation With China" story. (more than a year ago now)
Quote:
Here is the thing: society that loses manufacturing jobs, loses the manufacturing sector, it then pretty much loses the need for engineering, and in reality in most of realities, engineering is what drives progress forward and it even drives the need for scientific advancement forward.
So society that stops making stuff, stops thinking of stuff as well. You can't be thinking without actually producing, even though those who really build/engineer and those who do basic science are different people and working in different institutions.
Lose your manufacturing economy and you'll lose your knowledge economy, or did you think you could have the cake and eat it too?
You can't handle the truth.
Best grades I ever got was when my dad bribed me (so many bucks per grade increase). I didn't see what the point was of getting good grades and I didn't crave the approval of my teachers but I did see the benefit of his offer. I did so well he didn't do it again. In retrospect it seemed like a very cheap bargain for him. It was a way of putting value on something I didn't see the immediate value in (it didn't make me a tyrant). Funny how we defend this system for business people (to a ridiculous degree) but students should never be paid for performance.
On line schools and tech schools have better class times that let's people work and go to school at the same time + as well continuing education That is not just MBA / PHD level stuff as continuing education.
Text books are out dated, have high cost and some times are out of date. E-books / some kind of wikipedia like systems.
Tests just based on creaming need to go! They need to be open book, more hands on, some times group based, and maybe even open Google.
Don't judge people with not best witting in testes or other places when you have people out there that are real good at wiring let that tech guy do the tech part and the witter do the wittering part. That is part of why there are so many essay writing service out there and based on reports about them alot of people doing that are good witters so why should some on fail or get a lower grade just because they are not a good witter.
Filler classes should not count as part of the GPA.
Gen edu's should be cut down for some majors in some ways / also over all there must be some that can be cut down.
Filler classes should be cut down as well.
Feature creep in some colleges has pushed the # of credits / classes needed out to 5 years for what used to be 4 years. We need to cut most 4 years planes down to 3 and some of 5 years stuff to 4. Also have a 1-2.5 year plan for tech apprenticeships / tech schools.
NO forced meal planes and forced living in dorms that cost more then renting on your OWN for a sheared room and bathrooms If you can find room mates renting can save you even more.
At the higher end the PHD system needs work and last thing we want is for even more people to be pushed in to it.
http://www.nature.com/news/2011/110420/full/472261a.html
I'll again support my alma maters and state institutions when they stop the preference for foreign students. I have seen too many of my youthful colleagues being denied admittances in favor of some foreign student quotas. This "diversity movement" denies qualified U.S. students their desired path and loses our education and tech to other countries. A country is defined by its culture, language, and borders.
Buy guns and kill each other. This thing is only going to get worse.
Well obviously as more regions around the world attain better education then innovation will be less centralized in one particular region. America is still the leader in many innovative pursuits however I like to think we have moved on from thinking that ingenuity and innovation has to mean exclusively technology. So yes MIT should be worried, they've dug there grave and now they do not want to lay in it. Ingenuity and innovation does not always have to equal baseless IPO driven software sweat houses or hipster electronics.
We can spend our time and resources tackling more worthy pursuits. But its not a question of whose "winning", its a much more profound and meaningful question that I am sure is lost on many engineers, which is as a country what are our values.
The first gene sequencing technology was enormously expensive to use, and subsequent developments would not have been possible without it. Not every field is abstract like computer science, and this is not some Ayn Rand fantasy -- sometimes a large up-front cost is needed to pay for innovation, and private industry may be reluctant to pay for technologies that might become profitable 20 years down the road.
Palm trees and 8
Sure, let's spend more on education. The hundreds of billions wasted already have been so effective. How about more subsidies for industries that investors will not touch? Best of all, let's arrange to send more unqualified students to college and subsidize it so that tuition rates continue to soar.
That which you subsidize will proliferate. I am not surprised that the Harvard president would advocate this course.Her self interest is exactly the same as any corporation.
That doesn't even make sense. Patents are one, very specific, form of "regulation". And software patents in particular are a very, very, very specific form of "regulation".
Yet you immediately went with the general category of "regulation".
Why?
Certification is NOT the same as patents.
Why are you trying to associate the two different concepts?
First, make that a period rather than a comma.
Second, again, you're trying to associate two different concepts.
Requirements are not patents.
Certifications are not patents.
Regulations (in general) are not patents.
I'd disagree with that. The "regulatory requirements" (in what appears to the case you're describing) are there to check that the systems meet the safety requirements of the FAA.
I'm okay with the FAA having requirements on software/hardware when the risk is something falling out of the sky.
I don't see that.
I do see the Fortune 500 abusing the patent system to create hurdles for the small businesses.
But getting FAA approval ... no, I don't see that as a hurdle from the Fortune 500 put up that needs to be reduced.
Particularly when you confuse regulations, requirements and certifications with patents.
That depends, how shiny is a dry turd?
Remember that game? Surplus energy is critical for supporting innovation within a society, and as some of our energy resources are becoming more expensive to exploit [Peak OIl], surplus energy declines. Apparently per capita energy consumption has declined over the past 40 years, so it seems possible, perhaps likely, that this is having numerous deleterious effects within our society, which are actually symptoms rather than prime causes of our unfortunate situation.
It is a bit late in our game to respond to this old problem (we peaked in our domestic petroleum production back in the 70s), but if we could tap into a vast source of carbon-free energy, we could conceivably synthesize all of the carbon-neutral fuels we require. Now, where is that wonderful machine?
[The game!] http://en.wikipedia.org/wiki/Civilization_(video_game)
[Peak OIl could limit economic growth] http://www.marketoracle.co.uk/Article31330.html
[LFTR] http://energyfromthorium.com/2011/10/04/flibe-uk-4/
Grade inflation is already WAY out of control. I won't comment on parents making that deal with their own children, as I believe parents should be, well, parents. That means they choose how to raise their children. As for a national policy of paying for good grades, it would only take the first round of report cards to come out before the public would start considering it theft to not give their kid an A.
"Is American Innovation Losing Its Shine?"
No, it's just that everything these days is patented, copyrighted, intellectually-protected and DMCA'd with legions of lawyers, patent trolls and marketing leeches, that hardly anybody in their right innovative mind wants to swim in such submarine shark infested waters. If Alexander Graham Bell or Charles Babbage were alive today, they'd both have been eaten by preemptive litigation and opportunistic legislation long before they'd have had a chance to innovate. In fact, about the only person I can think of who might have been stood a chance, even today, would be Nikola Tesla, as nobody could be really certain as to whether or not he was able to retaliate with long-distance death-ray beams...
Find a way to make Nerds/Geeks Cool.
Federally fund free sex for Nerds/Geeks.
Having to work for a living is the root of all evil.
I do think the whole of the west now feels the hot breath of Chinese economic power in our necks. German companies often have highest-quality and maximum-sophistication products in their respective sectors (tool machines, cars, engineering), but wages have been more or less flat over the last ten years here.
It is time to accept that the Chinese have stopped to be stupid Maoists; it is time to accept that their financial and industrial policy is highly successful. They have found a way to finance essentially free-enterprise corporations and let them run quite freely. The West does not have a monopoly on free enterprise economics and the resulting resource consumption. Let's accept this fact and prepare ourselves for the coming austerity. Let's prepare ourselves to ride a bus instead of a 2-ton SUV. Say goodbye to resource-hungry holiday travel.
1300 million hard-working Chinese will share the global oil, gas, nickel, chrome, wheat, rice, maize production with 400 million Europeans, and 350 million Americans. Time to accept living less resource-wasting lives !
eh?
The critical mass need for that type of change are too busy watching TV and getting fat.
Whatever idea + luck that got the Romans to rise up and dominate all around them eventually went away, and with it the Romans.
Same is happening with the US, and something will replace the US and then the US replacement will go away too.
The bast you can do is the selfish act of figure-out where the "new happing place" is going to be and be there when it err .. happens. "catch the wave"
Tis sad really. :-(
Of course it has lots its edge. Instead of innovating in areas such as engineering (be it mechanical, chemical or even civil), we are counting software things such as "social networking", "Web 2.0", Farmville-type stuff and other regurgitated crap as "innovation". Companies setting up a website are being valuated at billions of dollars.
Wake me up when someone gets to solve a real problem.
"Do something about outsourcing."
Like what? Arrest people for outsourcing? Arrest people for buying non-American manufactured items? Arrest people for importing items? Tax or fine these people (because arresting people is too expensive, and sort-of a buzz kill)?
My suggestions are the same as the last time ths came up:
- Remove artificial government-imposed burdens and costs from producers.
- Radically reform education.
- Stop giving companies a huge tax incentive to invest outside the US.
- Stop giving productive individuals a huge incentive to retire or otherwise not work.
- Remove artificial government-imposed costs on individuals so we can get by on a salary that's a little more competitive with the non-US guy who does a similar job.
Note how no one gets arrested or taxed or fined in my suggestions.
Counter arguments were:
- No! Some company might make a profit
- No! Someone with money might make more money!
- No! Artificial costs are sweet when you're the one getting paid.
- No! That's a red team answer. Go blue team! Status quo! Status quo!
- No! Someone once said that a similar idea might not work.
- No! Spending one dollar less anywhere in government will be the end of civilization.
- No! We owe it to the plants and trees and birds and insects to maintain the status quo or retreat even further.
- No! Let's change the subject to defense spending or waterboarding or whatever. Those things are bad.
So that's why we won't be doing "something".
Practically all 'American' inventions were either copied from Europe, or pushed out by European immigrants who found they could make a lot more money over in the US.
The Americans have developed 'innovative' business practices, but all the stories of 'firsts' are American myth. For instance, most Americans think that the Wright Brothers were the first people to invent the aeroplane, that Edison invented the first light bulb, that Lindbergh was the first to fly across the Atlantic and that America invented the car....
The problem here as I see it is that the US did the Ben Franklin trade. They exchanged freedom for perceived security. This didn't just happen with actual security (such as the TSA mess) or social security (such as the vast amounts spent on social entitlements). It also happened with the way the US used to do business and research and development.
We're seeing the use of regulation to attempt to protect businesses from competition and labor from economic downturns. Many attempts have been made to inflate the value of certain assets such as residences. But I have a special rant for the way R&D is done today in the US (and pretty much, the rest of the developed world).
Prior to the Second World War, most scientific research was privately funded in the US. Now it's mostly funded by government. While lots of money is being spent, we're seeing a lack of a crucial form of research, namely, research paid for by the parties interested in the research. We still have Google, for example, but most of the great business research labs have died or dwindled greatly.
Researchers and businesses have become dependent on government funds. This is revealed in the spectacle of the MIT president whining about the lost of US innovation while simultaneously, begging for more public funds to continue the destructive cycle.
Finally, I'm sure that somewhere in this discussion we shall see someone invoke "basic research" in an attempt, deliberate or not, to conflate indiscriminate squandering of public funds with research on basic or fundamental scientific endeavors. A brief perusal of the history of science shows that most basic research had concrete, near future application.
The invention of the telescope gave a trade advantage to the Italian merchant who could identify incoming ships sooner than the competition. The discovery of the laws of gravity allowed one to begin to calculate the trajectory of cannon balls (along with the concurrent invention of calculus). Exploration into the phenomena of electricity and magnetism led to the invention of lightning rods and a better understanding of how the magnetic compass worked (and didn't work!). Number theory would have application to cryptology, and to probability and combinatorics. Probability, combinatorics, and statistics would have application to making profitable gambling games.
The point is that it is rare to find research in the past that didn't have near future application. So when people advocate such today, they are doing so contrary to thousands of years of human history. As I see it, the chief effect is to introduce an intangible benefit that can't be questioned rationally. Spending a few billion on a fancy particle collider without near future application is ok because there will be some nebulous future gain which we can handwave to, which will justify the expenditure.
My experience however is that when private sources actually do research, they do so for vastly less cost than publicly funded sources. For example, a couple weeks back, I helped launch an airship to 95k feet. That beats the old world record by about 30k feet. And it was done for almost three orders of magnitude less cost than the previous attempt, which was publicly funded (the cost of the effort was $30k plus the time of about a dozen volunteers while the previous effort was, so I gather, almost $200 million including launch costs and construction of the vehicle).
Somehow, that doesn't sound like an improvement to me.
"Yeah, we got rid of some regulations and some planes crashed but that's okay because those airlines went out of businesses and the executives got jobs with other airlines."
Strange. Because wouldn't the existing airlines be happy to buy the new company and then use the "new, cheaper, more innovative" tech to undercut their competitors?
If you can do the work cheaper, you can charge slightly less than your competition and still make a bigger profit.
Isn't that one of the tenets of Capitalism?
What American innovation?
Has it ever existed?
What gave it away?
The remakes of remakes of remakes?
Explanation for a foreigner who doesn't get it? (There might be an up-mod in it for you, unless your being a racist or something, and if you are, I'm sure someone has haxxored the account. I know your history. Your a good person.
In every area funded by the federal government, small groups of researchers seize control of the funding apparatus and enforce their own variety of intellectual monoculture.
High energy physics is still wasting $Bs on fusion, cold fusion doesn't get money. Every one of you who has had anything to do with research has your own list.
It is impossible to look at the institutions built by the best and the brightest and still think that any of them have a clue : The FDA kills 1000s of times more people than its rules save, and nobody even seems to notice. The Fed greatly exacerbates the business cycle and thus moves wealth from the 99% to the 1%, it took 40 years for anyone to notice. The 'Department of Defense' enables continuous war, loves it, that is still real popular. The CIA finds new enemies under every rock, creates even more by killing those supposed enemies, their wives and children and everyone raves about how wonderful drones are, how they have transformed power, ...
So, it is a very good thing to get all government out of research, the combination of less money and more freedom will produce 100s of new areas of research.
It is not the end of the world, look at how many Nobel Prizes IBM Zurich has won.
Didn't that already happen when DARPA funded the Internet?
blog
"Text books are out dated, have high cost and some times are out of date. "
Yours certainly were.
American innovation still exists. The jobs created, however, now mostly go to the lowest bidding country and not to the neighbors of the innovators.
...that one of the reasons why, in the long run, USA will lose out to countries such as Sweden, Germany etc. is the high tuition costs for universities/colleges. In the nordic country where I live, education (including university) is free for all - we have high taxes for high earners ("tax the rich") which pays for a lot of things, inlcuding universal university education. These countries are picking up, little by little, from the US. The US is lucky to have many graduate students and postdocs flocking to their universities, but that's not a sustainable model for having highly competitive research - these people will start going back home, as their countries' economies improve (China and India in particular). The US will find itself depleted of scientists, because the high tuition fees guarantee that only the rich can afford the university degree, and those are fewer than you'd want. And if they're not coming from a rich family, they'll have to work through their studies, slowing them down considerably, and having and adverse effect on their academic achievements. Einstein didn't have to worry about working in a cafeteria 30 hrs/week to pay for his tuition.
"The agriculture ministry is not in charge of Gundam" - Japanese ministry official.
This comes at no surprise. From the turn of the 20th century going forward, American innovation and ingenuity drove large parts of our economy. Now, companies seem to be more about cutting corners (off) than investing in new technologies. Either that, or they use something similar to that used by Hollywood and Video Game companies - why create something new when you can desiccate an already existing franchise?
The Americans obtained half of the tech by strangle holding Britain while it funded the nazi's to an extra ordinary degree and obtained the other half by protecting nazi war criminals in exchange for tech. NASA would in any ethical world be covered in more shame then a swiss banker.
And if this upsets you, then you are doomed to keep wondering what the fact happened to the USA. You can only learn from history if you acknowledge the true history not some nursemaid fantasy designed to keep everyone happy.
The real history of the USA post WW2 is that due to all kind of less then ethical behavior the USA got their hands on far more tech and scientist then anyone else AND did rather poorly with it. Compare after all what the soviets achieved through simply killing of nazi scientists or improsing them with a bit of torture. They never had von Braun the killer of many American prisoner of wars among his many war crimes AND were the first in space. And the soviets had a huge war to recover from and had started far further back on the tech scale.
For that matter, Japan recovered far better, bombed out it was soon AHEAD of the USA in almost all fields. Cuba, sanctioned to hell and back, has better health care then the US for all this time.
What exactly did America once have that it is now supposed to have lost? From many posts on this subject I get the feeling some people claim the US went from fictional history to fictional presence from what we can determine a fictional future. Right, that is about useful as asking who would win in a fictional figure fight. An American thing if I am not mistaken.
If you still want my personal opinion? Then here it is, it is a bit more complex then most made up theories.
The USA profited from a post WW2 world in which all other countries had massive rebuilding effort while its own rebuilding has started ahead of the curve for the POST WW2 world. In the same way that the US had been way behind the curve for WW2 itself. When it started US military tech and civilian production capacity was hopelessly behind. But people US citizens forget that the MEANS to this build up were un-american. There was a LOT of government control over private industry. Not the same as in planned economies like the soviet union but far more then fits in the idea of the USA and far more then is now available in the USA. The only comparison is really the tiger economies. Japan, Korea, China. (and a few other asian nations I am to lazy to mention)
When the war ended, the US had a lot of power in the world and virtually nobody to oppose them. The south Americans were to backwards, so was China. Europe didn't need any more conflict and the soviets had more land then they ever would know what to do with. And its factories were booming who had conveniently switched ahead of the actual end of the war from war production to civilian production. A lot of the brightest people had either escaped the horrors of the nazi regime to the US or were being sheltered by the US from being prosecuted for the same horrors. The US was in a perfect position to make an economic boom and it did.
And yet, did it? How much of our knowledge of that era is movies and chosen images versus reality? To show how much movies lied, women of that post war era are often shown as helpless needing the hand of a man to guide them and do technical stuff. Really? Were these the same women that had been building bombers and putting war ships together? Did Rosie the Riveter unlearn all her skills in a flash once the boys came back home? Yes, many returned to their kitchens but the skills would have remained. So, you have a husband with no more tech skills then cocking a rifle and a woman who knows the ins and outs of a high performance engine, who would YOU let do the plumbing?
How much this of economic revival of the US and its position at the top was simply because that was what everyone reported and everybody refused to look at what was happening in the rest of the world. Easy to say you are number one when y
MMO Quests are like orgasms:
You may solo them, I prefer them in a group.
I think if they spent less on government, then lowered taxes we would have a lot more chances for innovation.
The automatic cuts amount to 109 billion in a budget of 3.4 trillion dollars. Half that money is coming out of defense with another 11 billion from Medicare. Seriously?
"pay a kid for every A and B he gets in class" No, not this. Don't pay for results, pay for the behaviour that brings the results.
I recall a study a few year back where schools in several areas did pay students for achievements. One school paid 3rd graders money if they got A's and B's on their tests. Another school paid their 1st graders for every book that they read. The result: The 3rd graders showed no improvement in their scores, but the 1st graders did. Why? Because the 3rd graders didn't know how to get the A's and B's. However, the 1st graders had their education improved by reading the extra books, so they got better grades.
So the key is to reward the behavior that leads to success, not merely the success itself.
I welcome our new 99% overlords.
Agreed, our parent/copyright system is jacked. We're sending away foreign nationals that we educated. The ability to make a small business work is still tricky, as getting decent insurance is a mess. Banks aren't really good to small business either, CC machines are a horribly unfair system to a merchant. While corruption isn't rampant, it is not an oddity. Narcotics prohibition cause all sorts of down stream effects. Many people are still waiting for the economic bubble to pop, or finish popping.
A good chunk of what America has been providing to the world is banking -- our economic instability has damaged our reputation. We need to build longer term stability with less turbulence. We need a revamp of patent law/intellectual property law. We need an enforceable framework for digital property.
I look around and see a bunch of people with well considered ideas for products, Even ones that would be reasonable to implement are hosed by a cranky system.
Somebody playing a stupid prank.
You are welcome on my lawn.
Indeed, governments have to be implemented by fallible humans.
Thus, the system of government must be constructed to withstand individual dishonesty. That means lots of oversight, checks and balances and minimum power exerted by individuals. Otherwise the government escapes control of the system design.
Sounds like a requirement of minimum government to me.
Ultimately, an economy does one thing; it converts natural resources into output. Services can redistribute this output, and perhaps this redistribution can increase the total output - but the game is still, ultimately, a big complex heat engine.
If you invent a better widget machine, you can get more output for your input. But you are still limited by a) the amount of input available, which is diminishing and b) physical limits for how much output can be got per unit input, which assuming you pick the innovations with the best returns first, also diminishes.
Maybe if the US were not so thoroughly entranced by the myth of the self-made entrepreneur (for a modern technological society, pretty much a contradiction in terms. Nothing worth money is entirely 100% new) then you guys - and the rest of western civilisation - might be able to address the structural problems that have become clear to everyone since 2008
If we can put a man on the moon, why can't we shoot people for Apollo-related non-sequiturs?
Wrong. Travel to China, and you'll be amazed at the number of Chevy (esp Cruze), Buick (esp Lacross), and Cadillac models. It's hardly a non-seller.
This article is such comprehensive bull; mostly it's Intel whining about not Recieving handouts. Why the heck is slashdot mudracking this kind of kludge?
What we need is:
A: Abolish the department of Education, the states can decide for themselves which way they want to go. We've been dumbed down by an education system that takes the brightest students and forces them to learn at the same pace as everyone else for the sake of political correctness and fairness. This needs to stop, NOW!
B: Make education cost little; Allow kids with school loans to declare bankruptcy and get finance out of it. That immediately stops people from taking out 40k of loans and going into art and flipping burgers for the rest of their lives, and stops the college educators taking a f-ing COMMISSION on selling kids on college. It's a scam a middle class family can't send a child to school on what the TWO COMBINED PARENTS make. People are often FORCED between going into debt to go to school, or staying poor; what kind of society are we running when education isn't low-cost?
C: Get the garbage out of the patent and copyright system. We have no public domain today and, here's the kicker guys, the reason piracy is so pervasive? There's NO REASON for the public to participate in a system which DOES NOT enrich the public domain. We're going to be paying royalties to the Beatles' great grandkids because someone thinks their tune kinda sorta sounded like another at the rate we're going. Patents need a shorter lifespan to force companies to take more risk with technology.
Most of all, we need a government that isn't going to loot the public and is looking at bankruptcy and leaving millions of senior citizens without something to show for a lifetime of paying taxes.
More dough for edukation? Gee that's worked all so well the past 40 years. How deep is that pit now? Yeah lets just take some more money out of the taxpayer pocket - going to do wonders for property values when property taxes go up even more.. isn't 60% of the take enough?
Same goes for research. There are so many pigs at the trough because it is so heavily sponsored/subsidized by the government. Why are the feds subsidizing cosmologists? Is something practical actually going to come of it? Will the people get a return on their investment? Cut it. Completely. That is a perfect example of research which should be funded purely philanthropically .
Manufacturing? WTF? It is up to business to decide where and how to make their products. If that is China or Mexico or where ever else, so be it. If the products are sold in the US market that means consumers are paying less.
Not quite, but yes that is already here in the form of SIPs. Glue OSB to either side of rigid foam, cnc out the window and door openings and you're pretty much done. You still need a few people to put the erector set together, and plumbers and electricians.
of complete failure.
The rulers base their rule on ideology. Schism always defeats ideology, even if reality doesn't act so quickly.
we need income based loans payback system so people can go to higher ed and if they end up working at lower wage job they are not stuck with the high bill and lot's of interest.
The fees and complexities to file a patent are beyond reach for nearly all of society, except the businesses and people who can afford the cost. Access to the patent system should be free. After all, patents are supposed to benefit society--so why should patents have any fee at all to obtain. The entire patent system would obviously fold if this were the case. So tell me how government sponsored monopolies granted to patent trolls and monopoly organizations somehow advances society and the arts? The patent system is totally abused and convoluted and should be eliminated completely.
The whole patent system, as it is currently, looks like a government propped racketeering system designed to enrich the wealthy at cost to the common folk. The costs in dealing with it bring us down as a society. It does nothing more than stifle competition, breed corruption, and higher prices of goods and services. It is a game of the wealthy, waged with great success, against the common man. Monopolization of ideas--pathetic and sad. Why should anyone be the servant to another's idea?
Whoop de fucking do. Timmy got all A's and B's. That won't make him an inventor, it will make him think that memorization and regurgitation is relevant. You can't measure and reward genius. That's what capitalism is for. We need to give kids more freedom and quit treating them like enslaved peons.
I have an idea that could improve the quality of all mankind!!!
Oh wait, they're cutting back federal funds....forget it, I give up. Innovation only comes from government resources.
I'm going to apply for a job at McDonalds now. That "tele-porter" thing was probably a lousy idea anyway.
Do you even know what a rhetorical question is?
What do you think?
My other car is a 1984 Nark Avenger.
This article is total bullshit. If anything, innovation is hampered by government. I am not surprised a professor from MIT, a school that gets federal dollars to research and design core technology to make and enhance weapons, is worried about his financing (and his job) disappearing.
This is ridiculous. You're bigoted against "sports" of all things.
I guess we need a Coexist! bumper sticker with a protractor for the C and a football for the O.
Not true. The camera hardware was made by PrimeSense, but the software that interprets the depth was made by MSR.
If innovation in the US depends on the Federal Government, we're hosed.
News at 6
That's because you're assuming that kids don't get better grades because no one taught them how to learn / study. For many, they have all the necessary tools - they just simply don't care to put out the effort and take the time to do the homework / study.
"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." ~Thomas Jefferson
What 'American' ingenuity and innovation?
I was always under the impression that the US acquired innovation and ingenuity by buying bright people from overseas.
That's a one way flow by the way, I've worked in a few countries and I've yet to meet bright American innovators...
One thing that stuck out in my mind is that culturally the teaching profession is held in the highest esteem there. Here in America teaching has become a job of last resort where only the desperate or truely dedicated put up with the abuse and meager wages.
I disagree. What about retail sales, a warehouse worker, a trash collector, a bus driver, cable installation technician, and many more? An elementary school teacher makes more money, and has higher social prestige than the prior mentioned jobs.
Besides, the average elementary school child knows far less than the average adult, the material itself is easier, and is limited in the amount of knowledge he/she can absorb. It seems more economically efficient to stick the good and expensive teachers for the oldest, and most advanced pupils. There are diminishing returns for putting better and more expensive teachers in front of average students. I would argue that good community college teachers are more important than elementary school teachers, and should get paid more. The highest (University professors) should get paid a lot (~$70K) and be quite competitive (which they are). This is part of the reason University education is expensive.
"Most Americans are basically the 99.9% - the non-innovators. The 1% comes from all over the world."
Does not compute.
Congratulations! You're the 0.01%!
Seriously, the big Federal spending issues are Social Security, Medicare/Medicaid, and military. Military includes all those wars. I argue this country would have been much better off if it had kept a Clinton era sized military, and throw a few tens of billion at the CIA to fight al qaeda. America would not be in the Federal debt crisis that it is in right now, and not have to make financial choices. Iraq was hugely debated, but this country held the course.
Time we got used to making $30K for web development jobs, and time the anthropology, english & history majors.. end up flipping burgers.
What's wrong with that? As long as the government stops propping up the value of bank assets to save them at the expense of every other part of our economy, it wouldn't be a problem. A massive deleveraging event that unwinds over a decade would be just fine.
Let me make a few points about life. No one has exclusivity on intelligence or ingenuity, or creativity. The USA has exclusivity of stupid patents due to stupid patent laws. That and greed chokes all creativity.
If you ship the manufacturing offshore, as you have, then based on the standard of living of that poorer country, their worker's students will become the future engineers, and who needs the USA. You shipped the jobs offshore, you shipped the earning power off shore and you shipped relatively low cost superb education there too.
Your university fees have become so high that you cannot afford to have open doors for the masses of potential intelligent engineers or entrepreneurs from which innovation arises.
So yes, the best is yet to come. Will it arise offshore, or in your own back yard. Take a guess.
Leslie Satenstein Montreal Quebec Canada
it is the nature of capital.
I would like to blame education, which is about the government.
Blaming government is always right.
Too true. Back when IBM was king, or AT&T, lots of genuine new inventions can from their labs.
Now we have Apple and Microsoft, who seem to invent very little, just buying up some real innovations (e.g. Siri) so nobody else can share them.
With all their billions, has Apple or Microsoft ever invented anything interesting - like a new display or input technology?
Has either made real contributions to the science of filesystems or networking protocols?
Simple answer = Yes!
A much simpler explanation exists. 3rd graders can get easy money out of 1st graders. However 1st graders can't get money from anyone else, so the easiest way for them to get money is by studying.
Of course we're falling behind.
As long as companies such as Oracle, Microsoft, and Apple (to name a few big wig tech companies) are continually allowed to throw their weight around in ridiculous non-deserving patent lawsuits, of course our innovation will only continue to dwindle. It's no surprise we're suffering, and we shall continue to do so until the people in power begin to add 2+2 and get 4. So far, they're far from that target.
An academic, whose instituution survives on government handouts, declares that the sky will fall if that institution, and others like, don't have tax dollars dumped into them. Self-serving whore.
Money doesn't work as an incentive for cognitively taxing tasks, it only works for mindless tasks. http://www.ted.com/talks/dan_pink_on_motivation.html
"The space elevator will be built about 50 years after everyone stops laughing." - Arthur C. Clarke ~1980
Of course the best and brightest must come elsewhere, because they are WILLING TO WORK FOR LESS!
Tyranny is dominant and liberty is recessive.
Innovation in America is very much alive, but it's not well.
As soon as somebody comes up with an invention, any rival (usually a corporation) will initiate a legal action claiming it's their creation, or it infringes on their rights. As a result, people do not put as much effort into it, or intentionally withold it from markets.
This is what happens when ellected officials do not do their jobs correctly.
No shit we've lost innovation, just look at the state of our current system.
- You get pushed through a school system that was designed over 50 years ago, designed to train factory workers and store clerks. You are taught during this time that there is always a correct answer, and that every other answer is wrong. Furthermore your taught to look for that answer in existing knowledge bases (books, computers, etc), that if it's not in the books it's either wrong or irrelevant. Very few things in the public education system encourage students to find the answer themselves, even science classes are by-the-book with experimentation discouraged due to superstitious bullshit.
- You then enter menial jobs. If you point out something that's wrong, or worse yet point it out multiple times, your risking losing your job so that your employer can save face. If you try to do things that aren't on the checklist of your job duties, your facing a few situations: don't fix what isn't broken, your overstepping your boundaries, your misusing company resources. If a coworker is not performing their job adequately and you say something, you risk defamation charges.
- You might make it into a college/university, which cost more money than you'll make in a year after acquiring your degree unless you have some amazing foresight into what will be a hot field when you finish.
- If you do somehow manage to get through all that, land a good job that can develop into a career, and innovate. Your then forced to prove to the world a million times over that you came up with the idea yourself and did not "steal" it from someone else. Don't even dream of trying to improve upon an existing idea/product, you'll be sued out of house and home before you know what hit ya, or worse find yourself in prison.
Seriously the whole thing sends chills down my spine. I've been working forever on developing software that upon release (which is rapidly approaching) will definitely attract the attention of some big corporations that'll want to sink their competition. I am downright terrified of that day, and I shouldn't be, I should be happy. It's a cold fact, that if you make anything, people will come clawing at you from every direction trying to get a piece of your pie. The only thing I can take solace in is my meticulous logs I keep, maybe they'll save my ass, but I have my doubts about that.
I disagree.
The construction industry builds, among other things, the places people live and work. People, for all sorts of sentimental and illogical reasons, like to be in spaces that feel handmade. As a result, the construction industry (in all phases, but especially in residential homes) is one of the most conservative around. It's been possible to manufacture houses remotely and install on site for a long time. It's done on a reasonable scale in some places. But still, the majority of housing is what is called in the U.S. "stick-built". It's pieces of wood, hammered together.
I'd love to live in a super-insulated plastic house with a roof and exterior finish that will last forever without maintenance and can be built for half the price of stick-built, sort of a "500 square foot Japanese pod hotel concept" house. Such a thing is technologically possible. But you can't buy one. No one offers it because no one except us weird tech geeks would ever want to live in one, no matter how practical it is.
That's why, when the subject of what to do for a living comes up, I usually say to young folks "Find something that can't be outsourced that everyone needs. Housing needs are universal so carpenter, plumber, electrician are good choices. Alternatively, if you want a job that's different, find a position that exclusively provides services to rich people since it seems we'll never run out of those. Yacht crewman looks pretty good these days."
tl;dr - Construction is a conservative (nearly hidebound) business and while technology may disrupt it, the basic trades like electrician and plumber will remain a good way to make a living for at least another generation, probably longer.
Does that explain why CEOs make so much money?
is blunted by fat and lazy
Is that a lot of it comes from having the engineer on the factory floor talking to the machinist/whatever.
If you don't know where the manufacturing difficulties are, then you can't redesign it, and produce the next generation that is lighter/faster/cheaper/whatever.
Sitting in an ivory tower playing with CAD/simulations only gets you so far. Eventually you have to actually build it, its then that you discover that you design cannot be built, or it fails in some catastrophic manner. This happens far more than anyone is willing to admit.
The same is true of software, this year you teach a bunch of people how to create your product. Next year, they build their own without you. Now instead of those jobs being the next town over, they are in some foreign country where the cost of living is 1/1000th and you simply cannot compete.
Globalization is great, if your china/india/etc and have a surplus of labor. For everyone else, other than those that can exploit the foreign workers it sucks.
What we need is invention, not innovation.
Invention is the only thing that brings totally new products and processes into being. All innovation can do is tweak what is already there.
The problem?
Invention is risky, expensive and slow to pay off--truly new things require educating the market.
Innovation is quick, cheap and pays off quickly--changes tap a ready market.
But no amount of innovation will take humans from walking>riding>wheeled vehicles>aircraft>spacecraft.
Innovation fits with the 3-4 quarter future view of most modern companies.
Invention may require years of work with a high risk that no profit will ensue.
The recent change from "first invented" to "first filed" for patents injures this process severely.
But the trend of allowing patents for things already existing (several software patents issued in the past 20 years are for techniques widely used long before that time;) and the longer-standing practice of permitting patents for techniques and devices which cannot be built by experts in the field based solely upon general knowledge and the patent document; have severely crippled our productivity.
A patent is a short-term monopoly awarded in exchange for making public the details of your new process or device--so that others may duplicate and advance from your work. If you cannot replicate something from the patent filing, then it should not be awarded a patent.
Patents are too easily 'stolen' by deep pockets.
This is because patent infringement is handled as a civil rather than criminal matter, and thus those claiming infringement must prove the guilt of the infringer--at their own expense.
Patent infringement should be prosecuted as a criminal matter in Federal Court, at the initial expense of the government with costs and damages awarded to both the government and the wronged person.
This makes it much harder for a 'deep pocket' entity to financially overcome a complainant (which is a usual method of patent 'theft.' Sales of patent rights unde financial duress caused by the purchaser needs to be processed as the crime it is--extortion.
Overall, our economic problems are closely related to the fact that neither government nor industry reports meaningful statistics, but instead tweaks the definitions of various measures in order to make things appear to be fine when they are not.
Example: comparing this quarter's economic growth percentage to last quarter's growth makes it appear the you are growing even if you lost considerable growth in the quarters prior to last quarter. A huge loss in 2 quarters, followed by decent growth stats for several following quarters can leave you far below the point before the initial huge drop.
Example: Consumer Price Index measures items which are no longer typical or indicative of current consumer purchases--understating the number of poor by a considerable amount.
Example: The make-up of the stock indexes Dow Jones & such, now changes often enough that numbers comparing current and previous years are meaningless.
Example: When politicians say no increase in taxes, they actually mean that there will be no increase in the rate of taxation--a very different meaning from the common use of the words. (Government redefines words regularly with definitions so different than standard usage as to be unrelated. My city has defined 'lawn' as "space between buildings and property lines which contain growing plants." The common definition is "mowed turf surrounding buildings."
Example: Placing presidential candidates names rather than the names of the candidates for the Electoral College misleads people into thinking that they are voting for a presidential candidate which is untrue.
Example: "Conspiracy theory" has been defined in for the public as "nutty, off-the-wall,and untenable." In fact, conspiracies (more than one entity planning illegal acts,) is common--it's just not called "conspiracy" if it is the "official" explanation for an event. Enron was a conspiracy. The "official" and all other explanations for 9/11 are conspiracy theories.
There are thousands of other examples.
I'd say it's quite rusty at this point. It could use a good soaking in a bucket of Coca-Cola.
You are so boring that when I see you my feet go to sleep.
A simple, yet poorly understood, fact is that saving (incl government surpluses or at least the absence of deficits) produces conditions favorable to technology. Japan 30 years ago and China now were/are terrific savers, which kept/keeps their currency cheaper and manufacturing in the country. Reducing government deficits is good for manufacturing, and local manufacturing supports innovation. Recent book "Endgame" discusses context for this.
Name the tech giants. Siemens, Samsung, Sony, Toyota etc etc. Where do you think these companies came from? Where was the CD invented? TU-Delft Holland and Tokyo japan. You are right, there is no direct equivelant of Silicon valley. That is like saying that because no mountain ranges are the same as the alps the US doesn't have mountains.
Read tech news a bit more carefully, most of them have nothing to do with Silicon Valley anymore then the best movies got much to do with Hollywood.
But hey kid, keep dreaming the dream and everything will be alright... oh remind me again, how much of iPad tech is actually from the US? Produced in the US? So, you got a nerd producing the next big thing that never happens. Meanwhile the real world is going on elsewhere.
MMO Quests are like orgasms:
You may solo them, I prefer them in a group.
I agree.
On your point "B":
MIT charges about $40,000 per year. Lets say that is 30 weeks of instruction, 16 hours per week. After deducting the 62% of students receiving $22,611 average aid, call it $17,400 receipts/student/yr. That is over $36 per classroom hour per student, (a penny a second) even before the gouging on dorm rooms. (~$900/month for $300 worth of space)
A big lecture class has about 300 students, so that is about $11,000 per classroom hour, 4 hours a week, 15 weeks a semester = $650,000. Lets say there are 30 TAs, each making $25,000/yr for 4 classes per year, or $6,250 for the class, and round the total TA expenses up to $200k. Let's add $50K for the professor(s). (Probably a gross overestimate - they teach more than 2 classes a year for around $100K.) The amphitheater and maintenance are paid from the endowment, the labs are paid for from the endowment and the equipment from the high added fees for lab courses, so that is a profit of over $400,000 for just one class. Even doubling the costs means $150,000 profit from one single class. Even an intimate seminar with just 8 students gives a likely profit of about $150/hr, even after expenses of $50,000/lecturer/yr/(24 credit hours) = ~$140/hr expenses. Classroom expenses shouldn't reduce the expense more than $10-$20 hr - and even that is generous, considering the actual out of pocket is just maintenance, electricity and heat - the land was given, the buildings were built with donations, and are fully depreciated and have no mortgages.
MIT is making money hand over fist. How they are laundering their obscene, exploitative profits and making it look like they are the non-profit they claim to be is a good question. The first thing to look at is administration and padded overhead.
"Is life so dear, or peace so sweet, as to be purchased at the price of chains and slavery?" - Patrick Henry
De-fund schools so that parents, who have a hard enough time making ends meet with two incomes, have no options for educating their kids?
Great move.
We're getting our butts kicked by cheap labor countries whose kids are coming up as educated or better, in Government-funded schools. Imagine how badly we'll get beat when there's no schools for most of our kids... except for the wealthy 1% who can afford private school.
--- Grow a pair, liberals... stop letting the Republicans bully you!