Mobile developments to look
Mobile developments to look
in , ,

will the United States Lose its Leadership in Tech?

 

will the United States, Decades after World War Two. The United States almost doubled federal investment in scientific research and technological development. And it tells a story of a literal shot here in 1937, the Soviet Union launched into space. The first man-made satellite has marked the start of the space race between the US and Soviet ushering in the space age sky and money metal sphere placed by Russian rocket science, technology, and military development hyperdrive. A year later, the NASA Space Agency was established by Congress. President Eisenhower founded ARPA the same year. Advanced Research Projects Agency to develop military space technology. Today we know that DARPA funding flows easily often to university into all aspects of R and D And in 1969, it paid off. That year, with those watching the Apollo 11 space mission landed the first human nonmoon beating the Soviets to the blue was the goal, to be sure. But the ingenuity and discovery fostered during this period, helps us achieve economic and military superiority funding innovation that is the foundation of our modern lives. Take your smartphone. What would it be like without innovations like touchscreens GPS and the internet? These were all technologies supported by our taxpayer dollars. Case in point, remember that obscure agency called our bucks. Neil Armstrong set foot on the moon the same year. Researchers ARPA connected a network of four computers. They called it ARPANET. Today in the 21st century, we call it the internet. Yet, federal investment dropped from its peak of almost 2% to just point 7% of GDP. At the same time, private industry investment in grew dramatically, eventually reaching a level, twice that of public funding. In fact, as a percentage of GDP, the United States is one of the lowest levels of public funding for World War Two.

 

will the United States Lose its Leadership in Tech?
will the United States Lose its Leadership in Tech?

RND Technology

Now, you might look at these numbers and say, so what companies are making investments instead of hard-working taxpayers. And while you’re right. It does pose a problem, companies investing in new technology is a good thing, but they need to have public RND funding is different than private, public funds could go into the early-stage longer term, and often riskier and different projects that may not pay off anytime soon, but could be the next shot. This adds up to another big problem. When we look at the international competition, especially the rise of China. Over the past two decades. China has increased its RND spending more than tenfold spending has remained constant in the same time. Which is worse. By 2029, China is expected to surpass the US in overall investment. Just ten short years away. And in a time of rapid technological change, that is the problem. The US is on the verge of ceding its largest competitor with employment, profit, and overall economic growth. China’s government has also been paying off plans to become the world leader in cutting-edge technology, filing more patent applications, publishing more research papers and creating more stem graduates,, than any other country. That means, the Chinese companies could soon dominate emerging technologies like artificial intelligence, robotics, quantum computing synthetic biology and next-generation communication technologies like 5G. That in turn will give the Chinese military update. Put in the Pentagon at a serious risk of losing its strategic advantage. Back to the 50s and 60s, moonshots didn’t happen because the investment wasn’t there. Or worse yet another country got their first. How would our competitiveness have suffered and that future may soon be a reality?

 

Leave a Reply

Your email address will not be published.

WORKING FROM the HOME

WORKING FROM the HOME WITH KIDS:

WhatsApp: Why Americans Don't

WhatsApp: Why Americans Don’t Use It