I’VE spent the last week traveling to two of America’s greatest innovation hubs — Silicon Valley and Seattle — and the trip left me feeling a combination of exhilaration and dread. The excitement comes from not only seeing the stunning amount of innovation emerging from the ground up, but from seeing the new tools coming on stream...
“I see the elimination of gatekeepers everywhere,” said Bezos.
The leading companies driving this trend — Amazon, Facebook, Microsoft, Google, Apple, LinkedIn, Zynga and Twitter — are all headquartered and listed in America.
It’s because we’re leaving an era of some 50 years’ duration in which to be a president, a governor, a mayor or a college president was, on balance, to give things away to people; and we’re entering an era — no one knows for how long — in which to be a president, a governor, a mayor or a college president will be, on balance, to take things away from people.
What we must preserve is that magic combination of cutting-edge higher education, government-funded research and immigration of high-I.Q. risk-takers. They are, in combination, America’s golden goose, laying all these eggs in Seattle and Silicon Valley. China has it easy right now. It just needs to do the jobs that we have already invented, just more cheaply. America has to invent the new jobs — and that requires preserving the goose.
When we shrink investments in higher education and research, “we shoot ourselves in both feet,” remarked K.R. Sridhar, founder of Bloom Energy, the Silicon Valley fuel-cell company. “Our people become less skilled, so you are shooting yourself in one foot..."
“Empowering the individual and underinvesting in the collective is our great macro danger as a society,” said the pollster Craig Charney.