The Senate passes the U.S. Innovation and Competition Act (US Senate S.1260) in an effort to create stronger technology and research driven competitive advantages on a national level. For some time the US been getting bested by our rivals because we were not seeing the patterns and adjusting accordingly to capitalize on our innovative strengths. While we are still the primary market leader, large countries like China have developed technologies that rival our own and are pushing their intellectual capacity to challenge our scientists, professors, and entrepreneurs.
Its kindof our own fault! We took our technology to the low cost provider and in turn allowed them to grow at our own expense. Bad policy mixed with too much focus on profits caught us by surprise. Doing new things in new ways means we should consider looking not only today but also 5, 10, 20, and if possible 30 years into the future to put such decisions in appropriate context. You may not be interested in reading the whole Bill (Its going to take me a minute) so you may want to browse United States Innovation and Competition Act (USICA): A Primer by Tom Lee and Juan Londono.
If your a nerd and you like technology this is going to be hay day (or hey day) for you. Law makers are pushing advanced technologies to a level we haven't seen before. There will be an attempt to surpass our rivals. That means no longer sidelining STEM and other programs to the "maybe if we have some resources available" status to "lets put programs like this first in line". We are reorienting ourselves to new challenges.
According to Senate majority Leader Chuck Schumer, “Around the globe, authoritarian governments believe that squabbling democracies like ours can’t unite around national priorities.....Well, let me tell you something: I believe that they are wrong. I believe that this legislation will enable the United States to out-innovate, out-produce, and out-compete the world in the industries of the future.”(Franck, 2021, para 13-14.)Bill Overview:
Key Factors of Focus:
(A) Artificial intelligence, machine learning, autonomy, and related advances.
(B) High performance computing, semiconductors, and advanced computer hardware and software.
(C) Quantum information science and technology.
(D) Robotics, automation, and advanced manufacturing.
(E) Natural and anthropogenic disaster prevention or mitigation.
(F) Advanced communications technology and immersive technology.
(G) Biotechnology, medical technology, genomics, and synthetic biology.
(H) Data storage, data management, distributed ledger technologies, and cybersecurity, including biometrics.
(I) Advanced energy, batteries, and industrial efficiency, including advanced nuclear technologies for the purposes of electric generation (consistent with section 15 of the National Science Foundation Act of 1950 (42 U.S.C. 1874).
(J) Advanced materials science, including composites and 2D materials.
A Few Thoughts:
Thoughts become reality when they have practical utility and the resources needed to create execution. Research and development resources have a habit of gravitating toward elite educated scientists. While such individuals are important and often successful idea generators they are at times limited by the same elite social and academic circles that give them those opportunities. "Out of the Box" thinking often requires creativity in thought that is stifled when there are too many distracting expectations.
The program is a launch to something bigger that will likely develop unknown technologies in the future. Our administrators may find that if they expand government money through tax deductible R&D expenditures and pooled industry research (to support multi-industry cluster development and in turn economic synergy) we may find net positives throughout our nation and manufacturing capacities that reduce costs and improve financial budgets. Why have the government pay for it all when we might be able to triple or quadruple the resources in investment by encouraging companies to do the same?
No comments:
Post a Comment