Why Putin and Trump don't understand innovation and why Beijing does. What that means for mankind.
Most of the rhetoric from POTUS45 has been destructive to the previous political order. He is only good at destroying. While his Grandfather in Alaska understood the power of seizing the moment and even his father of grasping opportunity, their progeny is hell bent on destroying anything he can. Trump hates technology. This has created a perfect opportunity for America's enemies. The obviousness of that statement is clear - or at least it should be. However, let's dive into the long term damage befalling the country. When one of Obama's shining example of alternative energy, Solyndra, failed in 2011, the Right seized on it as a way to dislodge POTUS44's meritocracy approach. More money was spent on attack ads featuring the failure than was lost in the investment. The Right funding for negative ads now being matched by the Centre and the Left has resulted in a general distaste by the population. Easy enough to understand. But the real damage is what is being done to the state of science and technology learning by both the Right and the Left. America's leadership in the world has up till now depended on its military might. Or so it may appear. The real might of the USA is its technology prowess and mass production capability. It's innovation led culture is at the core. The capitalist agenda has seen everything from flying to personal movement to information all basing America's current prowess. However the country has been transformed by the negative attacks into a nation turning away from its very clear worldwide advantage. This is something Moscow and Beijing clearly understand, but for different reasons. For Russia this is about crippling its arch enemy. For China the story is very different but the impact will be far reaching and there is an almost guarantee that the United States will follow Great Britain into decline for the same fundamental reasons unless the rot stops. NOW!
The USA needs to increase its investment in pure science. It needs to allow as much freedom as possible for its technology companies to operate and innovate. Innovation must remain the lifeblood of the economy. What is POTUS45's response? CUT SPENDING in Science and Technology (as well as the Arts). The Democratic Front Running Centre Left leaning duo of Sanders and Warren are also advocating a tax and neuter approach. Neither side understands the immense harm that will be done on both the near term and the long term economy and the country's ability to innovate. Growth may not be ultimately good for the world in a scarce resources world but innovation will be so.
So first let's look at Russia, which was once an amazing storehouse of original science. The National Academies of Science housed more pure scientific research than any other institution on the planet. That was until The Soviet Union fell apart. In 2007 I met the wife of the then chairman - once the most powerful positions in of Russia. His salary at that time $40 a month. She described how to heat the building in winter they burnt original texts. For Putin, he cares not for raw Science just like his mate Trump who has no time for comprehension. But Putin recognizes something his opposite number does not. We live in the Information Age and data is the new oil. You can manipulate data easily if you have access to it. Trump and and the GOP have no comprehension of this whatsoever. Putin has proven himself well worthy of being a data Jedi. And Trump?
But what about Beijing in all of this. I am sure many of readers of this article have read Kai-Fu Lee's book on Artificial Intelligence. "AI Superpowers" It is a tome and full of interesting anecdotes. But the real meat is clear. WAKE UP AMERICA, YOU ARE LOSING THE WAR. What Beijing is doing is creating the context for the next stage of information powered innovation. Allow me to pick on one initiative alone. Belt and Road, something most Americans have absolutely no clue about. The B&R initiative will power China's hegemony for the next several hundred years. China ALWAYS takes the long view. America is obsessed with the next big thing and the short view. It's policy towards debt, innovation, and culture are prime examples. By contrast, Belt and Road is spreading China based infrastructure which is displacing American based infrastructure - Worldwide. Want an example. Look at the adoption in LATAM of WeChat Pay. Let's look at one of the greatest innovations of the past 100 years. America's credit card companies once the powerhouse of the global economy no longer form the dominant form of Financial Fulfillment in Asia Pacific. Chinese based payment instruments now dominate and this is rapidly spreading GLOBALLY.
But perhaps, even, where Beijing can fail, America is shooting itself in the foot. Immigration. The USA has benefited from amazing minds from so many parts of the old world and the new. Closing the door on immigration of all types is perhaps the worst example of the current Administration's ineptitude. Where will the next Enric Fermi, Sergei Brin, or Andrew Carnegie emerge? At this rate definitely not the USA.
So it's time to wake up and smell the coffee. We are at war for the control of the world's data. Just because we won the first few rounds doesn't mean we will win the war.
I have spent most of my working life in innovation and application of it. I see the failures. I see corporations wrapped up in preserving their own hide. I see risk-taking diminishing in startups and in mature companies. I see the failure of the body politic to empower government for innovation and success. PLEASE don't screw this up. PLEASE I beg you.
You have been warned. Now DO SOMETHING ABOUT IT.
(Picture courtesy of Al Jazeera).
Most of the rhetoric from POTUS45 has been destructive to the previous political order. He is only good at destroying. While his Grandfather in Alaska understood the power of seizing the moment and even his father of grasping opportunity, their progeny is hell bent on destroying anything he can. Trump hates technology. This has created a perfect opportunity for America's enemies. The obviousness of that statement is clear - or at least it should be. However, let's dive into the long term damage befalling the country. When one of Obama's shining example of alternative energy, Solyndra, failed in 2011, the Right seized on it as a way to dislodge POTUS44's meritocracy approach. More money was spent on attack ads featuring the failure than was lost in the investment. The Right funding for negative ads now being matched by the Centre and the Left has resulted in a general distaste by the population. Easy enough to understand. But the real damage is what is being done to the state of science and technology learning by both the Right and the Left. America's leadership in the world has up till now depended on its military might. Or so it may appear. The real might of the USA is its technology prowess and mass production capability. It's innovation led culture is at the core. The capitalist agenda has seen everything from flying to personal movement to information all basing America's current prowess. However the country has been transformed by the negative attacks into a nation turning away from its very clear worldwide advantage. This is something Moscow and Beijing clearly understand, but for different reasons. For Russia this is about crippling its arch enemy. For China the story is very different but the impact will be far reaching and there is an almost guarantee that the United States will follow Great Britain into decline for the same fundamental reasons unless the rot stops. NOW!
The USA needs to increase its investment in pure science. It needs to allow as much freedom as possible for its technology companies to operate and innovate. Innovation must remain the lifeblood of the economy. What is POTUS45's response? CUT SPENDING in Science and Technology (as well as the Arts). The Democratic Front Running Centre Left leaning duo of Sanders and Warren are also advocating a tax and neuter approach. Neither side understands the immense harm that will be done on both the near term and the long term economy and the country's ability to innovate. Growth may not be ultimately good for the world in a scarce resources world but innovation will be so.
So first let's look at Russia, which was once an amazing storehouse of original science. The National Academies of Science housed more pure scientific research than any other institution on the planet. That was until The Soviet Union fell apart. In 2007 I met the wife of the then chairman - once the most powerful positions in of Russia. His salary at that time $40 a month. She described how to heat the building in winter they burnt original texts. For Putin, he cares not for raw Science just like his mate Trump who has no time for comprehension. But Putin recognizes something his opposite number does not. We live in the Information Age and data is the new oil. You can manipulate data easily if you have access to it. Trump and and the GOP have no comprehension of this whatsoever. Putin has proven himself well worthy of being a data Jedi. And Trump?
But what about Beijing in all of this. I am sure many of readers of this article have read Kai-Fu Lee's book on Artificial Intelligence. "AI Superpowers" It is a tome and full of interesting anecdotes. But the real meat is clear. WAKE UP AMERICA, YOU ARE LOSING THE WAR. What Beijing is doing is creating the context for the next stage of information powered innovation. Allow me to pick on one initiative alone. Belt and Road, something most Americans have absolutely no clue about. The B&R initiative will power China's hegemony for the next several hundred years. China ALWAYS takes the long view. America is obsessed with the next big thing and the short view. It's policy towards debt, innovation, and culture are prime examples. By contrast, Belt and Road is spreading China based infrastructure which is displacing American based infrastructure - Worldwide. Want an example. Look at the adoption in LATAM of WeChat Pay. Let's look at one of the greatest innovations of the past 100 years. America's credit card companies once the powerhouse of the global economy no longer form the dominant form of Financial Fulfillment in Asia Pacific. Chinese based payment instruments now dominate and this is rapidly spreading GLOBALLY.
But perhaps, even, where Beijing can fail, America is shooting itself in the foot. Immigration. The USA has benefited from amazing minds from so many parts of the old world and the new. Closing the door on immigration of all types is perhaps the worst example of the current Administration's ineptitude. Where will the next Enric Fermi, Sergei Brin, or Andrew Carnegie emerge? At this rate definitely not the USA.
So it's time to wake up and smell the coffee. We are at war for the control of the world's data. Just because we won the first few rounds doesn't mean we will win the war.
I have spent most of my working life in innovation and application of it. I see the failures. I see corporations wrapped up in preserving their own hide. I see risk-taking diminishing in startups and in mature companies. I see the failure of the body politic to empower government for innovation and success. PLEASE don't screw this up. PLEASE I beg you.
You have been warned. Now DO SOMETHING ABOUT IT.
(Picture courtesy of Al Jazeera).