US Lead in Measured Technology Exports Peaked in 2014 and Is Sinking Fast
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5 comments on US Lead in Measured Technology Exports Peaked in 2014 and Is Sinking Fast
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5 Comments
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2 years ago
us’s tech lead is over, at least for publicly available technology. maybe in defense, it may still have an edge, but we will never know non-public technology. the us allowed it’s tech to be stolen so that a few politicians and executives have benefited enormously while selling out the country. and now that they’re falling behind they are trying to implement various controls but it’s too late. other countries hired the us’s top talent as they were getting laid off. at some point you lose critical mass and then it’s too late. now they are trying to create fake boom to catch up, but instead we have sick industries that aren’t really advancing state of the art flourishing and continuing the wealth transfer from the productive (what little remains) to the non-productive. research is all but dead. all the technology we see today is likely available in patents from ibm researchers in the 70’s and 80’s. those research orgs have been gutted. the research done at places like microsoft and google are a joke compared to what was done then.
2 years ago
The NEA wants American students to be taught Critical Race Theory, instead of math and science, which are supposed to be colonialist and imperialist, while oppressing people of color. If CRT comes to dominate schooling,
American education will be relegated to the Dark Ages, as will any lead in technology.
2 years ago
Even for defense technology a dubious claim.
2 years ago
link to livescience.com
It seems that China is about to be the first in technology
2 years ago
First, as you correctly pointed out, the numbers are gamed (to the ultimate benefit of multinational corporations and their major stockholders…. that were mostly started by US entrepreneurs — who are still the majority stockholders —- imagine that.)
Second, exports schmeckports…..as a percentage of US GDP, exports are less than 12% …..compare to Germany (over 46%), Mexico (40%), Canada (32%), France and the UK (both over 30%)…and China (18%).
Current US trade deficits are a nothingburger in the long term game here. It is those counties who are super-dependent on exports that need to worry, as their markets shrink thanks to the demographics of aging and plummeting birth rates in the developed world.