Revving Up The U.S. Technology Engine
The post Revving Up The U.S. Technology Engine appeared on BitcoinEthereumNews.com. Multiple technology revolutions — digital, AI, biotech, autonomous systems, quantum, precision agriculture — are advancing rapidly, transforming every sector of the economy and national security, and fueling the rise of new industries. Our global competitors are developing and scaling these technologies as fast as they can. More than anything else, winning the challenge to shape the future, growing our economy, and enhancing our global leadership all rest with our ability to innovate with speed and at scale. The United States is investing record levels in R&D — $940 billion in 2023, driven largely by the private sector. Technology hubs are growing across the country, and we have enviable university and national laboratory research resources. But, going forward, speed – coupled with renewed investment in our nation’s basic research – is the only competitive, differentiating factor that will set the United States apart on the global stage. We must move faster to ensure every sector of the U.S. economy is operating with the most advanced products, services, and technical solutions, supported by a long-term commitment by the federal government to the basic research history shows consistently replenishes the innovation pipeline. Recently, the Council’s National Commission on Innovation and Competitiveness Frontiers issued a Call to Action undergirded by seven strategic pillars. Pillar 5’s recommendations call for Accelerating Technology Development and Deployment at Speed and Scale. Five areas of action are high priorities: First, accelerate the regulatory process. AI is beginning to shave years off new drug development, and we are building out the U.S. AI data center infrastructure. We are expanding U.S. manufacturing, tapping a wide range of energy resources, autonomous vehicles will be hitting the roads, and we must mine for minerals essential for high-tech products. These frontiers are often subject to aggressive regulatory review and permitting regimes that can snarl…
The post Revving Up The U.S. Technology Engine appeared on BitcoinEthereumNews.com.
Multiple technology revolutions — digital, AI, biotech, autonomous systems, quantum, precision agriculture — are advancing rapidly, transforming every sector of the economy and national security, and fueling the rise of new industries. Our global competitors are developing and scaling these technologies as fast as they can. More than anything else, winning the challenge to shape the future, growing our economy, and enhancing our global leadership all rest with our ability to innovate with speed and at scale. The United States is investing record levels in R&D — $940 billion in 2023, driven largely by the private sector. Technology hubs are growing across the country, and we have enviable university and national laboratory research resources. But, going forward, speed – coupled with renewed investment in our nation’s basic research – is the only competitive, differentiating factor that will set the United States apart on the global stage. We must move faster to ensure every sector of the U.S. economy is operating with the most advanced products, services, and technical solutions, supported by a long-term commitment by the federal government to the basic research history shows consistently replenishes the innovation pipeline. Recently, the Council’s National Commission on Innovation and Competitiveness Frontiers issued a Call to Action undergirded by seven strategic pillars. Pillar 5’s recommendations call for Accelerating Technology Development and Deployment at Speed and Scale. Five areas of action are high priorities: First, accelerate the regulatory process. AI is beginning to shave years off new drug development, and we are building out the U.S. AI data center infrastructure. We are expanding U.S. manufacturing, tapping a wide range of energy resources, autonomous vehicles will be hitting the roads, and we must mine for minerals essential for high-tech products. These frontiers are often subject to aggressive regulatory review and permitting regimes that can snarl…
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