This is the title of a fascinating article in the NYT today on the troubling state of innovation. Gist:
“The scientific and technical building blocks of our economic leadership are eroding at a time when many other nations are gathering strength,” the National Academy of Sciences observed in a report released last month. “Although many people assume that the United States will always be a world leader in science and technology, this may not continue to be the case inasmuch as great minds and ideas exist throughout the world. We fear the abruptness with which a lead in science and technology can be lost – and the difficulty of recovering a lead once lost, if indeed it can be regained at all.”
A committee of leading scientists, corporate executives and educators oversaw the drafting of the report, entitled “Rising Above the Gathering Storm: Energizing and Employing America for a Brighter Economic Future.” To spur American innovation, it recommends enhanced math and science education in grade school and high school, a more hospitable environment for scientific research and training at the college and graduate levels, an increase in federal funds for basic scientific research and a mix of tax incentives and other measures to foster high-paying jobs in groundbreaking industries. The report cites China and India among a number of economically promising countries that may be poised to usurp America’s leadership in innovation and job growth.
Tom Friedman drives at the education issue as well in “The World is Flat“.
Yet another troubling sign of what may lie ahead.