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IT EXECS WARN U.S. LOSING EDGE IN HIGH TECH
From: Dave Farber <dave () farber net>
Date: Tue, 29 Oct 2002 19:03:32 -0500
It is a lot worse than Pat is saying. Djf ------ Forwarded Message From: Dewayne Hendricks <dewayne () warpspeed com> IT EXECS WARN U.S. LOSING EDGE IN HIGH TECH Intel chief technology officer Pat Gelsinger told attendees at last week's Agenda conference that the U.S. is at risk of losing its dominant position in information technology: "Perhaps the current downsizing of the U.S. IT industry is not a temporary thing. Maybe we are headed for becoming a second-class citizen in the world of IT." Gelsinger's comments were seconded by Microsoft CTO Craig Mundie, who noted, "If the U.S. cedes its leadership in IT there will not be a second chance." Gelsinger and Mundie cited three fundamental concerns contributing to their pessimism: a "disastrous" decline in the national commitment to IT R&D; a dearth of engineering graduates; and the low penetration of broadband compared to other countries. "The percentage of gross domestic product spent on government-funded R&D is less than half what it was in the 1950s. In software R&D, Microsoft outspends the total Defense Department by a factor of three," said Mundie. Meanwhile, Cadence Design Systems CEO Ray Bingham chimed in with his own lament: "China produces 600,000 engineers a year and 200,000 of them are electrical engineers." In contrast, the U.S. last year granted 70,000 undergraduate electrical engineering degrees and 37,000 graduate and doctoral degrees. More than half the doctorates went to foreign students, many of whom will return home to work. Finally, the slow deployment of broadband is hindering further technology advances and postponing the huge investments in hardware and software that will finally occur when high-speed access has penetrated most of the market. (Fortune.com/CNN 25 Oct 2002) <http://www.cnn.com/2002/TECH/ptech/10/23/fortune.ff.us.tech/index.html> Archives at: <http://web.wireless.com/index.php?name=Mailing_List&fn=viewml&mid=4> ------ End of Forwarded Message ------------------------------------- You are subscribed as interesting-people () lists elistx com To unsubscribe or update your address, click http://v2.listbox.com/member/?member_id=125275&user_secret=1aa8f2d6 Archives at: http://www.interesting-people.org/archives/interesting-people/
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- IT EXECS WARN U.S. LOSING EDGE IN HIGH TECH Dave Farber (Nov 01)
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- IT EXECS WARN U.S. LOSING EDGE IN HIGH TECH Dave Farber (Nov 01)