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Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation

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11–20 of 562 posts

Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation

#11

Google has had no serious innovation in 20 years. Issue the dividend already and stop calling yourself a technology growth company.

Automatic translation, alpha go, google maps UI, ...

We’re talking about paradigm shifts and not just incremental innovation (both are important, but there is a huge difference).

Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation

#12

I saw a "Just Have A Think" YouTube channel video recently describing the 1MV HVDC line being built across China. It is part of Belt&Road infrastructure project and will allow them to distribute excess loads to different time zones without skin effect losses of an AC line. This is a part of their COVID stimulus injection. When American $1.2k per citizen landed in accounts, I remember checking local Walmarts in the we…

And those TVs created a lot of Chinese jobs.

Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation

#13

I am always curious what people think about the following subject: Do you believe patents promote innovation or hamper it? Certainly some business models are dependent on patents and intellectual property restrictions, but do you think it actually promotes innovation? My own observation has been that with the 3D printer for example, innovation was stagnant for the 20 years that they were under patent. Once the patent…

The answer is on who you expect to innovate more: big corps that can afford to file, defend, and acquire patents or individual makers?

America will win only when we can support both use cases.

Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation

#15

I saw a "Just Have A Think" YouTube channel video recently describing the 1MV HVDC line being built across China. It is part of Belt&Road infrastructure project and will allow them to distribute excess loads to different time zones without skin effect losses of an AC line. This is a part of their COVID stimulus injection. When American $1.2k per citizen landed in accounts, I remember checking local Walmarts in the we…

> I remember checking local Walmarts in the weeks that followed and I noticed all the TVs were gone.

A lot of folks became retail investors for the first time right about then, too. Hertz wiped a few of them out, and SoftBank profited off the rest.

Even a "trickle up" bailout gets taken advantage of by the big fish.

Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation

#16

I saw a "Just Have A Think" YouTube channel video recently describing the 1MV HVDC line being built across China. It is part of Belt&Road infrastructure project and will allow them to distribute excess loads to different time zones without skin effect losses of an AC line. This is a part of their COVID stimulus injection. When American $1.2k per citizen landed in accounts, I remember checking local Walmarts in the we…

A HVDC belt buckle around the earth paired with oodles of PV seems like a rare legit silver bullet. Hopefully China is wildly successful with this, spurring further investment.

Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation

#17

Earlier quoted context omitted.

Automatic translation, alpha go, google maps UI, ...

alpha go was acquired if Im not mistaken. Sure on the others.

No and no, unless you're picking a very unusual way of attributing things

Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation

#18

I am always curious what people think about the following subject: Do you believe patents promote innovation or hamper it? Certainly some business models are dependent on patents and intellectual property restrictions, but do you think it actually promotes innovation? My own observation has been that with the 3D printer for example, innovation was stagnant for the 20 years that they were under patent. Once the patent…

The answer is on who you expect to innovate more: big corps that can afford to file, defend, and acquire patents or individual makers? America will win only when we can support both use cases.

Can you elaborate on what you mean when you say "America will win"? What do you mean win?

Open source hardware is really good at making things low cost, because whoever can offer the best value (low cost, reasonably quality) will succeed. So what if we did that with big stuff like MRI machines and semiconductor fabricating equipment and robotics? Wouldn't that make all that stuff cheap, thereby making us better off? Like health care and car repairs and manufacturing would all be cheaper, and we can use that to thrive.

Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation

#19
> "America does not have enough people with those skills."

Seriously, I feel the US has a big education problem, with part of it being cultural I think. Seems being educated, knowledgeable, having expertise, learning about science and technology, medicine and law, just isn't valued anymore, in fact it's almost being denigrated and shamed.

What I see instead is people pushing for anti-intellectualism and valuing the "college dropouts".

There's also just the quality and access to education seems it's getting worse and worse.

I don't know, but it frustrates me that the truth is the US doesn't have the know how that its companies require anymore, and has to either outsource the work or import workers who do from elsewhere.

Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation

#20

Earlier quoted context omitted.

alpha go was acquired if Im not mistaken. Sure on the others.

No and no, unless you're picking a very unusual way of attributing things

It was developed by DeepMind Technologies which was later acquired by Google.
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