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Accelerating Innovation with Leadership

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21–26 of 26 posts

Re: Accelerating Innovation with Leadership

#21
> Today, we are far more productive because of the IT revolution.

Actually, this claim is not supported by the numbers. Our labor productivity (edit: growth) is actually decreasing [1]. But obviously I agree we need to prioritize science funding, whereas IT is a very small part of what's necessary to be productive.

The title is also incredibly cringe-worthy.

[1] The POTUS. http://www.economist.com/news/briefing/21708216-americas-pre...

Re: Accelerating Innovation with Leadership

#22
post #21

> Today, we are far more productive because of the IT revolution. Actually, this claim is not supported by the numbers. Our labor productivity (edit: growth) is actually decreasing [1]. But obviously I agree we need to prioritize science funding, whereas IT is a very small part of what's necessary to be productive. The title is also incredibly cringe-worthy. [1] The POTUS. http://www.economist.com/news/briefing/21708…

US productivity growth has been slowing, though productivity itself is still more or less increasing and has roughly doubled from 1989. That's remarkable given the scale of the US economy.

See the "Max" timeline view here to see US productivity over time: http://www.tradingeconomics.com/united-states/productivity

Re: Accelerating Innovation with Leadership

#23
post #22
post #21

> Today, we are far more productive because of the IT revolution. Actually, this claim is not supported by the numbers. Our labor productivity (edit: growth) is actually decreasing [1]. But obviously I agree we need to prioritize science funding, whereas IT is a very small part of what's necessary to be productive. The title is also incredibly cringe-worthy. [1] The POTUS. http://www.economist.com/news/briefing/21708…

US productivity growth has been slowing, though productivity itself is still more or less increasing and has roughly doubled from 1989. That's remarkable given the scale of the US economy. See the "Max" timeline view here to see US productivity over time: http://www.tradingeconomics.com/united-states/productivity

Yes, I'm sorry, you're correct. Growth in productivity is slowing, concomitant with the "IT revolution." The argument still stands that Gates's claim that the IT sector can be viewed as a driver of productivity is unsupported.

Re: Accelerating Innovation with Leadership

#24
post #3

Linux Fanboy here saying Bill Gates would make an awesome president.

True. At the same time, I believe he can do more good for the world as a private individual than as the President of the USA

Depth vs breadth. The president has a lot of power, but has to deal with a zillion things every day. As a private individual, he can think deeply about one (or 10) things as long as he needs to to find a great answer.

He's certainly someone i'd say can handle both depth and breadth very well. I'd agree with you, generally, but i'm not super enthusiastic about any of my options this year.

disclaimer Not interested on being sold on a candidate. I've made up my mind.

Re: Accelerating Innovation with Leadership

#26
post #6

Don't governments already do this by giving universities large research grants? http://research.fas.harvard.edu/funding-sources#federal We could triple the grants, but that money has to come from somewhere and every corner of society has a vocal group of voters who want that money. If the future US federal leader makes it a priority to cure the HIV epidemic in foreign countries while taking away cancer research fundi…

But I think his point is that they're grants without a specific end goal (i.e mankind on extraterrestrial rock). Having a deadline with a tangible end-result can be beneficial.
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