Earlier quoted context omitted.
I think one of the biggest problems in the United States is the misallocation of ambitious people. The highly educated and ambitious people see finance, government, tech, and corporate executive tracks, as the way to convert their energies into social status. Even startups these days seem to be a case of too many chiefs, not enough Indians.
Well the problem is US wants to be the world's managers. And all we cared about is writing messenger apps. Totally missed the boat on building things, like houses, boats, and most of all new weird things we don't even have a concept for.
I think the problem is more nuanced than that. The US was effectively "the world's managers", in the sense that their economic might, entrepreneur culture, and push for globalization resulted in a corporate structure where the ownership and executive levels were US whereas non-critical business domains reflected the local workforce, whether it was the US or not.
This setup worked great while the US dominated the world's economy and influenced their allies and trading partners to actively engage in globalization.
Now that Trump is pushing for isolationism, of course things change.