This just in from the BBC (hat tip: Kevin Stolarick).
“The US has lost its position as the world’s primary engine of
technology innovation, according to a report by the World Economic
Forum. The US is now ranked seventh in the body’s league table measuring the impact of technology on the development of nations. A deterioration of the political and regulatory environment in the US prompted the fall, the report said. The top spot went for the first time to Denmark, followed by Sweden.Countries were judged on the integration of technology in business, the infrastructure available, government policy favourable for fostering a
culture of innovation and progress and leadership in promoting the
usage of the latest information technology tools.”
The story is here.
March 31st, 2007 at 7:29 pm
We are only a few % of the world’s population. When 5% of the globe dominates, this means that 95% is working sub-par. The US needs to get its act together and do better as the regulatory decline noted in the story is real but as India, the PRC, and the rest of the non-integrating Gap comes out of their intellectual/economic isolation, we’re naturally going to matter less individually while the entire world gets better off. I’ll take that future gladly for myself and my children too.